futures bosses and "comrades" bet on high-tech enterprises?

Author Yu Wei

Editor Wu Lijuan

SOURCE Mustang Finance

"Super Niu San" Ge Weidong is selling again in A shares.

on December 16, platinum (688333.SH) announced that the fixed increase plan for more than one year would be completed in the near future. The actual net amount of funds raised this time is about 3 billion yuan, and a total of 14 issuers have been allocated. Ge Weidong is one of them and the only individual investor in .

However, investors' response to Ge Weidong's entry was flat. On the first trading day after the announcement, on December 18, Platinum closed at 113.59 yuan per share, with a total market value of 18.202 billion yuan.

Even investors don't have much discussion in the stock bar, and Ge Weidong's entry seems a bit quiet.

0.15 billion shares in Platinum

In August 2022, Platinum announced a plan to issue A shares to a specific target. Until the completion of the issue, most of the allocated targets were fund management companies, etc., with only Ge Weidong being a natural person.

and Ge Weidong was allocated about 0.15 billion yuan this time, ranking 11th compared with other organizations, which is not a small number.

In fact, Ge Weidong has a long history with Platinum.

In the second year of the company's listing, the name of Wang Ping appeared in the 2021 annual report of Platinum. The shareholding of the company's top ten shareholders that year showed that Wang Ping increased his holdings by 1.7834 million shares during the reporting period, with a shareholding ratio of 2.21, and became the company's ninth largest shareholder.

in 2022, Wang ping will continue to increase its holdings by 713400 shares, rising to the 7th largest shareholder. In the first half of 2023, Wang Ping further increased her holdings by 931300 shares, holding a total of 3.428 million shares of the company, with a shareholding ratio of 2.14. became the fifth largest shareholder of platinum.

Wang Ping has a close relationship with Ge Weidong. According to the report of Red Weekly of Securities Market, it is rumored that Wang Ping is probably the wife of Ge Weidong, the "big man of Niu San.

this speculation is not without basis. Wang Ping holds 10.63 per cent and 4.67 per cent of the shares in Chaos Investment and Shanghai Dongjing Metal Co., Ltd., two important companies controlled by Ge Weidong. And in Ge Weidong's many listed companies, Wang Ping's figure also appeared many times.

not long ago, some self-media claimed that "ge weidong's wife is Wang ping, Wang ping's brother is Wang yawei, ge weidong's niece is glen, and his sister is ge guilan". ge weidong transferred this screenshot to the circle of friends and denounced self-media rumors: "what a mess, why are these self-media brains so big! What is the relationship between Glen, Wang Yawei and me..." but did not clarify or explain the rumors with Wang Ping.

Under this profound relationship, Ge Weidong entered Platinum again. What kind of company is Platinum, which is attracted by two investment bosses at the same time?

Platinum into the commercial track?

platinum, identified by ge weidong and "comrade-in-arms" Wang ping, is a national high-tech enterprise specializing in industrial-grade metal additive manufacturing (3D printing) . its business covers the research and development and production of metal 3D printing equipment, and the manufacture of customized products for metal 3D printing.

3D printing technology is an important manufacturing and processing method that has developed rapidly in the past 30 years. It not only changes the manufacturing method of products, but also changes the future production and life mode, and then changes the life of human beings.

the platinum team was born out of northwest polytechnic university, a well-known university in Shaanxi. it began to study metal 3D printing in 1995. in 2014, the company independently developed metal 3D printing equipment, and in 2017, it began to develop metal 3D printing related materials.

Stepping on the tide of the times, Platinum submitted its Prospectus on the Shanghai CRE Board in 2019 and went public that year.

before and after the IPO, platinum's performance has been growing steadily, with revenue reaching 0.918 billion yuan in 2022, up 66.32 percent from a year earlier. However, its net profit is a loss in 2021, which is understood to be due to a $0.173 billion share payment charge. The following year the company turned around again.

Source: wind

Ge Weidong's "comrade-in-arms" Wang Ping entered Platinum in 2021 and became a major shareholder. Then Ge Weidong also participated in the company's private placement in 2022 and successfully entered Platinum this year.

Platinum's growth in the secondary market also nearly stagnated during periods of volatile performance. After the listing, the company's share price growth was more stable and reached a small high of 128.5 yuan per share in August 2021. But with the company losing money in 2021, the share price also fell briefly, and growth slowed in the latter part of the year. As of December 20, platinum was quoted as 109.15 yuan per share, with a total market value of 17.49 billion yuan.

Source: wind

under performance pressure, platinum special started a fixed increase in a shares. according to the fixed increase declaration draft, the total amount of funds raised by the company in this issue of shares to specific targets does not exceed 3.109 billion yuan, of which 2.509 billion yuan is used for the large-scale intelligent production base project for metal additive manufacturing and 0.6 billion yuan is used to supplement working capital.

While financing the expansion of production, Platinum's business products have also shifted from being mainly used in aerospace, medical and other military and high-precision industries to the consumer side of shoe models .

in the third quarter of this year, platinum's net profit increased by 274 year-on-year, and the market development effect was remarkable. Minsheng Securities believes that the company's rapid expansion of the civilian market, short-term profitability fluctuations may be related to the increase in the proportion of civilian revenue with lower gross margins. As a leader in the metal 3D printing industry, it is actively exploring downstream applications. The 3D printing blanks of Magic V2 titanium alloy hinge shaft covers are produced by Platinum. In the future, the company will continue to lead the rapid penetration of 3D printing technology in multiple industries and open up growth space.

Can Platinum, which has entered the commercial circuit, bring surprises to Ge Weidong?

"Super Niu San" Ge Weidong

in addition to platinum, ge weidong also participated in the fixed increase of a shares of sirepu (688536.SH), another listed company on the sco board, this year. as an individual investor, he was allocated 1.926 million shares, totaling 0.288 billion yuan, ranking third among all institutional investors.

sirepu's products are mainly signal chain analog chips , and gradually expand to power management analog chips. its application scope covers many fields such as information communication, industrial control, monitoring and safety, medical and health, instruments and meters, household appliances and so on.

When it comes to Ge Weidong, his legend has been circulating in the private equity arena. He rarely accepted the media interview, but the market always spread Ge Weidong's investment sentiment, which mentioned, "investment for more than ten years, also made a little achievement, ask myself what is the most difficult? One is to know yourself! The other is to achieve the unity of knowledge and action!"

on January 14, 2015, LME copper prices fell wildly, falling more than 8% in intraday trading. Afterwards, the British "Financial Times" stated that Shanghai Chaos Investment Co., Ltd. (hereinafter referred to as "Chaos Investment") at the helm of Ge Weidong was the main driver of the sharp drop in copper prices. At that time, only the copper city veteran heard Ge Weidong famous, known.

Public information shows that Ge Weidong was born in 1969 and graduated from the Department of Economics of Sichuan University in 1991. After graduation, he worked in a state-owned enterprise in his hometown for 7 years and started his investment career in Shanghai.

just started to invest, did the spot business of soybean and oil. in 2000, he worked full-time in futures and had two short positions. in 2004, he rose rapidly and became a fierce generation in the period lake. the Jianghu respected the name "ge boss".

in 2005, ge weidong founded chaos investment, and a private grassroots began to change to an investment tycoon ; In 2006, Ge Weidong founded Sunshine Private Placement. In 2008, when the global financial crisis broke out, Ge Weidong boldly attacked and his assets expanded from tens of millions to billions, laying a key step in turning to market leaders.

However, a fine issued by the US Commodity Futures Trading Commission in 2012 shocked the entire market. It was found that Shunsheng Investment Company, Chaos Investment (British Virgin Islands) and Chaos Investment (Hong Kong) controlled by Ge Weidong held over positions in the US No. 2 cotton futures contract. In the end, Ge Weidong had to return US $1 million in profits and was fined US $500000.

In the same year it was reported by the Financial Times, Ge Weidong entered the New Wealth 500 Rich List with a fortune of 6 billion yuan. Since then, Ge Weidong has been on the Hurun Rich List for 8 consecutive years. In 2023, Ge Weidong ranked 342nd on the Hurun Rich List with a wealth value of 16.5 billion yuan.

in terms of capital distribution, as of the third quarter of 2023, ge weidong has withdrawn from ufida network (600588.SH) and Tibet pharmaceutical (600211.SH) is among the top ten shareholders, but it is still the fourth largest shareholder of Zhaoyi Innovation (603986.SH), with a shareholding ratio of 2.85, and the ninth largest shareholder of HKUST Xunfei (002230.SZ), with a shareholding ratio of 0.8.

in addition, ge weidong is also the sixth largest shareholder of zhongke shuguang (603019.SH), with a shareholding ratio of 0.75. The eighth largest shareholder of mobile communication (603236.SH), with a shareholding ratio of 1.38.

and his "good comrade-in-arms" Wang ping, in addition to serving as a special major shareholder in the increase of platinum in ge weidong, has also invested in hkust xunfei as a natural person, with a shareholding ratio of 2.02, making him the seventh largest shareholder of the company. And in avic high tech (600862.SH) 0.96, ranked 10th largest shareholder.

Ge Weidong, who started with futures, prefers medium-and long-term investment. He began to make efforts in the capital market layout in 2015. Previously, the well-known targets of investment include Ping An Bank (000001.SZ), ST Red Sun (000525.SZ) and Antai Technology (000969.SZ). Later, Ge Weidong preferred technology stocks and his value rose together with HKUST Xunfei's share price.

are you optimistic about Ge Weidong's 0.15 billion stake in domestic 3D printing leader Platinum? Let's talk in the comment area.