603501, Plans to Increase Capital by 1 Billion Yuan for Semiconductor Enterprises! Next Week's Unlocking Market Value Exceeds 800 Billion Yuan, 8 Stocks Face Major Unlocking Pressure

Oppo Group plans to invest an additional 1 billion RMB in Rongxin Semiconductor in cash.

On March 20, Oppo Group (603501) announced that to further improve the company’s semiconductor industry chain layout and strengthen strategic collaboration with upstream supply chain links, the company plans to invest 1 billion RMB in Rongxin Semiconductor in cash, holding approximately 32.18 million RMB of its registered capital. Based on this round of investment of 4 billion RMB, the company expects to hold about 5.88% of Rongxin Semiconductor’s registered capital after the investment. The specific details are subject to the final agreement signed by all parties.

Given that Mr. Lü Dalong, a director of the company, holds 40 million RMB of registered capital in Rongxin Semiconductor through his controlled company, Tibet Zhitong Venture Capital Co., Ltd., accounting for 9.65% of the target company’s pre-investment equity, and that Beijing Junzheng Integrated Circuit Co., Ltd., an affiliated party of the company, holds 4 million RMB of registered capital, accounting for 0.97% of Rongxin Semiconductor’s pre-investment equity, this transaction constitutes a related-party joint investment under relevant regulations such as the Shanghai Stock Exchange Listing Rules.

Rongxin Semiconductor was established in April 2021 and is one of the first domestic 12-inch integrated circuit wafer foundries to adopt a market-oriented capital operation model. It focuses on mature process technology tracks from 28nm to 180nm, with main business including wafer foundry services for mixed-signal, analog, and logic integrated circuits. Its key areas include image sensors, analog chips, mixed-signal chips, and other specialty process foundry fields, as well as edge computing chips used in AI-related applications such as sensing, storage, and computing chips. The company has successfully built or planned multiple core technology process platforms, with foundry products applied in AI computing, smart devices, industrial control, consumer electronics, digital home, mobile communications, automotive electronics, and other diverse application scenarios.

Next week, over 80 billion RMB worth of shares will be unlocked.

According to Securities Times and Data Treasure, more than 40 stocks will have shares unlocked from March 23 to 27, totaling 7.345 billion shares. Based on the latest closing prices, the total market value of unlocked shares is approximately 84.258 billion RMB.

Twenty-three stocks have an unlocking market value of 10 million RMB or more, with eight exceeding 4 billion RMB. Postal Savings Bank of China, Shengmei Shanghai, and Jiebang Technology have the largest unlocking market values.

Postal Savings Bank of China will have the highest unlocking market value next week, with 5.405 billion shares, accounting for 4.5% of its total share capital, with a market value of about 272.97 billion RMB. These shares are all from the 2021 non-public issuance of A-shares, and after registration and custody, they are locked for five years. They will be unlocked and listed for trading on March 25.

Shengmei Shanghai will have 38.6013 million shares unlocked, representing 8.04% of its total share capital, with a market value of 5.791 billion RMB. The shareholders include multiple institutional and individual investors. The company is a semiconductor equipment manufacturer, mainly producing single-wafer and槽式 wet cleaning equipment, electroplating equipment, stress-free polishing equipment, vertical furnace tube equipment, front-end coating and developing equipment, and PECVD equipment.

Jiebang Technology will have 44.8413 million shares unlocked, accounting for 61.67% of its total share capital, with a market value of 5.668 billion RMB. The company provides customized precision functional and structural components, widely used in consumer electronics, new energy vehicles, smart wearables, and other fields, establishing long-term stable cooperation with many leading consumer electronics and new energy companies.

Four stocks have an unlocking ratio exceeding 60%.

In terms of the proportion of unlocked shares to total share capital, 13 stocks have an unlocking ratio over 10%, with United Water, Yibo Technology, Senying Window Industry, and Jiebang Technology exceeding 60%.

United Water’s unlocked shares account for 69.3% of its total share capital, totaling 293 million shares, with a market value of 3.49 billion RMB. The company is a comprehensive water services provider, engaged in tap water production and supply, sewage treatment and resource utilization, river and lake basin water environment management, and water ecological restoration.