Junansong Liu to subscribe

Thanks to the prospect of LED chips, several capital Giants appeared in the Private (600460) Non-public offerings list. The results of the issue of Non-public offerings released today by the Rand micro-stock show that Bao Steel Group Company under the Warburg Trust Co., Ltd. 198 million subscribe to 9.9 million shares, turn into a release completed after the second largest shareholder of the Rand; Junansong, the Dean of the Department of the helm of the Shanghai Tian Zhen Industrial Co., Ltd. also smashed 64 million yuan real money to participate in the subscription; capital Market Liu also appeared in the release list, the helm of the Guohua Life insurance unit　　Limited subscription amount of $60 million, the number of subscription shares of 3 million shares. The 8 specific investors, the only natural person to appear in the status of the Super Retail Titanyi, the number of subscription shares for 3 million shares. Titanyi has been "Dan Technology nail" identity to attract market attention, as of the first quarter of this year or the company's five large circulation B-share shareholders.　　It is reported that the above-mentioned investors to subscribe to the issue of the shares of the restricted period of 12 months. According to the bulletin, the 20 yuan/share of the price-oriented 30 million shares, raised funds for high-brightness LED chip production line project expansion and replenishment of liquidity. The company raised a total of 600 million yuan, after deducting the cost of the actual raise the net amount of 575 million. After the implementation of the project, the size of the LED production capacity will be greatly increased, integrated circuits and discrete devices will be further improved profitability.　　Holding subsidiaries lanming science and Core can add 600 million capsules/month, epitaxial film 47,500 tablets/month of production capacity, thereby consolidating and expanding in LED indoor and outdoor Station and other high-end areas leading position. Analysts pointed out that the capital of the large alligator hot-blue micro-non-public distribution, should be bullish led chips for the growth of the micro-blue space, the expansion of the field is the advantages of the indoor and outdoor display and the demand for fast-growing lighting and backlight market, and LED lighting,　　LED backlight is also the current led industry demand for the fastest growing areas. The RAND also announced today that the Board of Directors passed the bill to increase the capital to the holding subsidiary, Lanming Science and, to be funded by raising funds to undertake the project, that is, "high brightness LED chip production line expansion Project" Taxi lanming Science and core increase of 200 million yuan, the registered capital from 200 million yuan to 400 million yuan.