[High-tech LED reporter report] On February 8, Lianchuang Optoelectronics released the second revision of the private placement, and once again lowered the reserve price to 6.31 yuan / share, the fundraising scale and fundraising projects and the previous two no big changes, The issue limit was raised to 100.8 million shares.
Lianchuang Optoelectronics announced the latest revised plan for the increase. It plans to use the latest date of February 8 as the pricing base date to determine the additional price of 6.31 yuan/share, and the private placement will not exceed 100.8 million shares. The total amount of funds raised will not be More than 636.3 million yuan, invested in semiconductor lighting source industrialization projects, LED lighting industrialization projects for semiconductor lighting sources, LED epitaxial materials for power infrared monitoring systems, chip and device industrialization projects and enterprise technology R & D center construction projects. Jiangxi Electronics Group promised to subscribe for no less than 130 million yuan.
This is the third time the company has issued an additional issuance plan. The initial price for the initial private placement is 10.1 yuan/share, and the second time is 8 yuan/share. The continuous increase in the issue price is subject to the overcapacity crisis in the global LED industry since 2011. The competition for upstream products is becoming increasingly fierce. The continuous decline in product prices and the increase in raw material costs have led to a general decline in product gross profit. On the other hand, mainly in July 2011. Since the initial launch of the issue, the company's share price has continued to fall with the market down.
Lianchuang Optoelectronics announced the latest revised plan for the increase. It plans to use the latest date of February 8 as the pricing base date to determine the additional price of 6.31 yuan/share, and the private placement will not exceed 100.8 million shares. The total amount of funds raised will not be More than 636.3 million yuan, invested in semiconductor lighting source industrialization projects, LED lighting industrialization projects for semiconductor lighting sources, LED epitaxial materials for power infrared monitoring systems, chip and device industrialization projects and enterprise technology R & D center construction projects. Jiangxi Electronics Group promised to subscribe for no less than 130 million yuan.
This is the third time the company has issued an additional issuance plan. The initial price for the initial private placement is 10.1 yuan/share, and the second time is 8 yuan/share. The continuous increase in the issue price is subject to the overcapacity crisis in the global LED industry since 2011. The competition for upstream products is becoming increasingly fierce. The continuous decline in product prices and the increase in raw material costs have led to a general decline in product gross profit. On the other hand, mainly in July 2011. Since the initial launch of the issue, the company's share price has continued to fall with the market down.
Guangzhou Yunge Tianhong Electronic Technology Co., Ltd , http://www.e-cigaretteyfactory.com