Under the "Semiconductor craze", BYD plans to split BYD Semiconductor to be listed on the Shenzhen Stock Exchange and accepted.

SMM June 30: today, BYD announced that it intends to spin off its subsidiary BYD Semiconductor Co., Ltd. to be listed on the gem of the Shenzhen Stock Exchange.

It is reported that BYD Semiconductor previously submitted the application materials for this spin-off to the Shenzhen Stock Exchange. and on June 29, the Shenzhen Stock Exchange issued a "notice on accepting the application documents for the initial public offering of shares of BYD Semiconductor Co., Ltd. and listing on the growth Enterprise Market". After checking the information, the Shenzhen Stock Exchange thought that the information submitted was ready and decided to accept its listing application.

As we all know, with the growing shortage of chips, the semiconductor industry is definitely the most jealous giant cake for countless enterprises today. And BYD is definitely a very special one of them. In the automobile industry, BYD, which has an automobile business, is still able to "help" other car companies while it is self-sufficient because of its complete chip production line in the period of the most serious chip shortage.

In the semiconductor industry, BYD has the same scenery for a time with its own powerful semiconductor business. In the context of the growing popularity of chips, the spin-off of the semiconductor business to "set up its own door" is also a wise decision made by BYD after weighing the pros and cons.

A few days ago, Bohai Securities for BYD's profit forecast, for the first time to cover the "overweight" rating. By analyzing many factors such as BYD's plug-in hybrid technology, the layout of the middle and low-end consumer market in the pure electric field, and the unsheath of blade batteries, Bohai Securities believes that the company's performance is expected to continue to grow. BYD's business income in 2021-2023 is expected to be 1900.72-pound 2356.57-280795 million yuan, with year-on-year growth rates of 21.38%, 23.98%, 19.15%, respectively, and the year-on-year growth rate is 21.38%, 23.98%, 19.15%, respectively. The net profit returned to the mother was 47.10 shock 67.90 / 8.621 billion yuan, with a year-on-year growth rate of 11.25%, 44.15% and 26.97%, respectively.

As for the semiconductor industry, Bank of China Securities previously pointed out that the domestic closed test production line is prosperous and is expected to undertake the transfer of overseas orders from related parties. At present, it is at the highest point in the history of the semiconductor industry, which is a structural boom driven by fundamentals, which will be slightly longer than the previous cyclical fluctuations. The overall growth fluctuation of the semiconductor industry will slow down slightly, but it will still fluctuate more than the overall economy, and it is also optimistic about the long cycle in the later stage.