Crystal to be no more than 165 million shares, the introduction of the application side partners

United News Network LED chip company EPISTAR resolution of the board of directors for overseas depository receipts (GDR) or the introduction of private strategic partners, EPISTAR spokesman Zhang Shixian said that the company belongs to the upstream industry chain to ensure that the sea and master the application side, intends to introduce the application terminal partners directly aligned with customer equity.

EPISTAR shareholders' meeting will be held on June 17th, in time for the board of directors for shareholders before the cash capital increase of ordinary shares issued in the private placement of ordinary shares and GDR bill, two increase in the total number of shares issued does not exceed 165 million shares limit, in the appropriate time to choose one or collocation way to handle if all 165 million shares issued, crystal electric capital will be increased to 12 billion 648 million yuan.

Zhang Shixian said, the upstream crystal electric company to ensure the cooperation relationship with clients and their application terminal market master, will be looking for "customer" as an equity partner, to disclose the current progress and the specific object of equity alliance. Although in recent years have sent by private bill by the shareholders, but did not find a suitable partner for the downstream end, so again this year to draw the bill ready just in case, will be able to expand the company's business strategy of customers for the introduction of the object.

Zhang Shixian said that the main fund-raising is not money to consider, but in order to attract partners, the company's cash flow is stable enough to cover the normal operation, each year about NT $6 billion yuan in cash inflows, coupled with the recent asset adjustment is conducive to improving the fitness of strengthening competitiveness.

Zhang Shixian pointed out that the current four yuan product line has been full enough, to help the second quarter operating temperature, mainly in the four yuan LED application end includes vehicle, security, indoor and outdoor signage and other application end demand is good, because the technology products rival Shao Qie company has the leading position, four yuan this year the proportion of revenues at 30% LED in the fall, 25-30%; new industrial inspection applications as expected, with customers to design the packaging plant belonging to the B to B market, with the client into the schedule.

Lighting is maintained and a large number of prices is no longer down, crystal electricity to ensure that single profit margin.

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