Hikvision Gets $3 Billion From Chinese Government Bank
Hikvision has secured the biggest financing ever in the video surveillance industry.
Despite the groundbreaking news, Hikvision has been strangely quiet about it, with no English language announcements nor celebrations.
However, Hikvision and their largest shareholder, a Chinese government owned entity, did announce and explain it in Chinese.
In this note, we examine the financing and how the Chinese government bank is empowering Hikvision's international 2.0 strategy.
Financing ********
*** ***** *********** ****, *** ** *** * ********** owned ****** *****, ** ********* ** billion **** (~$*.* ******* ***) ********* to ********* **** **** - ****. This ***** ** ** ****** / debt *********, *** ****** (****** ********* is ************** ***** ** * ********* ******* government ******).
********* ** ~$*.* ******* *** ** quite **********, **** *** *********'* **** (**** nearly ~$*.* ******* *** ******* **** year). *** ******* *** ***** ~**% so *** ** **** *** ** ******* focused ** ********* *** **** ******.
International *********
*********'* ********* ********* *** ******** ** the******* ** *********'* ********** *****'* *******:
"*** ************** **international ********* *.* strategies to strengthen ******** localization services for capacity-building, providing a comprehensive, multi-channel capital protection.... strategy to jointly carry out an important measure of global ********* ******, to further enhance our security products international competitiveness and global ***** ********* has an important role in promoting." (Google Translate)
********* ***** *** ******* *** ******* ** IPVM ***** *** *********.
Abandoned **** **** ***
** *** ********* ** ****, **************** ** ** * **** **** IPO(** ******** ** ***** ******** *******) of $1+ ******* *** *** ************* *********. However, **** *** *** '** ****' ***** *** ****** ******* ** the ***** **** ** *** ****. This *** ******* ********** ********* ***** that *** ********.
******
*** * ****** ****** (********* *****) that ** ~$** *******, ~$* ******* is ** ******* ****** ** ***** to ******* ****** ********* *** ******** needs *** **** ***-**** ************* ** cash ***********.
**** ********* ** * ******** ********* ** power ********* ** ******** *** **** of ***** ***** ****** *********.
******
** *** ***** ****, *** *** Hikvision *** ******* **** *** ***** their ******** ** (***) ************* **** the **** ** *** ***** ***** critical ****. ** * ********* ******** ****************:
"** ** ********* ****** *********? *** if *** *** **** *******."
***** **** ********* *** *********'* ********, you *** **** ** ***** *******.