Dehao Runda recently announced that the China Securities Regulatory Commission's Issuance Review Committee reviewed the company's non-public offering of shares on June 21, 2010 (Monday), and the relevant non-public offering of shares was approved. On October 14, 2009, the company announced the non-public offering plan, raising about 1.6 billion yuan, all of which were used in the LED industrialization project of Wuhu Dehao Runda Optoelectronics Technology Co., Ltd. CIC pointed out that the additional issuance will be of great significance to the company. First, after the successful completion of the additional issuance, the company's net assets increased by about 1.5 billion, from the current 720 million directly increased by 2.2 billion, three times before the issuance. After the issuance of additional funds, problems such as insufficient funds, insufficient production capacity, and slow progress of major projects can be quickly resolved. At the same time, after the completion of the issuance, Wuhu City owns 21.52% of the company's shares. The relationship between the Wuhu Municipal Government and the company is clearer. CIC believes that because the company's LED project is in line with the strategic positioning of the Wuhu Municipal Government, the future has broad prospects and is the government's main The leaders personally supervised the promotion of the project. After the completion of the issuance, the Wuhu Municipal Government will strongly support the listed companies. From the aspects of industrial policy, taxation, land, capital, orders, etc., the government has sufficient resources to tilt the company. In addition, the current LED industry is in the ascendant, LED application field continues to expand, showing explosive growth, upstream chips in short supply, the company's additional issuance is conducive to strengthening first-mover advantage. From the current practice, the issuance will promote the company to improve investor relations, optimize corporate governance, and directly eliminate the market's doubts about the company's additional issues. In terms of LED business development, in 2009, the company's LED business achieved leap-forward development through external acquisitions, achieving sales of 173 million yuan, and its gross profit margin was as high as 38.8%. At present, the company's LED business has begun to take shape and the development momentum is good. According to CIC Securities, the company has more than 600 million yuan in orders for lighting. The display field reflects strong technical and cost advantages, has strong market competitiveness, and has seized a series of orders including the World Expo. When it is in place, the company will increase its market expansion and sales are expected to rise to the next level. With regard to the preparation of LED chip development, the company has announced cooperation with South Korea's EPIVALLEY to produce LED epitaxial wafers and chips at the beginning of the year. At present, the company has been working closely with relevant Korean staff on plant construction, equipment ordering, follow-up equipment commissioning, and R&D organization. Preparing for work, the smooth production of LED chips is a high probability event. A01 500 Puffs,A01 500 Puffs Yield,A01 500 Puffs Xl,A01 500 Puffs Vape Lensen Electronics Co., Ltd , https://www.lensenvape.com