Powerchip Investment Holdings gathered 2.6 billion buying orders! Etron and Jinghaoke each spent 300 million yuan

The unlisted equity transaction of Powerchip Investment Holdings (5346) has added buying orders! After Powerchip Investment Holdings launched a 1 billion yuan treasury stock buyback plan and Shanyi Investment announced a public equity purchase of 1 billion yuan, Etron (5351) and Jinghaoke (3006) also joined in, each planning to invest 300 million yuan to purchase Powerchip Investment Holdings shares. The total amount of the four-party share purchase plan reached 2.6 billion yuan, injecting capital into the unlisted stock market of Powerchip Investment Holdings.

Powerchip Investment Holdings stated that the public acquisition plan for treasury shares totaling 1 billion yuan has entered the final accounting stage, and it is expected that the purchase price will be remitted to the accounts of qualified trading shareholders on the 20th at 42 yuan per share. On the other hand, Shanyi Investment plans a public purchase plan with a total amount of 1 billion yuan and a price of 40 to 45 yuan per share. It has also received response from shareholders. It is expected to end on the 16th. Shareholders who intend to sell their shares can register their intention to sell shares before the deadline. Shanyi Investment expects to remit the shares to the accounts of qualified trading shareholders on December 4.

In addition to the public purchase methods of Powerchip Investment Holdings and Shanyi Investment, Etron and Jinghaoke have also announced that they will invest funds to purchase the equity of Powerchip Investment Holdings. It is understood that Jingzhan Investment Company, a subsidiary of Etron and Jinghaoke, each plans to invest 300 million yuan, and will give priority to specific shareholders who intend to sell their shares, and the remaining amount will be purchased through unlisted stock market channels.

Powerchip Investment Holdings stated that if a shareholder has formally submitted a letter of intention to sell, but fails to catch up with the company's treasury shares or Shanyi Investment's public purchase plan, the company will also refer other friendly manufacturers to evaluate the purchase after consulting the relevant shareholders' wishes, allowing shareholders who intend to sell their shares to have the opportunity to conduct transactions by contacting a specific person.

After the death of Huang Chongren, the founder of Powerchip Group, there were rumors in the market that some small shareholders initiated a "group sale", intending to gather more than 20% of the shares to fight for the operating rights of Powerchip Investment Holdings. At the end of October, Powerchip Investment Holdings issued a letter to shareholders, mentioning plans to amend the articles of association, introduce independent directors and audit committees and other corporate governance measures, and comprehensively re-elect directors and supervisors to move towards listing and returning to the capital market. This purchase of equity through treasury shares and friendly companies not only increases the liquidity of unlisted stocks, but also provides shareholders with more channels to liquidate their holdings.