The merger will be exchanged for a total of 1.8967 shares of China-US Blue Crystal, and the conversion ratio will be calculated based on the basis of the net value of China National Blue Crystal and Zhaoyuan at the end of 2011, which is 38.01, 17.77 yuan, and Taiwan. December 31 is the consolidation base date.
“Xinzhaoyuan†will issue 76 million new shares, calculated on the 25th closing price of Zhaoyuan on the 25th. The market value of this transaction is about NT$2.47 billion. Zhongmeijing will acquire a 43% stake in “Xinzhaoyuan†and become the largest legal person shareholder of Zhaoyuan; Jingcheng and UMC’s Hongcheng Venture Capital each hold 4.86% and 2.33% equity, ranking second and third largest shareholders. The combined capital of Zhaoyuan Yuan increased from NT$920 million to NT$1.68 billion.
Sino-US Blue Crystal currently has a monthly production capacity of 132,000 and 92,000 flat and patterned sapphire substrates (PPS), and has long crystal technology; the monthly production capacity of Zhaoyuan Plane and Sapphire Substrate is 510,000 and 100,000. The scale of production capacity has leapt to the leading position of Taiwan's sapphire substrate, and the combined capacity and market share will become the largest in Taiwan.
In addition, both companies will expand production. At the end of 2012, the total production capacity of flat and patterned sapphire substrates will be 800,000 and 510,000, respectively. It will leap to the largest sapphire substrate plant in Taiwan, and the two major businesses will have a monthly production capacity of one million pieces. Moving forward, the goal is to become a global leader.
Zhongmei Jing said that the two companies will also combine the production and development capabilities of sapphire crystal growth and high-brightness sapphire substrates to enhance the process development technology of patterned sapphire substrates and large-size sapphire substrates.
Steel Structures can be used in many industries such as foundation reinforce, electric power transmission structures and tubular scaffolding, etc.
A flange can also be a plate or ring to form a rim at the end of a pipe when fastened to the pipe. A blind flange is a plate for covering or closing the end of a pipe. A flange joint is a connection of pipes, where the connecting pieces have flanges by which the parts are bolted together.
Although the word flange generally refers to the actual raised rim or lip of a fitting, many flanged plumbing fittings are themselves known as 'flanges':
There are many different flange standards to be found worldwide. To allow easy functionality and interchangeability, these are designed to have standardised dimensions. Common world standards include ASA/ASME (USA), PN/DIN (European), BS10 (British/Australian), and JIS/KS (Japanese/Korean). In the USA, ANSI stopped publishing B16.5 in 1996, and the standard is ASME B16.5
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