The stock price soared by 20%!Chairman of SMIC: Will not speculate on stock lithography machines, currently purchasing as usual

The stock price soared by 20%!Chairman of SMIC: Will not speculate on stock lithography machines, currently purchasing as usual

It is understood that on July 5, SMIC disclosed its initial public offering and listing on the Science and Technology Innovation Board, and determined the issue price at 27.46 yuan per share. According to the plan, SMIC will hold an online roadshow on July 6, and officially start the purchase on July 7.

It is understood that on July 5, SMIC disclosed its initial public offering and listing on the Science and Technology Innovation Board, and determined the issue price at 27.46 yuan per share. According to the plan, SMIC will hold an online roadshow on July 6, and officially start the purchase on July 7.

According to the report, SMIC’s initial issuance of shares for the IPO of the Science and Technology Innovation Board was 1.686 billion shares, accounting for approximately 23.62% of the total share capital after the issuance.

The issuer granted an over-allotment option of 15% of the initial issuance scale of Haitong Securities to the underwriter. If the over-allotment option is exercised in full, the newly issued share capital will be expanded to 1.938 billion shares, accounting for approximately after the over-allotment option is fully exercised 26.23% of the total number of shares after the issuance.

Based on the issuance price of RMB 27.46 per share, before the over-allotment option is exercised, the total funds raised by the company is expected to be 46.287 billion yuan; and if the over-allotment option is fully exercised, the total funds raised by the company are expected to be 532.30 100 million yuan.

According to domestic media reports, on the morning of July 6, SMIC held an online investor exchange meeting for IPO and listing on the Science and Technology Innovation Board. At the meeting, Zhou Zixue, chairman of the company, said in response to a question that he would never speculate in his own stocks, and that the company would devote itself wholeheartedly to the management of the company’s industry.

Zhou Zixue said that the company currently does not need EUV lithography machines for mass production and main research projects. Regarding equipment procurement, it does not comment on the situation of a single equipment based on relevant commercial agreements. As for the delivery time, “purchasing is as usual now.”

It is reported that the lithography machine is the equipment required for the ultraviolet exposure link in chip manufacturing and is the core of production. Its working principle is similar to film photo processing, which also determines the chip manufacturing process.

ASML’s financial report shows that a total of 26 EUV lithography machines were delivered in 2019, bringing in revenue of 2.789 billion euros, accounting for 31% of the entire year.

The price is so high that it still triggers competition for semiconductors, because 7nm and more advanced processes require EUV lithography machines. At present, Samsung Electronics and TSMC have used it for chip production, and Intel also plans to use the lithography machine.

The Links:   NL12876AC39-01 DMF50260NFU-FW-5 TIMMALCD

Related Posts

Leave a Reply

Your email address will not be published. Required fields are marked *