The object of this issue is Nord Fund Management Co., LTD., Shanghai Linxin Investment Management Co., LTD., Caitong Fund Management Co., LTD., CITIC Securities Co., LTD., Cinda Aoya Fund Management Co., LTD., Xie Kai. Among them, Xie Kai, who is known as the “super cow dispersion”, subscribed for 363,700 shares of the company, and the subscription amount was 20 million yuan.
Minxin Shares said that the above issue objects have no association with the company before and after this issue, and this issue does not constitute an affiliated transaction.
It is reported that MEMS sensors have been widely used in consumer electronics, automotive, industrial, medical, communications and other fields. Minxin shares announced that the raised funds of this issue are mainly invested in automotive and industrial grade sensors and micro-differential pressure sensors, which can be applied to automotive, industrial, electrical, medical and other fields.
The company judges that the diversified application scenarios of MEMS sensors can provide a broad market space for the development of the industry.
Focus on the field of automotive MEMS
It is understood that the construction period of the “annual output of 6 million automotive and industrial sensors production research and development project” is three years, and it is proposed to use 5000.00 yuan of investment, the project is located in Kunshan economic and technological Development Zone, Yangshu Road No. 553 leased plant, the internal rate of return of the project is 17.94%, and the investment recovery period is 6.85 years.
From the company’s specific business landing situation, capital Securities said in the research report that in the automotive field, the company has launched a new differential pressure sensor DPS for measuring the pressure difference at both ends of DPF and EVAP sensor for measuring fuel steam pressure, and has been successfully developed; In the medical field, the company is the head supplier of domestic sphygmomanometer chips, and has developed a smaller size sphygmomanometer chip on the basis of the original chip, and applied it to the disposable sphygmomanometer to further expand the coverage of products.
In January this year, the company also said on the investor interactive platform that with the rise of the domestic new energy automobile industry, there are more and more product opportunities for new energy vehicles, and the company attaches great importance to the product layout in the field of new energy vehicles, whether it is the company’s MEMS acoustic sensor or MEMS pressure sensor and pressure module, are actively layout. The company is also committed to promoting in-depth cooperation with mainstream new energy vehicle manufacturers at home and abroad, seeking new product opportunities, broadening business scope, and striving to become a new business growth point for the company.
For Mincore shares this time will focus on the new energy vehicle downstream market, Jiangxi New Energy Technology Vocational College New energy vehicle technology Research Institute President Zhang Xiang said that the automotive industry is one of the main markets for MEMS pressure sensors, the current global pressure sensor market is mainly occupied by Bosch, Infineon, Sensata, Denso, NXP and other foreign manufacturers. Domestic enterprises have obvious advantages in cost control, timely response to the rapidly growing demand of domestic automobile enterprises and supply chain security, which brings opportunities for domestic enterprises with MEMS chip research and development capabilities.
Some industry analysts further said in an interview with a reporter of the “Science and Technology Board Daily” that the increase of new energy vehicles in China this year has a high probability of slowing down, and the year-on-year growth rate is lower than 2022, which leads to the current market demand for domestic automotive sensors is neutral. The core driver of the company’s increased code of automotive sensors, or the localization of key technology replacement logic, in the trend of anti-globalization, the supply chain risk will exist for a long time, at this time, to minimize the supply chain risk, improve the supply chain resilience. “Based on this logic, it is difficult to bring about a material change in the company’s performance growth in the short term.”