Youyan Silicon: The controlling shareholder and its concerted parties reduce holdings by 37.5 million shares, cashing out 493 million yuan

Radar Finance Text | Yang Yang Edited | Li Yihui

On February 13, Youyan Semiconductor Silicon Materials Co., Ltd. (Stock abbreviation: Youyan Silicon) announced that its controlling shareholder, RS Technologies Co., Ltd., and its concerted action partner, Fujian Cangyuan Investment Co., Ltd., have completed their share reduction plan. The total reduction was 37,500,000 shares, with the purpose of meeting shareholder operational capital needs.

Among them, RS Technologies reduced 12.5 million shares through block trades at a price range of 12.38 to 12.83 yuan per share, totaling 156,100,000 yuan; while Fujian Cangyuan Investment Co., Ltd. reduced 25 million shares through centralized bidding and block trades at a price range of 12.38 to 14.47 yuan per share, with a total reduction amount of 336,986,259.59 yuan.

After the reduction, the shareholding ratio of the controlling shareholder and its concerted action parties decreased from 59.19% to 56.19%.

According to Tianyancha data, Youyan Silicon was established on June 21, 2001, with a registered capital of 1,250,301,858 yuan. The legal representative is Zhang Guohu, and the registered address is on the south side of Shuanghe Road, Shunyi District, Beijing. The main business involves the research, production, and sales of semiconductor silicon materials.

Currently, the company’s chairman is Fang Yongyi, the secretary of the board is Yang Bo, with 845 employees, and the actual controller is Fang Yongyi.

The company has stakes in five subsidiaries, including Shandong Youyan Semiconductor Materials Co., Ltd., Aweite (Dezhou) Valve Technology Co., Ltd., Beijing Aweite Technology Co., Ltd., Shandong Youyan Aisi Semiconductor Materials Co., Ltd., and Shandong Shangtai New Materials Co., Ltd.

In terms of performance, the company’s operating income for 2022, 2023, and 2024 was 1.175 billion yuan, 960 million yuan, and 996 million yuan, respectively, with year-on-year growth of 35.23%, -18.29%, and 3.70%. Net profit attributable to the parent was 351 million yuan, 254 million yuan, and 233 million yuan, with year-on-year growth of 136.80%, -27.65%, and -8.37%. During the same period, the company’s asset-liability ratio was 11.37%, 9.17%, and 10.63%.

Regarding risks, Tianyancha information shows the company has 3 internal Tianyan risks, 9 surrounding Tianyan risks, 34 historical Tianyan risks, and 123 early warning Tianyan risks.