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Capital investment is too high hogli semiconductor IPO postponed to 2007

(Bloomberg) according to the Peng Bo report, Shanghai Hongli semiconductor (Grace Semiconductor), prior to the initial public offering (IPO) stock plan postponed to 2007.

Reported that the company is that it cannot be postponed IPO profit. Dr. Zou Shichang, chairman of Acer semiconductor, said the company's capital investment has been too high. The report also pointed out that this is the third time the decision to postpone IPO.

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