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Original title: Longi’s actual controller returns to the semiconductor field, and the shareholding company knocks on the Science and Technology Innovation Board
The market value exceeds 450 billion yuan,Longji sharesAs the world’s largest monocrystalline silicon wafer company, it is known as the “king of photovoltaics”.
Investors familiar with the history of Longji shares are very clear that its founder and actual controller Li Zhenguo has an indissoluble bond with semiconductors.
In 1990, Li Zhenguo graduated from the Department of Physics of Lanzhou University and entered the Huashan Semiconductor Factory in Shaanxi; ten years later, Li Zhenguo founded Xi’an Xinmeng Electronic Technology Co., the predecessor of Longji Co., Ltd., engaged in the production of semiconductor materials and equipment; since 2006, Longji Co., Ltd. Officially entered the silicon wafer,Solar energyIn the field of photovoltaic industry, it has created miracles in the ups and downs of the photovoltaic industry.
Today, Li Zhenguo has “killed” the semiconductor chip field he was familiar with.
On June 24, Longteng Semiconductor Co., Ltd. (referred to as “Longteng”) applied for an IPO on the Science and Technology Innovation Board, which was accepted by the Shanghai Stock Exchange.
The prospectus of Longteng shares (declaration draft) shows that Li Xiyan, the wife of Li Zhenguo, the actual controller of Longji shares, appeared on the company’s shareholder list. Before the issuance of Longteng shares, Li Xiyan held 2.68 million shares, with a shareholding ratio of 2.38%.
The prospectus also confirmed that Li Xiyan is the wife of Li Zhenguo, the founder of Longi, and the two are the actual controllers of Longi.
The prospectus disclosed that Li Xiyan obtained the above shares in two times, the first time in May 2019 and the second time in December 2020.
On May 17, 2019, Xu Xichang, the actual controller of Longteng, transferred his 2 million yuan of capital contribution to Li Xiyan at a transfer price of 9 yuan/registered capital.
In December 2020, Li Xiyan subscribed for 680,000 shares of Longteng at a price of 12 yuan per share, spending 8.16 million yuan.
According to data, Longteng is one of the leading power semiconductor design companies in China. Its main business is the research and development, design and sales of power device products based on power MOSFETs, and provides customers with system solutions. Based on the research and development model of “new platform—new product—derivative product”, the company has become one of the few domestic companies that have four major power MOSFET product categories: super junction MOSFET, planar MOSFET, shielded gate trench MOSFET, and trench MOSFET. Product models More than 500 kinds can meet the diversified needs of customers.
Financial data shows that from 2018 to 2020, Longteng’s operating income was 89,086,300, 101, and 173 million, and net profits were -32,273,300, -13,249,900, and 24,527,400.
In this sprint to the science and technology innovation board, Longteng intends to raise 1.18 billion yuan, all of which will be used for the 8-inch power semiconductor manufacturing project (phase one) project.
Longteng said that in the future, the company will independently control the special process links in the wafer manufacturing process of the company’s core products such as super-junction MOSFETs and IGBTs through self-built 8-inch power semiconductor epitaxial wafer production lines, so as to enhance production capacity guarantee and improve product consistency. And reliability, improve research and development efficiency, and gradually realize the transition from Fabless mode to Fab-Lite mode.
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Editor in charge: Zhang Shuyuan
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