@0x0Frank: There is a company in A-shares called 上峰水泥. If you think from its name that this company is purely selling cement, you would be very wrong. I looked into it: its main business, cement, provides stable cash flow. It started investing in semiconductors through industrial investments as early as 2020, including 长鑫, 盛合晶微, 上海超硅 and other semiconductor companies. It's impressive. Stable high dividends plus semiconductor equity…
Summary
A tweet analyzes 上峰水泥, a cement company on China's A-share market, which began investing in semiconductor firms including 长鑫, 盛合晶微, and 上海超硅 since 2020, highlighting its stable dividends and the potential revaluation of its semiconductor equity.
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There’s a company on the A-share market called Shangfeng Cement. If you hear the name and think the company purely sells cement, you’d be completely mistaken.
I looked into it: the company’s core cement business generates stable cash flow. Since 2020, it has been investing in the semiconductor industry through industrial investments, including stakes in companies like Changxin, Shenghe Semiconductor, and Shanghai Ultra Silicon. That’s pretty interesting.
Stable high dividends plus a revaluation of its semiconductor equity — and with Changxin likely going public, there’s probably another wave of price gains ahead.
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