As the 5G replacement wave is approaching, the mobile phone industry chain companies are busy and have raised funds to expand production. According to incomplete statistics, since this year, 9 mobile phone industry chain companies including Sobeth, Sanhuan Group, Xinwei Communication, Changying Precision, and Guanghong Technology have issued fixed increase plans or revised fixed increase plans, and the total raised funds are expected to exceed 188. 100 million yuan. Among them, 5G related projects are one of the investment directions of fundraising.
Industry insiders believe that companies in the industry chain stepping up production capacity preparations will help seize the many opportunities brought by the rapid development of the 5G industry.
Nine companies plan to raise more than 18.8 billion yuan
Looking at the scale of funds raised by related listed companies, Tongfu Microelectronics, Xinwei Communications, Changying Precision, Guanghong Technology, Sanhuan Group, Zhongke Chuangda, Anjie Technology, Shuobeide, and Saiteng have 9 companies. The total amount of funds raised will not exceed 4 billion yuan, 3 billion yuan, 2.9 billion yuan, 2.367 billion yuan, 2.175 billion yuan, 1.701 billion yuan, 1.5 billion yuan, 680 million yuan, and 550 million yuan respectively, and the total raised funds will reach 18.873 billion yuan. yuan.
On March 1, Xinwei Communications disclosed the plan for the non-public offering of shares, and the total amount of funds the company intends to raise will not exceed 3 billion yuan. The funds invested in the project include RF front-end device projects, 5G antenna and antenna component projects, and wireless charging module projects.
Changying Precision intends to raise no more than 2.9 billion yuan in this non-public offering of shares for Shanghai Lingang New Energy Vehicle Components (Phase I) project, 5G intelligent terminal module project and supplementary working capital. Among them, the 5G smart terminal module expansion project is expected to have a total investment of 1.985 billion yuan, and it is planned to use a total raised fund of 1.4 billion yuan for the construction of intelligent hardware structural module and 5G electrical connection module projects.
The total amount of funds raised by Guanghong Technology in this non-public offering does not exceed 2.367 billion yuan, which is used for the third phase of Guanghong Technology's intelligent production construction project, cloud computing and industrial Internet platform construction projects, and supplementary working capital. Among them, the third phase of Guanghong Technology's intelligent production construction project is planned to invest 1.983 billion yuan. After the project reaches full capacity, it will achieve an annual output of 42 million 5G smartphones, 3 million enterprise routers and 2 million switches.
The total amount of funds raised by this non-public offering of the Sanhuan Group is not more than 2.175 billion yuan. It is intended to be used for 5G communication high-quality multilayer chip ceramic capacitor expansion technology reform projects and semiconductor chip packaging ceramic chopper industrialization projects. The funds raised were 1.895 billion yuan and 280 million yuan respectively.
The total amount of funds raised by Anjie Technology in this non-public offering is expected to not exceed 1.5 billion yuan. After deducting the issuance costs, it will be used for smart terminal component expansion projects, new energy vehicles and information storage equipment component expansion projects, and headquarters R & D center construction. Projects and supplementary liquidity.
Layout of production capacity to welcome the 5G replacement wave
5G related product projects are one of the investment directions raised by the above-mentioned companies. A senior buyer researcher in the field of consumer electronics told reporters that from 3G to 4G to 5G, when the new technology comes, the consumer electronics boom will increase the production of related companies, and the expansion of production requires funds, so choose to raise funds at this time. Information.
A senior executive of a listed company in the mobile phone industry chain told reporters, "4G to 5G technology is iterative, and the capacity of the entire mobile phone industry chain has expanded rigidly. The number of 5G mobile phones, especially RF demand, has increased significantly, and related device manufacturers have more opportunities."
Talking about the reasons for this fixed increase, Yang Minghui, director of investor relations at Xinwei Communications, said in a conference call in early March that this is to provide more sufficient development momentum for the company's continued growth in the next few years.
Changying Precision's customers include major North American customers as well as Samsung, Huawei, OPPO, vivo, Xiaomi and other brands. Changying Precision said that through this investment in the 5G smart terminal module project, it can meet the increasing demand of the market and customers for smart terminals in the 5G era.
Guanghong Technology said that the commissioning of the third phase of Guanghong Technology's intelligent production construction project will help the company to seize the opportunity in the 5G era and seize many development opportunities such as 5G mobile phones and network communication equipment brought by the rapid development of the 5G industry, thereby further forming Barriers to competition enhance the company's industry competitiveness.
Sobead said that after the implementation of the 5G base station and terminal antenna expansion construction project, the company's 5G antenna production capacity will be greatly expanded, and the unit production cost will be reduced, which will increase the company's 5G antenna business profitability and shorten the payback period of the previous R & D investment. , Conducive to the sustainable development of the company.
The reporter learned from a number of companies who disclosed their plans to increase their investment. Many companies have raised funds to invest in 5G and other fields, which has a certain relationship with the 5G replacement wave.
CICC predicts that in 2020, global 5G mobile phone sales will reach 250 million units, and the global 5G mobile phone penetration rate will reach 16%; China is the world's largest 5G mobile phone market, and annual sales are expected to reach 152 million units with a penetration rate of 37%. However, the overall sales of 5G mobile phones have been affected by the epidemic. On February 25, CICC lowered its forecasted shipments. It is expected that China's annual sales of 5G mobile phones will reach 130 million units in 2020. "Affected by the epidemic, the arrival of replacement phones is slower, but the development trend cannot be stopped." A middle-level manager of a mobile phone industry chain company told reporters.
