Used to promote the construction of integrated circuit discipline, the director is skilled! Donation of shares with a market value of over 40 million to our alma mater | Gaolun | Market Value
There have been many donations disclosed in the A-share market recently.
On the evening of the 17th, Gailun Electronics revealed that Chairman Liu Zhihong will donate his indirectly held 1.78 million shares of the company's shares to the Education Development Foundation of South China University of Technology in Guangdong Province. If calculated based on the current stock price of Gaolun Electronics, the market value of the proposed donated shares exceeds 40 million yuan.
Another A-share company executive donated shares to universities with a market value exceeding 40 million yuan
On the evening of the 17th, A-share listed company Gailun Electronics announced that its chairman will donate some of its shares free of charge. The announcement stated that in order to support the development of education at its alma mater, South China University of Technology, promote the construction and development of the school's integrated circuit discipline, and cultivate more outstanding talents in the field of integrated circuits for society, Gailun Electronics Chairman Liu Zhihong will donate his indirectly held 1.78 million shares of the company to the Guangdong South China University of Technology Education Development Foundation. As of the disclosure date of this announcement, the proportion of 1.78 million shares donated this time to the total share capital of the company is approximately 0.41%.
The announcement states that as of the disclosure date of this announcement, Mr. Liu Zhihong's direct and indirect holdings of the company's shares are still in the restricted period and are restricted and tradable shares, and must meet the conditions for lifting the restrictions after June 28, 2025. Before the lifting of the restriction on sale, the donating parties will not handle the delivery procedures for the donated shares. The delivery of the donated shares will be strictly carried out in accordance with the requirements of relevant laws, regulations, departmental rules, and normative documents, and the obligation to disclose information will be fulfilled in a timely manner.
The announcement states that the delivery date for the donated shares is within 6 months from June 28, 2025. The specific date will be negotiated and confirmed by the donating parties based on the actual operation of the company and the stock market situation. Corresponding adjustments will be made in accordance with relevant laws, regulations, departmental rules, normative documents, and regulatory requirements of regulatory authorities at that time. Before the delivery of the donated stocks, Mr. Liu Zhihong still holds the ownership of the donated stocks, enjoys complete shareholder rights over the donated stocks, and assumes corresponding shareholder obligations.
It is worth noting that more than a month ago, Gailun Electronics disclosed a donation announcement: in order to support the development of education and scientific research at his alma mater Southeast University, Mr. Yang Lianfeng, the director and president of Gailun Electronics, will donate 1.21 million shares of the company he holds to the Southeast University Education Foundation. As of the announcement disclosure date, the proportion of 1.21 million shares donated this time to the total share capital of the company is about 0.28%.
According to the 2022 annual report of Gallen Electronics, Gallen Electronics is the first EDA listed company in China and a leading EDA enterprise with key core technologies and international market competitiveness. The company is committed to creating application driven, EDA full process solutions covering integrated circuit design and manufacturing, supporting the continuous development of various high-end chip research and development, and collaborating with upstream and downstream of the industry chain and EDA partners to build a competitive and vibrant EDA ecosystem. The company innovates through EDA methodology to promote deep linkage between integrated circuit design and manufacturing, accelerate process development and chip design, improve the yield and performance of integrated circuit products, and enhance the overall market competitiveness of integrated circuit enterprises. Gaolun Electronics was listed on the Science and Technology Innovation Board in December 2021.
According to market data, the current stock price of Gailun Electronics is 26.63 yuan. If calculated at this price, the market value of Liu Zhihong's donated shares reached 47.4 million yuan. However, as the stock price changes, the market value of the donated shares will also change accordingly.
According to the official website of South China University of Technology, it is a national key university directly under the Ministry of Education. According to the official website of the school, since its establishment, the school has trained 610000 students of various types in higher education for the country. The employment rate of graduates has been among the top in universities in China and Guangdong Province for many years. A large number of alumni have become backbone of science and technology, famous entrepreneurs, and leading cadres in China. The school is known as the "cradle of engineers", "cradle of entrepreneurs", and "Huangpu Military Academy of the new energy vehicle industry", and has been selected as a national demonstration base for mass entrepreneurship and innovation.
There have been many recent donations in the A-share market
In fact, there have been many donations in the A-share market recently.
On the evening of the 17th, A-share company Jingwang Electronics also released an announcement about external donations. The announcement states that in order to actively fulfill the social responsibility of listed companies and uphold the business philosophy of "people-oriented, manufacturing high-quality products, expanding enterprises, and returning to society", the company held the 11th meeting of the 4th Board of Directors on July 17, 2023, and approved the "Proposal on External Donation". The company agreed to donate 300000 RMB to the Bao'an District Charity Association in Shenzhen for rural revitalization construction; Agree that the subsidiary Jingwang Electronic Technology Co., Ltd. will donate 2 million RMB to the Rural Revitalization Bureau of Longchuan County, Heyuan City, with a focus on education, medical and other construction projects.
On the evening of the 17th, A-share listed company Chint Electric also issued an announcement regarding the external donations and related party transactions of its controlling subsidiaries. The announcement states that in order to actively respond to the strategic goals of rural revitalization, support social public welfare undertakings, and fulfill corporate social responsibility, the company's controlling subsidiary, Zhengtai Anneng, plans to donate RMB 2.4 million to the Zhengtai Foundation to jointly launch the establishment of a special fund for the "Yidian Public Welfare Fund", which will mainly be used for public welfare activities such as rural education and public health.
In early July, A-share listed company Carlett announced that in order to support and develop the education industry, improve the quality and academic level of education, and actively fulfill the social responsibility of the listed company, the company will donate 10 million yuan to the Tsinghua University Education Foundation, which will be implemented over five years to support Tsinghua University students studying abroad and international education, actively leverage Tsinghua University's advantages in science and technology talent, support public welfare services, and use the power of education to promote social progress and enhance human well-being.
In early July, A-share listed company Wuyi, China, announced that in order to promote the high-quality development of education in the Guanyinshan area of Nan'an City and create a good educational atmosphere for the owners of the Nan'an Times Tianyue residential project, its controlling subsidiary, Nan'an Wuyi Fanjia Real Estate Co., Ltd., plans to donate RMB 30 million to the expansion project of Jiangbei Experimental School in Nan'an City. The funds will be transferred to the Nan'an Education Development Foundation account in three phases before June 1, 2025, subject to the donation agreement signed between Nan'an Wuyi Fanjia Real Estate Co., Ltd. and the Nan'an Municipal People's Government. The initial donation of 10 million yuan has been included in the company's 2023 financial budget, and the subsequent two donations will be included in the corresponding annual financial budgets.
