On July 27, Changxin Technology Group Co., Ltd., the leading domestic storage company, was officially listed on the SSE STAR Market, with its market value exceeding 3.28 trillion yuan and becoming the top A-share market value. Ningbo Shangrong, a wholly-owned subsidiary
of Shangfeng Materials, as a limited partner, invested 200 million yuan to hold 20% of the investment share of Shanghai Junzhipu Fund, and Shanghai Junzhipu Fund held 450,657,100 shares of Changxin Technology; In addition, Shangfeng Building Materials, a wholly-owned subsidiary, holds 1.33% of the investment share of China Building Materials Fund as a limited partner, and China Building Materials Fund holds 76.6286 million shares of Changxin Science and Technology, that is, the company indirectly holds 91.1531 million shares of Changxin Science and Technology at an initial investment cost of 202.66 million yuan. By the end of the day, the corresponding market value was about 4.4665 billion yuan.
At the same time, Shangfeng Material also invested 50 million yuan in Hefei Xinfeng Technology Co., Ltd., which provides sealing and testing business for Changxin Technology through a special fund. Xinfeng Technology was set up by Huaxin Lihua, a listed company in Taiwan, focusing on DRAM packaging and testing business. Changxin Technology accounts for more than 99% of Xinfeng Technology's revenue. Since
2020, under the strategic guidance of "exploring the way" to cultivate the new quality business of the second growth curve with equity investment, Shangfeng Material has focused on the semiconductor industry chain to carry out systematic equity investment layout. The system with a total investment of over 2 billion yuan covers the core links of chip design, wafer foundry, advanced packaging, materials and equipment.
At present, the company's equity investment enterprises are gradually entering the capital market, including Jinghe Integration, Xi'an Yicai, Onruiwei, Shenghe Jingwei and other investment projects have been listed successively; Yuexin Semiconductor has passed the review of Shanghai Municipal Committee Meeting, Shanghai Super Silicon Semiconductor and Jiangsu Xinhua Semiconductor are in the process of listing review, and Xinyaohui, Quanxin Intelligent Manufacturing and Guangzhou Xinrui Photomask have successively started listing guidance.
On July 13, Shangfeng Material issued a semi-annual performance forecast for 2026, predicting that the net profit attributable to shareholders of listed companies in the first half of the year will be 1.3 billion yuan to 1.4 billion yuan, an increase of 426.59% to 467.10% over the same period of last year. Among them, the net profit increased by about 1.150 billion yuan due to the recognition of fair value change income of Shenghe Jingwei and other equity investment targets; and the listing of Changxin Technology is expected to bring more generous fair value change income to the company. The company's equity investment has achieved positive profit returns for five consecutive years, with a cumulative profit of 530 million yuan by 2025.
At present, the company's semiconductor packaging substrate business through mergers and acquisitions is steadily accelerating, and the layout of the semiconductor industry chain equity investment system has laid a rich industrial chain resource foundation for the new quality business while achieving good financial returns.
浙公网安备33010802003254号