Official divorce
Yuanyuan Communications said that on January 21, it received a notice from Qian Penghe, the controlling shareholder and actual controller of the company, and learned that Mr. Qian Penghe and Ms. MINHONG MAO had handled the formalities for the dissolution of marriage, and the dissolution of marriage agreement made arrangements for the division of shares.
Before this change in equity, Qian Penghe and his concerted action person Ningbo Yuanyuan Investment Partnership (Limited partnership) held a total of 74.79 million shares of Yuanyuan Communications, with a total shareholding ratio of 28.58%. Among them, Qian Penghe holds about 57.53 million shares of Yiyuan Communications, with a shareholding ratio of 21.99%; Ningbo Yiyuan holds about 17.26 million shares of Yiyuan Communications, with a shareholding ratio of 6.60%.
After this equity change, Qian Penghe holds about 44.97 million shares of Yiyuan Communications, with a shareholding ratio of 17.19%; Ningbo Yiyuan holding unchanged; Qian Penghe and Ningbo Yuanyuan hold a total of 62.23 million shares of Yuanyuan Communications, and the total shareholding ratio has dropped to 23.78%.
In other words, Ms. MINHONG MAO will receive 12.56 million shares of Yuanyuan Communications, representing a shareholding of 4.80%. Based on the closing price of Weiyuan Communication as of January 22, 87.8 yuan/share, the market value of this part of the shares obtained by Ms. MINHONG MAO is about 1.1 billion yuan.
"If the two sides have a plan to reduce their holdings in the future, the two sides will determine the amount and disclose it according to their respective shareholding ratios." Remote communication representation.
Soul figure
According to the company's official website, Qian Penghe is currently the chairman and CEO of Shanghai Yiyuan Communication Technology Co., LTD. As one of the early engineers involved in the development of wireless communication modules in China, Qian Penghe has a keen insight into the module industry, and has profound and unique insights into the development and trend of wireless communication technology.
From the beginning of the establishment of Yuanyuan, Qian Penghe set up a development strategy for the company to deepen the Internet of Things industry and global layout. He led Yuanyuan to continuously invest in new technology research and development, making the company a pioneer in 5G, NB-IoT, vehicle front installation, Android smart modules and other fields.
Under his leadership, Yuanyuan successfully expanded into the global market with a broad iot module base and excellent customer support services. In 2019, Yuanyuan Communication has become the world's leading module supplier, and has realized internationalization in all aspects of development strategy, business layout, research and development system, resource allocation, management team, and talent team.
Net profit increased 495.33%
International electronic business noted that since 2024, the stock price of Yuanyuan Communication has risen rapidly, from the lowest 29.78 yuan/share to the highest 90.18 yuan/share, an increase of more than 200%, and the total market value is close to 23 billion yuan, becoming the "dark horse" of the capital market.
It is worth mentioning that on January 22, Yuanyuan Communication released a performance pre-increase announcement, which is expected to achieve operating income of 18.56 billion yuan in 2024, an increase of 33.9%; Net profit attributable to the mother was about 540 million yuan, an estimated increase of about 449 million yuan, an increase of about 495.33%.
For the main reasons for the pre-increase in performance, the announcement shows that the overall demand for the Internet of Things market shows a recovery trend, and the trend of accelerating the integration of edge computing, mixed reality, large models and other technologies with the Internet of Things is becoming more significant. Yuanyuan Communication has always adhered to technological innovation, actively led the development direction of the industry, and achieved good growth in the field of communication module business and intelligent solutions.
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