Latest news: The control of Changdi Technology, a leading company in China's semiconductor industry, has changed hands. International giant China Resources Group will become its new main controller. It is reported that China Resources will invest tens of billions of yuan in Changdi Technology, aiming to enhance the overall strength of the semiconductor industry. So, what changes will happen to Changdi Technology after China Resources enters the field? What does this mean for the development of China's semiconductor industry?
A 50 billion yuan market value leader welcomes a new owner
Changdi Technology, the world's third and China's first chip packaging and testing industry giant, has recently announced that the company's control rights are about to change. After many days of anxious waiting, the mysterious buyer has finally emerged.
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According to the recent announcement issued by Changdi Technology, it turns out that Panshi Hong Kong plans to acquire 22.54% of their company's stocks at a price of more than 11.6 billion yuan, and the actual controller behind Hong Kong Panshi is China Resources.
After this deal is completed, the actual controller of the company will become a heavyweight enterprise like China Resources. There is also an episode in this transaction, that is, the stocks of the major fund and the equity of Xin Dian Semiconductor will also change.
In the past, the major fund was the largest shareholder of Changdi Technology, but now its share will be reduced to only 3.5%, and the original second-ranked Xin Dian Semiconductor will no longer have any shares of the listed company.
Starting these two days, Changdi Technology's stocks can be traded again. The change in control rights is seen by everyone as a major move by China Resources in the semiconductor industry.
They spent 11.6 billion yuan to buy the control rights of this company at a high price, obviously in order to vigorously promote the rapid development of the semiconductor industry.Before that, to be honest, Changdian Technology did not have a true master. The Big Fund and Xin Dian Semiconductor each held 13.24% and 12.79% of the company's total share capital, respectively.
However, once the "Share Transfer Agreement" is signed and the equity exchange is completed, Panshi Hong Kong, which means China Resources behind them, will be able to own approximately 22.54% of the company's shares. In this way, they will become the largest shareholder of the company.
Moreover, behind Panshi Hong Kong is the China Resources Group, which is the actual manipulator of all this. This naturally means that China Resources is about to become the actual controller of Changdian Technology.
This change of control is a big event for Changdian Technology and our country's semiconductor industry. As the number one chip packaging and testing company in the country, the influence of Changdian Technology in the semiconductor industry is self-evident.
With the strong backing of China Resources, Changdian Technology is likely to receive more funding and support, thereby promoting the company to achieve more brilliant results in the semiconductor field.
Overall, the change of control of Changdian Technology can be said to be a symbol of China Resources' further expansion of influence in the semiconductor industry.
We sincerely hope that this reform can bring new opportunities to Changdian Technology and contribute to the continuous and healthy development of China's semiconductor industry.
What does Changdian Technology do?
So, after talking about Changdian Technology for so long, they are the third in the world and the first in the country, what exactly do they do?According to the information I have found, Jiangsu Changjiang Electronics Technology Co., Ltd. (JCET) is a major player in the industry specializing in semiconductor microsystem integration and packaging testing. They offer a one-stop service for microsystem integration, covering everything you need. What exactly do they provide?
They offer a comprehensive range of services including, but not limited to, integrated circuit system packaging design, technology development, product certification, and the entire process from wafer mid-test, wafer-level mid-process packaging testing, to system-level packaging testing, even extending to finished chip testing.
Moreover, they provide direct logistics and transportation services to semiconductor suppliers around the world, ensuring their products are sold without any hindrance.
In terms of technical strength, JCET has its own unique set of capabilities. With high integration wafer-level WLP, 2.5D/3D, and system-in-package (SiP) packaging technologies, coupled with excellent flip chip and wire bonding packaging technologies, their products and technologies have swept across various mainstream integrated circuit system applications. Fields such as network communication, mobile terminals, high-performance computing, automotive electronics, big data storage, artificial intelligence and the Internet of Things, industrial smart manufacturing, and more are all within their reach.
JCET actually has numerous R&D centers and production bases globally. For instance, in China, there are two R&D centers, and there is one in South Korea.
Additionally, they have established integrated circuit finished product production lines in China, South Korea, and Singapore. Their sales offices are spread worldwide, maintaining close technical cooperation with global customers while also providing efficient industrial chain support.
As a renowned discrete device manufacturer and integrated circuit packaging production base in China, JCET is not only listed among the top 100 electronics enterprises in China but is also a national key high-tech enterprise. It consistently ranks at the forefront in the industry of China's independent innovation capabilities.
Speaking of which, since their establishment in 1972, over 40 years have passed, and they have now become a globally recognized leader in integrated circuit packaging and testing.
In 2003, JCET successfully went public on the main board of the Shanghai Stock Exchange, significantly enhancing its brand influence and market competitiveness.
Due to its many years of deep cultivation in the semiconductor field, when the United States began to impose restrictions and blockades on China's semiconductor industry, JCET also attracted the attention of the nation.Their remarkable strength has also led them to be recognized as a National High-tech Enterprise, one of China's top 100 electronic companies, the chairman unit of the Strategic Alliance for Innovation in Integrated Circuit Packaging Technology, and a demonstration enterprise for export product quality in China, among others.
Moreover, they possess national-level facilities such as the National Engineering Laboratory for High-Density Integrated Circuits, the National Enterprise Technology Center, and post-doctoral research workstations, all of which provide strong support for their technological innovation and talent cultivation.
What impact does this have on China's semiconductor industry?
Speaking of the entry of China Resources Group, a major state-owned enterprise, this will be another significant change for Jiangsu Changjiang Electronics Technology Co., Ltd. (JCET) and the entire Chinese semiconductor industry.
The capital, technology, and market resources held by China Resources Group are indeed dazzling, and with so many advantages, JCET will surely seize opportunities to achieve breakthroughs in various aspects, enhancing its market position and competitiveness.
For JCET, the support from China Resources Group is not just about money and resources; more importantly, it introduces advanced management concepts and rich practical experience.
China Resources Group has imparted its successful experiences in many fields to JCET, helping them to improve management methods and increase operational efficiency. This way, JCET will be able to stand tall in future competitive environments and have sufficient strength to cope with various market changes.
Furthermore, the entry of China Resources Group is also greatly beneficial to the promotion of the entire country's semiconductor industry.
The semiconductor industry is regarded as a strategic emerging industry for the nation, playing a crucial role in the development of the national economy and national defense security.The entry of China Resources Group will bring more resources to the semiconductor industry, vigorously promoting technological innovation and industrial upgrading.
Moreover, other enterprises will be inspired by China Resources' actions, and the vitality and spirit of innovation of the entire industry will be stimulated.
In the context of the era of globalization, the influence of China Resources Group in the world will help Jiangsu Changjiang Electronics Technology Co., Ltd. (JCET) better integrate into the global semiconductor industry chain, thereby enhancing their competitiveness in the international market.
This is of great symbolic significance for accelerating the internationalization of China's semiconductor industry and improving our say on the international stage.
In summary, the entry of China Resources Group has given JCET a new opportunity for development, and it is also conducive to promoting China's semiconductor industry to a higher level.
We have reason to firmly believe that with the strong support of China Resources Group, our country's semiconductor industry will definitely usher in a more brilliant tomorrow.