The reporter noticed that Chongqing Gaoyong has a state-owned background in Chongqing. Just in early June, Sanan Optoelectronics and the international semiconductor giant STMicroelectronics announced that they would set up a joint venture in Chongqing, with an estimated total investment of US$3.2 billion.
Sanan Electronics originally planned to absorb billions of yuan in capital increase from Changsha state-owned assets. However, according to the latest announcement of the listed company, Sanan Electronics has already increased the capital from Changsha state-owned assets.The money will be refunded.
Chongqing State-owned Capital Increase San'an Electronics
According to Sanan Optoelectronics' disclosure, the company received a notice from shareholder Sanan Group that the equity of its holding subsidiary Sanan Electronics will change. According to the capital increase agreement signed between Sanan Group and Chongqing Gaoyong, Chongqing Gaoyong increased capital by 10 billion yuan to Sanan Electronics, of which nearly 120 million yuan was included in the registered capital, and the remaining approximately 9.88 billion yuan was included in the capital reserve fund. After the above capital increase is completed, Chongqing Gaoyong will hold 23.13% of Sanan Electronics' equity.
"As of the disclosure date of this announcement, Sanan Electronics has received all the capital increase funds, and the industrial and commercial change registration is in process." Sanan Optoelectronics said.
Sanan Electronics is the controlling shareholder of Sanan Optoelectronics. As of the end of the first quarter, Sanan Electronics held 1.214 billion shares of Sanan Optoelectronics, with a shareholding ratio of 24.33%. San'anSanan Group holds 68.539% of the shares in Electronics, while Changsha Jianxin Industrial Investment Fund Partnership (Limited Partnership) and Ezhou Gedian Anxin Industrial Investment Fund Partnership (Limited Partnership) hold 26.439% and 5.022% respectively.
After Chongqing Gaoyong's capital increase, Sanan Group's shareholding ratio in Sanan Electronics changed to 52.69%, and it remains the company's controlling shareholder. Lin Xiucheng holds 59.68% of the equity of Sanan Group and indirectly controls Sanan Optoelectronics through Sanan Group and Sanan Electronics 29.21% of the shares and is still the actual controller of the listed company.
Qichacha shows that Chongqing Gaoyong was established in March this year with a registered capital of 10.003 billion yuan. The company's shareholders include Chongqing Industrial Investment Fund of Funds Partnership (Limited Partnership), Chongqing Science City Investment Holding Co., Ltd. (hereinafter referred to as Chongqing Science City Investment Holdings), Chongqing Xiyong Industrial Development Co., Ltd., and Chongqing Gaorui Equity Investment Fund Management Co., Ltd. (hereinafter referred to as Chongqing Gaorui). Among them, Chongqing Gaorui is the executive partner of Chongqing Gaoyong, which is wholly-ownedThe shareholder is Chongqing Science City Investment Holdings. The actual controller of Chongqing Science City Investment Control is the Chongqing Municipal Finance Bureau.
According to the news released by "Chongqing Release" on June 8, Sanan Optoelectronics and STMicroelectronics signed a cooperation agreement that afternoon. According to the agreement, STMicroelectronics and Sanan Optoelectronics will establish a joint venture in Chongqing to actively promote the construction of Sanan STMicroelectronics silicon carbide project. According to Sanan Optoelectronics’ announcement, the total investment amount of the joint venture established by the two parties is expected to be US$3.2 billion.
The executive partner of Changsha Jixin is Changsha Pioneer Industrial Investment Co., Ltd. (hereinafter referred to as Changsha Pioneer). The wholly-owned shareholder of Changsha Pioneer is Changsha Pioneer Investment Holding Group, and the actual controller is Changsha State-owned Assets Supervision and Administration Commission.
In early December last year, Sanan Optoelectronics once again disclosed that according to Changsha Jixin's overall funding arrangement, Changsha Jixin and San'an Group signed a supplementary capital increase agreement, and planned to change the capital increase to 3.75 billion yuan (8.5815% of the shares after the capital increase). "As of the date of this announcement, Sanan Electronics has received the above-mentioned capital increase of 3.75 billion yuan." the listed company said at the time.
ANNA