Wanye Enterprise (600641.)SH) announced on the evening of February 5 that in order to practice the development concept of "investor-oriented" listed companies and safeguard the interests of all shareholders, based on the confidence in the company's future development and the recognition of the company's value, combined with the company's development strategy, operating conditions and financial status and other factors, the actual controller of Wanye Enterprise.
1. Chairman Zhu Xudong proposed that the company repurchase part of the company's shares with its own funds through centralized bidding transactions. The total amount of repurchase funds shall not be less than 2500 million yuan and not more than 500 million yuan, the repurchase period from the company's board of directors to review and approve the repurchase plan within 3 months.
At the same time, the company has also issued an action plan of "improving quality and efficiency and emphasizing returns", and will strive to fulfill the responsibilities and obligations of listed companies through good performance, standardized corporate governance and positive investor returns, repay the trust of investors, maintain the company's market image, and jointly promote the smooth operation of the capital market.
As a high-tech listed company with emerging industry genes, in recent years, Wanye Enterprise has successively acquired Kaishitong and Compart Systems through the two-wheel drive of "epitaxial mergers and acquisitions + industrial integration", established Jiaxin Semiconductor, continued to increase the proportion of integrated circuits in the company's overall business, and further promoted the company's development in the field of integrated circuits with the integration of resources and the construction pattern of platform.
According to the company's 2023 annual performance forecast, Wanye's integrated circuit equipment revenue in the fourth quarter is about 24 billion yuan, a year-on-year increase of about 120%. In addition, the company's Kaisteon has made significant progress in technology upgrading, product research and development and market expansion, and signed a contract for more than 12-inch integrated circuit equipment in the fourth quarter of 2023. As an important support for the transformation strategy of Wanye enterprises, Kaishitong has been deeply cultivating the semiconductor equipment industry for many years, with independent and controllable core technology, and its product development has now covered logic, storage, power and other application fields, and its production of low-energy and high-current ion implanters and high-energy ion implanters has achieved industrialization breakthroughs, and the process coverage, yield and capacity replacement rate are all first-class in the industry.
According to incomplete statistics, since the beginning of this year, the chairmen of more than 100 A-share companies have proposed to repurchase shares, mainly based on confidence and value recognition for the company's future sustainable development. The announcement of the "share repurchase proposal" issued by Wanye Enterprise demonstrates its willingness to convey confidence to the market with "real gold", release positive signals, and promote the company's determination to return to the long-term intrinsic value reasonably. Industry insiders said that the chairman's proposal to buy back the company's shares is a clear signal that the company's current value is undervalued, which is conducive to boosting investor confidence and bringing a positive impact to the market.
Wanye Enterprise said that in the future, it will adhere to high-intensity R&D investment, continuously iterate and expand equipment categories, promote strategic cooperation with customers, accelerate product delivery, grasp the first wave of integrated circuit localization, and gradually release business performance, so as to become a new engine to promote the high-quality development of the integrated circuit industry.