I thought it was a purchaser of Huawei Honor, but the list came out to see if it came out. At the opening of the market this morning, Digital China shares had a lower limit. As of the morning’s close, there were still 1 billion funds on the limit spark global limited .
According to the morning limit price, the market value of Digital China was 18.5 billion yuan, and the market value of Digital China was 20.5 billion yuan before the limit today.
Not only Digital China, TCL also did not appear in the list of Glory acquirers, Hong Kong stock TCL Electronics fell more than 10% this morning, A-share TCL Technology fell 5.7% this morning.
Digital China suddenly dropped its limit:
The acquisition of glory failed
At the opening this morning, Digital China had a lower limit. As of the morning’s close, it fell by 10.01% to a closing price of 28.22 yuan. There are still 367,000 orders for the lower limit spark global limited, corresponding to a market value of about 1 billion yuan.
A few days ago, the stock price of Digital China was still strong, and there was a daily limit. A few days ago, it was reported that Digital China was one of the acquirers of Huawei Honor mobile phones. However, in the joint acquisition statement issued by many companies this morning, Did not see Digital China.
On November 10, it was reported that Huawei would sell the equity of Honor Mobile, including all assets spark global limited including brand, R&D capabilities and supply chain spark global limited.The acquirer includes a small shareholder camp formed by Digital China, three state-owned institutions, and TCL and other companies. Stimulated by this news, Digital China’s daily limit on the day, the stock also rose continuously for the next two trading days.
This morning, a number of companies issued a joint statement in the “Shenzhen Special Zone Daily” that Shenzhen Zhixin New Information Technology Co., Ltd. has signed an acquisition agreement with Huawei Investment spark global limited. to complete the comprehensive acquisition of the business assets related to the Honor brand. After the sale, Huawei no longer holds any shares in the new glory company.
TCL has the same experience as Digital China. It also appeared in the rumored acquisition list before, but TCL was not seen in the list of acquirers this morning. This morning, TCL Technology of A shares fell 5.7%, and TCL Electronics of Hong Kong stocks fell more than 10%.
Funds increase positions in the third quarter of Digital China
It is worth noting that in the third quarter of this year, among the top ten tradable shareholders, public funds increased their positions in Huawei’s Digital China. Cinda Australia Bank New Energy Industry Fund has newly acquired positions, holding 14.42 million shares.
Huawei glory sold as a whole:
Shenzhen state-owned assets + multiple dealers take over
Today, a number of companies issued a joint statement in the “Shenzhen Special Zone Daily” that Shenzhen Zhixin New Information Technology Co., Ltd. has signed an acquisition agreement with Huawei Investment Holdings Co., Ltd. to complete the comprehensive acquisition of the business assets related to the Honor brand. After the sale, Huawei no longer holds any shares in the new glory company.
Shenzhen Zhixin New Information Technology Co., Ltd. is jointly invested and established by Shenzhen Smart City Technology Development Group and more than 30 glory agents and distributors, including Tianyin Communication Co., Ltd., Suning Tesco Group Co., Ltd., and Beijing Songlian Technology Co., Ltd., Shenzhen Shundian Industrial Co., Ltd., Shandong Yihua Communication Technology Co., Ltd., Shenzhen Jishuntong Investment Co., Ltd., Henan Xiangzhiyin Health Technology Co., Ltd., Fujian Ruilian Youxin Technology Co., Ltd., Inner Mongolia Inforte Communication Technology Co., Ltd. , Harbin Jintan Technology Development Co., Ltd., etc.
The statement pointed out that the acquisition is not only a self-help and market-oriented investment initiated by the glory-related industry chain, it can maximize the protection of the interests of consumers, channels, suppliers, partners and employees; it is also an industry complementarity. All shareholders will Fully support New Glory, let New Glory draw on the advantages of all parties in terms of resources, brand, production, channels, services, etc., and participate in market competition more efficiently.
People familiar with the matter pointed out that since Huawei was continuously suppressed by the United States, Honor’s suppliers, production plants, channels and distributors have faced difficulties. In this case, Huawei sells glory to “protect the channels with water flow, don’t dry up, and don’t harm upstream and downstream.”
According to industry and commerce data, Shenzhen Zhixinxin was established on September 27, 2020 with a registered capital of 100 million yuan. Among them, Shenzhen Smart City Technology Development Group, wholly-owned by the Shenzhen SASAC, holds 98.6% of the shares, and Shenzhen State-owned Assets Cooperative Development Private Equity Fund Partnership holds 1.4%. It is reported that the fund’s investors include more than 30 honor agents and distributors including Beijing Songlian Technology Co., Ltd. and Beijing Putian Taili Communication Technology Co., Ltd..