Hongli Optoelectronics plans to raise 383 million yuan to build LED projects

[High-tech LED News] Hongli Optoelectronics (300219) intends to use the combination of offline placement and online fund purchase pricing and issuance, and publicly issue 31 million shares (A shares), accounting for the total issued share capital (1.227 million). 25.26% of the shares).

Recently, Hongli Optoelectronics has confirmed that the issue price of the first issue of A shares is 16 yuan / share, corresponding to a price-to-earnings ratio of 32.04 times, and will be implemented online and offline on May 10, 2011, of which 6 million shares will be issued offline. The purchase is referred to as “Hongli Optoelectronics” and the purchase code is “300219”. The online purchase limit for a single securities account is 25,000 shares.

It is understood that this fund raised 383 million yuan, Hongli Optoelectronics intends to invest in new surface mount LED construction projects, technology research and development center construction projects, LED lighting technology and industrialization projects.

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