Lianchuang Optoelectronics plans to raise 850 million yuan to develop new business
Lianchuang Optoelectronics announced on the evening of April 20 that the company plans to issue 13.11 yuan/share non-public offering of no more than 64.9 million shares, raising funds of not more than 850.8 million yuan, for infrared focal plane detector chip industrialization project, and holding subsidiary Jiangxi Lianchuang Cable Technology Co., Ltd. increased capital to implement special aerospace cable projects, implemented O2O marketing channel construction projects, supplemented working capital and repaid bank loans. The company's stock resumed trading on April 21. The non-public offering of shares was issued by Yanshang United Co., Ltd., Shanghai Hollow League Investment Partnership, natural persons Deng Youwei and Zhao Liang. Among them, Yanshang United Co., Ltd. will subscribe for 21.73 of the total non-public offering of shares, Shanghai Hollow League investment partnership subscription ratio is 28.21, Deng Youyi subscription ratio is 42.36, Zhao Liang subscription ratio is 7.7. The infrared focal plane detector chip industrialization project plans a total investment of 20.15 million yuan, and the project implementation cycle is 24 months. The funds raised are mainly used for plant construction and renovation, and purchase of equipment. After the implementation of the project, the company will realize the mass production of infrared focal plane detector chips and components. The aerospace special cable project is expected to have a total investment of 50.72 million yuan and the project implementation period is 24 months. The funds raised are mainly used for plant construction and renovation, and purchase of equipment. After the project is put into production, it is expected to form an annual special aerospace special cable (such as cross-linked ethylene-tetrafluoroethylene (cross-linked ETFE) insulated wire and cable and polyimide, PTFE double-layer film wrapped insulated cable, etc.) 2.8 Ten thousand kilometers of production capacity. In addition, in order to enhance capital strength, reduce financial expenses, and meet the rapid development of the company's business needs for liquidity, it is proposed to use 370 million yuan of this raised funds to supplement the company's working capital, and 150 million yuan to repay bank loans.
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