Wang: publicity to raise funds and all of it for the Wuhu LED project

Recently, Guangdong electric Limited by Share Ltd released a bulletin will be raised before the day of 1 billion 506 million 378 thousand and 800 yuan, all for a wholly owned subsidiary of Wuhu Runda Optoelectronics Technology Co., LED lighting project, LED project package and LED chip project, not for other purposes.

The company in October 2010 20 to four specific non-public offering of RMB ordinary shares of 160 million shares, the issue price per share of 9.54 yuan, 1 billion 526 million 400 thousand yuan to raise funds, after deducting the cost of issue 20 million 21 thousand and 200 yuan to raise funds for 1 billion 506 million 378 thousand and 800 yuan net.