A few days ago, BYD issued a notice saying that the company completed a non-public offering of 252 million shares at a price of 57.40 yuan/share, raising a total of 14.473 billion yuan. Among them, Shanghai Samsung Semiconductor Co., Ltd. subscribed for 52,264,800 shares, totaling 3 billion yuan, which will hold 1.92% of the total share capital after the company's non-public offering.
It is understood that Shanghai Samsung Semiconductor Co., Ltd., which subscribes to BYD's stock, was formerly the Hong Kong Samsung Electronics Shanghai Office. It started its business in China in 1993 and is a wholly-owned enterprise invested by South Korea's Samsung Electronics Co., Ltd. in Shanghai.
The announcement also shows that the funds raised will be used for iron-powered lithium-ion battery expansion projects, new energy vehicle R&D projects, and replenishment of working capital and repayment of bank loans. It is understood that Samsung Electronics has been providing BYD with a variety of sensors and other automotive semiconductors and LCDs. BYD provides Samsung Electronics with metal boxes and low-end batteries for smartphones.
After completing the fixed increase, BYD said to the company's business that after the completion of the non-public offering of shares and the fund-raising investment project, the production capacity of the company's lithium-ion battery will expand rapidly, which can better meet the production of new energy vehicles. Need; the implementation of the new energy vehicle R & D project will be conducive to the development of the company's follow-up models, and comprehensively enhance the company's competitiveness and sustainable development capabilities. With the completion of this non-public offering of shares and the implementation of fund-raising investment projects, the company's overall competitiveness, profitability and sustainable development will continue to develop, which will help strengthen the company's leading position in the new energy automotive industry.
Samsung’s purchase of BYD’s stock actually has many factors
A car analyst said that Samsung’s shareholding has been related to the delay in entering the battery company list. For BYD's active gold absorption, he believes that “Lithium is recognized as a profit growth point. BYD needs a lot of money to support production capacity, car research and development or battery-driven railcars.â€
In fact, affected by the policy, China has become the world's largest market for new energy vehicles. Both Samsung and LG are actively expanding their presence in China.
Not long ago, the "Automobile Power Battery Industry Specification Conditions" announced the fourth batch of enterprise catalogues, including Samsung Electronics and LG Chemical and Panasonic and other foreign manufacturers are not listed. The Ministry of Industry and Information Technology requires that the monitoring of the power battery should pass the "Extension Inspection Requirements for Automotive Power Battery Units and System Manufacturers". Otherwise, new energy vehicles using the battery will not be able to enter the promotion catalogue and will not receive government subsidies for new energy promotion.
Therefore, the industry speculates that Samsung is eager to invest in BYD or related to this policy, and continues to expand the power battery market of China's new energy vehicles by investing in BYD's “curve to save the marketâ€.
Of course, the market in China is definitely affirmative. Isn’t there a sentence now? The Chinese market has got the world, and Toyota of China's popular world, Volkswagen has gotten the Chinese market and can compete with Toyota. And Samsung is sure to know this truth...
First, we are optimistic about the future new energy market. In fact, BYD is a very global company in the field of rechargeable batteries and new energy. No one company can match the mastery of rechargeable battery technology. Optimistic about the future new energy market, betting on BYD is undoubtedly the best choice. At this level, BYD is a world-class enterprise. BYD's batteries are used in various fields.
Second, due to the global environmental pollution and energy shortage, the development of new energy vehicles is bound to take the road. So far, pure electric vehicles are the new energy vehicles that are most likely to replace fuel vehicles. Europe, the United States and the United States have announced that the sale of internal combustion engine vehicles will be completely banned by 2050. In addition to battery, BYD is also climbing up, and the introduction of pure electric buses has been favored by developed countries, and has been purchased in large quantities in the United Kingdom and Japan. Domestically, it is strongly supported, and bus taxis have successively replaced BYD pure electric vehicles in large quantities. Obviously, Samsung is optimistic about the development trend of the world's new energy vehicles, optimistic about China's national policy for the development of pure electric vehicles, and BYD is still a world-class enterprise to grasp the future market. Many of the world's bullish car brands have been or are ready to cooperate with BYD. The optimistic is BYD's rechargeable battery technology, and many car factories purchase BYD batteries.
Third, since China's reform and opening up, the economy has developed rapidly. The annual GDP growth has made the eyes of developed countries red-eye, coupled with China's huge population base, which has brought unlimited market potential, and Chinese people have special consumption habits and consumption for automobiles. awareness. Obviously, after more than 10 years of development, BYD Auto has established a certain market reputation and reputation. It is also making rapid progress in the field of automobile manufacturing. Even people say that pure electric vehicles are BYD. It is the only new one in the world that can fight against Tesla. Energy car brand. Samsung is still very familiar with the Chinese market.
Fourth, Samsung Electronics is also a very powerful enterprise in the world, and the future development direction of the car is unmanned, man-machine system, Internet of Things, and these rely on electronic devices as terminals to link networks and cars, Internet of Things. It must be a trend. Samsung may not only buy stocks, it is likely to have in-depth cooperation.
The fifth and most direct is to be optimistic about BYD's stock. Now that the stock market of the auto sector has been performing well, the new energy auto concept stocks sector is also very powerful, just as BYD has occupied both, so that Samsung, of course, will be optimistic, both now and in the future.
Sixth, optimistic about China's stock market, the private capital of the transformation of the stock market in the past two years is very large, not to mention, you know, there is indeed a very big temptation.
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