China Fund News reporter Wu Jun
The company under the private equity boss Ge Weidong made a move.
According to the latest disclosed 2023 annual report data, Shanghai Chaos Investment (Group) Co., Ltd., helmed by Ge Weidong, appeared for the first time on the list of shareholders of Aerospace Hongtu, a leader in remote sensing satellite applications, with a shareholding increase to 5.7702 million shares, with a market value of 244 million yuan at the end of the period, ranking the seventh largest circulating shareholder, which is a rare increase in Chaos Investment in the past two or three years.
It is worth mentioning that the stock price of Aerospace Hongtu has recently performed due to the concept of low-altitude economy, but the latest financial report data disclosed that the company's net profit loss last year was 374 million yuan, and the stock price fell by more than 17% in the fourth quarter of last year, and has continued to fall by 47.70% since the beginning of this year.
Chaos Investment has increased its position in Aerospace Hongtu, and has entered the list of the top ten circulating shareholders
The Science and Technology Innovation Board company Aerospace Hongtu released its 2023 annual report on the evening of April 11, which shows that Shanghai Chaos Investment (Group) Co., Ltd., a private equity boss Ge Weidong, increased its position in the fourth quarter of last year, and appeared on the company's top ten circulating shareholders list for the first time, holding 5.7702 million shares, accounting for 2.21% of the outstanding shares, and the reference market value at the end of the period was 244 million yuan. However, the Social Security Fund, E Fund Kexiang Mixed Fund and some foreign funds reduced their holdings in the fourth quarter of last year.
Jin Jun found that Ge Weidong is not the first time to pay attention to the grand plan of aerospace. Chaos Investment, which he helms, researched the stock as early as 2021, and then investigated the stock twice in 2022 and 2023, which shows that it has always maintained its attention and research on aerospace ambitions, and made a move in the fourth quarter of last year.
However, the share price of Aerospace Hongtu in the past year has shown a downward trend, from 54 yuan / share in the fourth quarter of last year, to close at 42.24 yuan / share at the end of last year, Ge Weidong's Chaos Investment bought or increased its holdings of the stock in the process. However, as of the close of trading on April 11 this year, Aerospace Hongtu closed at 22.09 yuan per share, almost halved from the stock price at the end of last year, and the latest total market value was 5.77 billion yuan.
Aerospace Hongtu's net profit loss in 2023 will be 374 million yuan
According to public information, Aerospace Hongtu was founded in 2008, is a leading satellite Internet enterprise in China, the company has developed a remote sensing and geographic information integration software PIE (Pixel Information Expert) with completely independent intellectual property rights, has the first remote sensing and geographic information cloud service platform PIE-Engine, to achieve the localization of remote sensing basic software, for the government, enterprises, universities and other relevant departments to provide basic software products, system design and development, Remote sensing cloud services and other overall solutions for spatial information applications.
Judging from the latest financial report data, Aerospace Hongtu will achieve operating income of 1.819 billion yuan in 2023, a year-on-year decrease of 25.98%, net profit attributable to shareholders of listed companies will be -374 million yuan, a year-on-year change from profit to loss, and basic earnings per share will be -1.63 yuan.
For the reasons for last year's poor performance, Aerospace Hongtu explained in the annual report that the company's customers are mainly concentrated in the government, large state-owned enterprises and special fields, affected by the pressure of the macroeconomic environment and the suspension of the company's bidding qualifications in the military procurement network, the bidding progress of some projects has been delayed, and the company's newly signed orders have declined;
It is worth mentioning that the recent low-altitude economic theme has attracted market attention, and the aerospace grand plan has also become popular, with the stock price rising 20% on March 28 and continuing to rise 12.94% on March 29.
Recently, Aerospace Hongtu said on the investor interactive platform that the company's products in the field of drones will account for about 4% of operating income in 2023. Relying on advanced technologies such as AI, Internet of Things, and remote sensing, the company's UAVs aim to build a low-altitude intelligent low-cost operating system to empower industries and fields such as land and resources, emergency response, environmental protection, and water conservancy. The company continues to improve the UAV industry chain, and carries out low-altitude flight support, low-altitude information services and other businesses through the comprehensive advantages of UAV, Beidou and meteorology.
Aerospace Hongtu also said in the annual report that in 2024, it will accelerate the integration of space, space and ground, focus on promoting the construction of SAR satellite constellations and the production of unmanned aerial vehicles, and improve the layout of the satellite application industry chain.
Ge Weidong and Chaos Investment have made frequent moves
In the investment circle, Ge Weidong has attracted much attention, he started with futures investment, known as "East Evil", he is currently the legal representative, chairman and general manager of Shanghai Chaos Investment (Group) Co., Ltd. According to the 2023 Hurun Report, Ge Weidong ranks 342nd on the list with a wealth of 16.5 billion yuan.
In recent years, Ge Weidong, who is in his 50s, has turned more energy to the secondary stock market, and actively laid out listed companies in the growth track of new energy, semiconductor chips, artificial intelligence, cloud computing, and new consumption.
Judging from the list of the top ten circulating shareholders disclosed, Ge Weidong still holds shares of GigaDevice and Quectel Communications in his personal name.
According to the latest data, as of March 5 this year, Ge Weidong still held 18.722 million shares of GigaDevice, and as of February 1 this year, Ge Weidong held 3.6348 million shares of Quectel Communications. However, Fund Jun found that Ge Weidong's holdings in these two stocks have decreased compared with the data disclosed at the end of the third quarter of last year.
In addition, according to the latest disclosed 2023 annual report data, Shanghai Chaos Investment (Group) Co., Ltd., helmed by Ge Weidong, held 35.4088 million shares of Haiguang Information at the end of the fourth quarter of last year, a decrease of 6.394 million shares from the end of the previous quarter, and the reference market value at the end of the period was 2.513 billion yuan. In fact, as early as July 2020, Chaos Investment subscribed to the registered capital of 44.5909 million yuan of Haiguang Information. After the IPO of Haiguang Information, it has been on the list of shareholders of the company, but in recent years, it has reduced its holdings.
Editor: Xiao Mo
Review: Xu Wen