With the continuous disclosure of the semi annual report, the latest position trend of private placement leaders began to surface. On the evening of July 29, new energy vehicle parts enterprise Xusheng Co., Ltd. and aerospace military industry concept western superconductor both disclosed their semi annual reports, which were increased by Deng Xiaofeng and Feng Liu, respectively.
Specifically, Deng Xiaofeng’s four funds hold about 491 million yuan of Xusheng shares, and the top ten occupy four seats; Feng Liu entered the Western superconductor, holding a stock market value of nearly 1 billion at the end of the period. Let’s analyze the investment ideas of the two private placement leaders.
Deng Xiaofeng four funds jointly increased their holdings of Xusheng shares
Auto parts enterprise Xusheng Co., Ltd. released the 2021 semi annual report on July 29. The announcement shows that the four funds managed by Deng Xiaofeng, chief investment officer of Gaoyi assets, together dominate the list of the top ten circulating shareholders of the screen, ranking sixth, eighth, ninth and tenth.
Among them, Gaoyi Xiaofeng No. 2 letter fund, Gaoyi Xiaofeng No. 1 Ruiyuan securities investment fund are holdings, and foreign trade trust Gaoyi Xiaofeng Hongyuan collective trust are new developments. The four funds held a total of 14.5357 million shares, with a total stock market value of about 491 million yuan at the end of the second quarter.
In fact, Deng Xiaofeng newly entered Xusheng shares in the first quarter of this year. At that time, his three funds held a total of 9.4149 million shares, with a market value of 293 million yuan at the end of the period. In the second quarter, Deng Xiaofeng greatly increased his holdings of more than 5 million Xusheng shares, which shows that he is optimistic about the stock.
Previously, the heavy position shares exposed by Deng Xiaofeng in the second quarter of this year were western mining. On the evening of July 16, western mining took the lead in disclosing the 2021 semi annual report. As of the end of the second quarter, Gao yixiaofeng No. 2 letter fund increased its holdings of 5055200 shares, with the number of holdings reaching 42726400 shares. The market value of its holdings at the end of the period was 510 million yuan, ranking the second largest circulating shareholder. At the same time, foreign trade trust – Gao Yi Xiaofeng Hongyuan collective fund trust plan entered the top ten, holding 37.8497 million shares, with a market value of 452 million yuan at the end of the period, ranking the fourth largest circulating shareholder.
The two funds hold a total of 80.5761 million shares of western mining, with a market value of 962 million yuan; More than doubled from 37.6712 million shares at the end of the first quarter. It can be seen that Deng Xiaofeng increased his position against the market in the sharp adjustment of the stock in the second quarter.
Xusheng’s net profit in the first half of the year increased by nearly 50% year-on-year
The proposed issuance of convertible bonds shall not exceed 1.35 billion yuan
Let’s take a look at the semi annual report performance of Xusheng shares. In the first half of this year, the operating revenue was 1.211 billion yuan, a year-on-year increase of 82.35%; The net profit attributable to the shareholders of the listed company was 211 million yuan, a year-on-year increase of 49.84%; The net profit attributable to shareholders of listed companies after deducting non recurring profits and losses was 198 million yuan, a year-on-year increase of 48.76%; The basic earnings per share is 0.47 yuan.
According to Xusheng Co., Ltd., from January to June 2021, in the face of adverse factors such as the shortage of chips in the industry and the rise of raw material prices, China’s automobile production and sales exceeded 12 million, with a year-on-year growth rate of more than 20%, and generally maintained a rapid growth momentum.
As for the reasons for performance growth, the company said that Xusheng shares benefited from the continuous large volume of orders from Tesla, ZF, Great Wall Motors, Ningde times and other customers, and the company achieved a year-on-year increase of 82.35%; The operating profit was 249 million yuan, a year-on-year increase of 50.02%; The net profit increased by 49.84% year-on-year. Among them, the sales revenue to Tesla was 489 million yuan, a year-on-year increase of 50.2%, and the revenue accounted for 40.37%; Great Wall Motor achieved 57.3034 million yuan, a year-on-year increase of 242.18%, and the proportion of revenue increased to 4.73%. In the future, with the mass production of new products by multiple customers and the climbing of the company’s production capacity, the company’s revenue scale will further grow.
It is worth noting that on the evening of July 29, Xusheng also announced that the total amount of convertible bonds to be issued this time will not exceed RMB 1.35 billion, which will be used for high-performance aluminum alloy auto parts projects and automobile lightweight aluminum profile precision processing projects after deducting the issuance expenses.
The company said that the investment project with raised funds has broad development space and good economic benefits. With the completion and implementation of the fund-raising investment project, the business scale of the company in the field of automobile lightweight will be further improved, the layout in the field of new energy vehicles will be deepened, the market competitiveness will be further strengthened, and the position of leading industry will be further consolidated.
According to the data, Xusheng Co., Ltd. is a leading enterprise in the field of automotive lightweight aluminum alloy parts, mainly engaged in the R & D, production and sales of precision aluminum alloy auto parts and industrial aluminum alloy parts of hot forming, die casting and forging. The products are mainly used in new energy, traditional automobile industry and other machinery manufacturing industries. The leading products are precision machined parts of new energy and traditional automobile transmission system, transmission system, battery system and other core systems.
From the perspective of the share price of Xusheng shares in the past year, it has fluctuated all the way from 50 yuan / share in early August last year. It once fell to the stage low of 28.34 yuan / share on May 14 this year, and then rebounded. However, the recent share price fluctuation is still great. As of the closing on July 29, Xusheng shares reported 33.08 yuan / share, with a total market value of 14.8 billion yuan. The share price of the stock has fallen by 18.79% in the past year. Therefore, Deng Xiaofeng should also increase his position in the process of the decline of the stock.