St Tianlong fixed increase raise 375 million yuan first electric shock optical film Project

Before the spread of the uproar St Tianlong (600234, before the closing price of 8.47 yuan) plan and Shanxi Coal Group of major asset reorganization, suspension several days later, the company yesterday (November 9) evening issued a notice, proposed to 6.8 yuan/ The unit non-public issue 55.1471 million shares, raises 375 million yuan, will use 252 million yuan to repay the overdue bank loan and other arrears, another 100 million yuan invests the profit prospect to be better, the high technology content TFT-LCD (LED) optical thin Film project.　　After the release, the company's main business will increase the production and sales of LED optical film business, profitability will be significantly improved.　　The company said that the non-public issue of the issue of Xin an investment, Qingdao hundred huasheng Two legal persons and Wang Weizing, Bao, Fang Haiping and other three natural persons.　　According to the issue with the company signed the "Non-public offering subscription contract", Xin ' an investment to subscribe to 25 million shares, Qingdao Huasheng to subscribe to 22.5 million shares, while three natural persons are total subscription for 7.6471 million shares. Data show that the company's investment project led optical Thin film is an important raw material for LCD panel, is an important part of the flat panel display industry, is expected in the next few years, the market demand for led optical films exuberant.　　According to the Monitor market research advisory Body DisplaySearch Forecast, 2006 to 2011, the global LED optical film annual composite growth rate reached 19%, 2011 Global LED Optical film demand will exceed 400 million square meters. St Tianlong said that the non-public offering of shares raised funds to repay the relevant debt, the company each year to save more than 15 million yuan in interest costs, the company's total profits will be significantly increased, profitability will be significantly improved. and investment in LED optical film projects using the world's leading production technology, will make up for the domestic led optical thin film production field of space, add luster to film, diffusion film and laminating products such as large-scale market scale, competitive advantage is obvious.