Ganzhao Optoelectronics IPO application on the 28th meeting

On May 24, the China Securities Regulatory Commission announced on Monday evening that the GEM Board of Inquiry will hold its 30th working meeting in 2010 on May 28 to review Xi'an Dagang Pavement Machinery Co., Ltd. and Xiamen Dry Photoelectric Co., Ltd. The initial application.

Xiamen Ganzhao Optoelectronics Co., Ltd. plans to issue no more than 29.5 million shares, and the total share capital after the issuance is no more than 118 million shares. The company is engaged in the research, development, production and sales of semiconductor optoelectronic products. At present, it mainly has high-brightness quaternary LED epitaxial wafers and chips and three-junction gallium arsenide solar cell epitaxial wafers and chips. The main technical indicators of the company's quaternary red LED chip products are at the domestic leading level, some of which have reached the international advanced level and have high cost performance. It is one of the few companies in China that has the initial industrial production capacity of LED epitaxial wafers and chips. .

The proceeds from this offering will be invested in the following four projects: high-brightness quaternary system (AlGaInP) LED epitaxial wafer and chip project (Yangzhou), high-brightness quaternary system (AlGaInP) LED epitaxial wafer and chip project (Xiamen), high efficiency three The GaAs solar cell epitaxial wafer project and the enterprise technology R&D center construction project have a total investment of 450 million yuan, and the rest will be used for other working capital related to the main business.

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