According to the announcement, the project of "R & D Project of LED chip production for Poly Can Optoelectronics Technology Co., Ltd." was held on May 8, 2015. The main body of the project is Poly Can Optoelectronics Technology Co., Ltd. The total investment of the project is about 352,170,000 yuan , Of which 14544.56 million yuan will be used to raise funds, with an annual output of 1.8 million high-end LED chips. Up to now, the construction of the project has not yet been fully implemented and the funds raised have not yet been put into use.
'Poly Can Optoelectronics Technology (Suqian) Co., Ltd. LED epitaxial wafers, chip production R & D project (a)' project time for the January 5, 2018, the implementation of the main poly Poly Optoelectronics Technology Co., Ltd. (Suqian) Poly Can Suqian '). The total investment of the project is 65993. 1 million, of which: construction investment 61685. 3 million, construction interest 858500 yuan, working capital 3450. 3 million. The first phase to be used to raise The funds of 14580800 yuan (including derivative interest), the rest will be by way of bank loans to self-financing solution.
Relevant approval documents that have been obtained from the raised investment projects are as follows:
Poly Can Optoelectronics said that this raise investment projects change, did not substantially change the way to raise funds and project implementation content, with the company's main business remain highly consistent, there is no change in disguised form to raise funds to the detriment of the interests of shareholders at the same time, Fully raised funds (including derivative interest) and part of its own funds to invest in a wholly owned subsidiary of poly Can Suqian, is conducive to enhancing the subsidiary's capital strength, reduce financial risk, optimize the allocation of resources and improve management efficiency, in line with the company's long-term development Strategy and planning.
In addition, Poly Chan Photoelectric also announced that the company intends to change the investment projects to raise funds, the proposed capital increase Juju Suqian RMB 150 million, of which the source of funds to raise all the funds (including derivative interest) and part of its own funds. The registered capital of Juccan Suqian will be changed to 200 million yuan and the Company still holds 100% of the shares, of which 127.49 million yuan will be used for the replacement of the Company's purchase of pre-purchase equipment and the balance to be used for Juchasu Suqian other New equipment purchase money.
Poly Can Optoelectronics said that this raise investment projects change, did not substantially change the way to raise funds and project implementation content, with the company's main business remain highly consistent, there is no change in disguised form to raise funds to the detriment of the interests of shareholders at the same time, Fully raised funds (including derivative interest) and part of its own funds to invest in a wholly owned subsidiary of poly Can Suqian, is conducive to enhancing the subsidiary's capital strength, reduce financial risk, optimize the allocation of resources and improve management efficiency, in line with the company's long-term development Strategy and planning.