Raising over 2 billion 300 million! Our main business expansion LED

Our May 26th release of "wooden Limited by Share Ltd non-public offering of stock issuance report and listing announcement", the non-public offering of shares to 83827918 shares, the issue price of 28.01 yuan / share, to raise funds for a total of 2348019983.18 yuan, net proceeds of 2315739400 yuan, subjects were issued in cash to subscribe for the new shares issued.

The issue of the issue of the object, the number of shares subscribed and the sale period, etc.

Our announcement shows that the non-public offering net proceeds after deducting expenses do not exceed 2 billion 315 million 739 thousand and 400 yuan, to raise funds will be used for SMDLED packaging technology, Xiaolan Ji'an SMDLED packaging and a construction, Xinyu LED lighting a construction of three major projects, respectively, intends to invest 615 million 755 thousand yuan, total 943 million 173 thousand and 300 yuan, 756 million 811 thousand and 100 yuan.

The issue of new shares will be listed on the Shenzhen stock exchange in May 27, 2016. New shares listed on the first day of the company's share price is not ex dividend, stock trading set up limit.

Rawlinson said that new shares are registered after the arrival of the controlling shareholder, actual controller is still the Sun Qinghuan, so this issue did not lead to changes in corporate control.

The new shares before and after registration, the company's share capital structure changes

Rawlinson said, this issue will not have a significant impact on the company's main business structure, the company's main business is the production and sale of R & D, LED packaging and application products, integration does not lead to changes in the company's business and assets.

The non-public offering of investment projects to raise funds for the main business of the company, to raise funds after the implementation of the project will enhance the company's capital strength, to further enhance the company's competitive advantage in the industry, to ensure the sustainable development of the company, enhance the company's profitability.

Our first quarter of this year to achieve operating income 819 million 708 thousand and 300 yuan, attributable to owners of the parent company net profit of 50 million 464 thousand and 300 yuan.

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