Jufei Optoelectronics plans to increase the fundraising of 600 million LED expansion projects

Jufei Optoelectronics announced on the evening of the 24th that it announced the non-public offering plan. The company plans to issue no more than 30 specific targets for the issuance of no more than 30 million shares. The total amount of funds raised is not expected to exceed 600,000 yuan. It will be used after deducting the issuance expenses. Backlight LED products (devices, light bars) expansion projects, lighting LED product expansion projects and LED technology R & D center expansion projects. Before the raised funds of this issuance are in place, the company can use the self-raised funds to make initial investment in the raised funds according to the market conditions, and replace them after the raised funds are in place. The company's various businesses have grown rapidly, especially in the context of the increasing nationalization rate of large-size backlight products and the replacement of the original traditional lighting products by LED lighting, which has brought about rapid growth in market demand and provided a rare business opportunity for the company's development. The rapid growth of market demand also puts higher requirements on the company's scale. The company's existing production capacity can no longer meet the future business development needs, and it needs to obtain new capital investment, expand production capacity and working capital scale. Therefore, the company hopes to pass this fundraising. The capital investment project will continue to expand the research and development and production capacity of the company's backlight LED products and lighting LED products to meet the opportunities brought by the rapid growth of the market, continuously improve the market competitiveness, and enhance and consolidate the company's leading position in the industry. After the issuance, the actual controller of the company will not change. The total number of shares issued in this non-public offering shall not exceed 30 million shares (including 30 million shares). Before the raised funds of this issuance are in place, the company can use the self-raised funds to make initial investment in the raised funds according to the market conditions, and replace them after the raised funds are in place. At the same time, the company also disclosed the third quarter report. In the first three quarters of this year, the company achieved a net profit of 131 million yuan, a year-on-year increase of 34.40; earnings per share of 0.46 yuan, an increase of 34.40.1-9 months, the company achieved operating income of 761 million yuan, year-on-year. Growth of 43.54. Jufei Optoelectronics said that during the reporting period, the company's operating scale increased, and the increase in product sales led to an increase in operating income. At the same time, the company's various businesses are progressing smoothly, and the sales revenue of the products has achieved rapid growth, resulting in a rapid increase in net profit.

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