How popular is the photovoltaic silicon faucet 9 billion? Goldman Sachs and other foreign investors are on the list, public and private equity, securities firms and risky capital are also present, but Jinglin and other companies have not been allocated.

November 2, A-share fixed increase market reappear luxury lineup, photovoltaic silicon material leader Central shares issued a scale of up to 9 billion yuan fixed increase result announcement.

The company's products are widely used in intelligent Electroweb transmission, new energy vehicles, high-speed rail, wind power inverters, integrated circuits, consumer electronics, aerospace, photovoltaic and other fields.

The final recipients of this increase include well-known public offerings such as Huaxia Fund and Caitong Fund, head brokerages such as CITIC Securities and Guotai Junan, and well-known risk assets such as everyone Capital Management, China Life Asset Management, Xinhua Capital Management, and heavyweight foreign investments such as Goldman Sachs, UBS, CITIC Lyon, Barclays and so on.

The presence of many heavyweight institutions in Central is bound to increase.

November 2, Central shares issued a fixed increase results announcement, the issue price of 45.27 yuan per share, the actual number of 198807157 shares, a total of 23 non-public offerings.

According to the newly announced allocation results, public offering, securities firms, risk capital and foreign capital are the main institutions participating in this increase.

The final allocation of a total of two public funds, Huaxia Fund allocated 520 million yuan, Caitong Fund allocated 270 million yuan.

The domestic securities firms allocated are Guotai Junan, Galaxy Securities and CITIC Securities, of which Guotai Junan, Galaxy Securities and CITIC Securities are allocated 780 million yuan, 320 million yuan and 260 million yuan respectively.

A number of products under risk management were allocated in this increase, two products under management were allocated 940 million yuan and 260 million yuan respectively, and three products under China Life Management were allocated 600 million yuan, 500 million yuan and 270 million yuan respectively. New China Life's two products were allocated 260 million yuan and 190 million yuan respectively.

The increase also attracted the participation of many foreign institutions, with Citic Lyon's client capital allocated 400 million yuan, UBS 340 million yuan, Goldman Sachs 270 million yuan, Barclays 270 million yuan and WT assets 260 million yuan.

In addition, several private equity names appear on the allocation list, including Zhichun Investment, Zhengyuan Investment, London and assets. The Beijing-Tianjin-Hebei Industrial Cooperative Development Investment Fund, the national industrial fund, was also on the list, with an allocation of 500 million yuan. Another primary market fund, Jiangshan Investment, was allocated 300 million yuan, and retail investor Huang Xiaoming was allocated 260 million yuan.

It is worth noting that there are also some familiar names of investors among the institutions that participated in this application but were not allocated, including Jinglin, Yifangda, Nanfang and other head public offerings and private offerings.

All the funds raised by the fixed increase will be used for monocrystalline silicon projects.

According to the relevant announcement of Central shares, all the funds raised from this non-public offering will be used for the 50GW (G12) solar-grade monocrystalline silicon smart factory project after deducting the issuance costs. The main body of the project is Ningxia Central, and the company will use the intelligent factory building and related facilities of Yinchuan Central Engineering Management Co., Ltd to complete the installation of process equipment and secondary piping and wiring.

The company announced that the single crystal silicon wafer has better performance, higher power generation under the same conditions, less power attenuation during long-term use, and stronger weak light response. However, in the past for a long time, due to the relatively high production cost of monocrystalline silicon and other factors, polysilicon occupied the main market share.

In recent years, the comprehensive cost of single crystal wafers has continued to reduce, and the product pattern of solar wafers has changed. This smart factory project will help consolidate the company's product technology advantage in G12 solar wafers.

In a recent research report, Anxin Securities said that Central shares had a high performance in the third quarter, with the market penetration of G12 silicon wafers rising to 20 per cent from 6 per cent at the beginning of the year, and the total single crystal production capacity increased to 73.5GW (of which G12 capacity accounted for about 59 per cent). The solar level monocrystalline silicon investment project-50GW (G12) Ningxia Central Phase 6 project is progressing smoothly and is expected to start production by the end of 2021 and reach full production by 2023.

Founder Securities pointed out in the research report that as a leading semiconductor material enterprise in China, Central has built four major areas: semiconductor plate, new energy material plate, new energy component plate and new material plate. On the one hand, the company is actively promoting G12 photovoltaic silicon wafers, continue to increase revenue, do large-scale, to achieve stable cash flow. On the other hand, the company continues to develop semiconductor silicon wafers and monocrystalline silicon materials through the cash flow generated by revenue from photovoltaic materials and components.

Central shares have risen for several consecutive quarters since the first quarter of 2020, according to public data. As far as the participation of this increase is concerned, many types of institutions, such as securities firms, funds, risk capital, foreign capital and so on, are very interested in Central shares, which are in the key link of the photovoltaic industry and have a leading edge in technology.