Siu Chi injection of 1 billion yuan subsidiary, investment and construction of LED epitaxial chip production project

16, Siu Chi shares (hereinafter referred to as "the company") issued a signed agreement to raise funds Quartet regulatory announcement, the company to certain non-public offering of RMB ordinary shares (A shares) 209 million 346 thousand and 909 shares, issue price of 12.28 yuan per share, total funds raised 2570780042 yuan, deducting the cost of issue after the net proceeds of RMB 2562019305.49 yuan.

According to the announcement, the company held the fourth session of the board in September 4, 2017 fourteenth meeting, the fourth session of the Twelfth Meeting of the board of supervisors held in September 21, 2017 and 2017 third provisional shareholders' meeting examined and adopted the "about to change the use of proceeds" motion, the company agreed to use the funds raised 1 billion yuan capital injection to a subsidiary of Jiangxi Siu Chi Semiconductor Co. Ltd. in Jiangxi, Siu Chi Semiconductor Co. Ltd. as the main implementation of the project investment in the construction of "LED epitaxial chip production project".

The proceeds account opening and storage

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