Zhaoyuan in Taiwan with langene LED sapphire substrate factory

America Crystal subsidiary of us langene held a board meeting on December 4th, by resolution and crystalwtse technology merger benchmark for January 1, 2013. Trillion far technology for the surviving company, after the merger of the real capital will be NT $1 billion 680 million. Sino US langene crystalwtse technology incorporated, with the approval of the competent authority of the exchange ratio in Sino US langene 1 shares of common stock exchange crystalwtse technology 1.8967 shares of ordinary shares, estimated Sino American Silicon new crystalwtse technology will hold about 43% stake in the first major corporate shareholders. Crystal electricity, the joint venture group's Hong Cheng venture capital holds 4.86%, 2.33% stake in the top second, the top three shareholders. After the merger trillion yuan capital increased from 920 million yuan to 1 billion 680 million yuan.

The merger of the two sides of the whole resources, in addition to the integration of both production and complementary production lines, can effectively integrate the two technical patents and R & D energy. The deep Aquamarine sapphire technology, accumulated many valuable experience and solid strength, and authorized crystalwtse technology up to 83 patents, technical level covered on patterned sapphire substrates with long crystal technology, plus crystalwtse technology on sapphire wafer processing expertise, both production and R & D advantage will be integrated, expanding technology the differences with competitors, and enhance the overall competitiveness of one.

China and aquamarine crystalwtse technology will expand production, at the end of this year, the total capacity of planar patterned sapphire substrate was 800 thousand, 510 thousand, in Taiwan the sapphire substrate factory, two business Dynasties will be moving in the monthly production capacity of one million target to become the world's leading forward.

The new technology will enhance the company's international competitiveness and market share through the combination of benefits, to further consolidate the market leadership, and create greater benefits for both shareholders and employees.