[Introduction] China Resources, a state-owned enterprise, has officially become the actual controller of Changdian Technology. China Fund News reporter Jiang You has gone through eight months of equity transfer procedures. Now the board of directors has completed the reorganizati

[Introduction] China Resources, a state-owned enterprise, has officially become the actual controller of Changdian Technology .

China Fund News reporter Jiang You

After 8 months of equity transfer procedures, the board of directors has now been reorganized. China Resources Co., Ltd., a state-owned enterprise, has officially become the actual controller of Changdian Technology. Control people. Changdian Technology is a leading company in global chip packaging. Its latest stock price is 38.98 yuan and its total market value is 69.8 billion yuan.

html On the evening of November 29, Changdian Technology announced that the company would convene the third extraordinary shareholders' meeting in 2024 to complete the reorganization of the company's board of directors. After this board reorganization, Panshi Runqi is able to control more than half of the company's board of directors. Based on the current shareholding situation of the company's shareholders and the company's board of directors seat arrangement, after careful judgment, the company's controlling shareholder was changed to Panshi Runqi, and the actual controller was changed to China Resources Co., Ltd.

Changdian Technology has also changed from having no actual controller to having an actual controller. Changdian Technology stated that the company's change from no actual controller to a controlling shareholder and actual controller will not have an adverse impact on the company's daily operating activities; it will not affect the company's business, assets, institutions, personnel, finance, etc. independence and does not harm the interests of the company and small and medium-sized shareholders.

In fact, Changdian Technology’s shareholders have been transferring since the end of March this year. After the transfer was finally completed in November, Panshi Runqi held 403 million shares of the company, accounting for 22.53% of the company’s total share capital. Although the proportion of shares is not very high, by occupying more than half of the board seats, Panshi Runqi became the controlling shareholder, and China Resources Co., Ltd. behind it became the actual controller.

At the end of March this year, Changdian Technology’s shareholders, the National Integrated Circuit Industry Investment Fund (hereinafter referred to as the Big Fund) and Core Semiconductor, respectively signed a “Share Transfer Agreement” with Panshi Hong Kong. In August this year, Big Fund and Core Semiconductor signed a "Supplementary Agreement" with Panshi Hong Kong and Panshi Runqi respectively, stipulating that the transferee of the underlying shares involved in this share transfer was changed from Panshi Hong Kong to Panshi Runqi. In November this year, the transfer was completed.

On November 29, Changdian Technology held its third extraordinary shareholders' meeting in 2024 and elected three non-independent directors, Quan Huaqiang, Chen Rong, and Liang Zheng, all of whom are from China Resources Group. Then the board of directors was held to elect Quan Huaqiang as the new chairman.

Changdian Technology’s official website shows that the company was founded in 1972 and is the world’s leading provider of integrated circuit manufacturing and technical services. It provides comprehensive, one-stop chip manufacturing solutions to global semiconductor customers, covering microsystem integration and design simulation. , wafer mid-test, chip and device packaging, finished product testing, product certification and global direct shipping and other services.

In the first three quarters of 2024, Changdian Technology’s operating income was 24.98 billion yuan, a year-on-year increase of 22.3%; net profit attributable to the parent company was 1.08 billion yuan, a year-on-year increase of 10.6%.

Editor: Xiaomo