Huaxan photoelectric intends to raise funds no more than 2 billion 100 million, a subsidiary of 300 million yuan bonus.

Yesterday (14), Hua can optoelectronic announcement issued, the company to meet the needs of business development funds, enhance capital strength and profitability, intends to non-public issuance of shares, raise funds not more than 2 billion 99 million 889 thousand yuan for "white LED, Mini/Micro LED development and production line expansion project", "MEMS inertial sensor development and industry" "Project", "vertical cavity surface emitting laser chip (VCSEL) development and industrialization project", and replenish liquidity.

According to the announcement, the company's choice of securities issued this time is to issue non-specific shares to specific objects. The type of stock issue is RMB common stock listed in China (A shares), with a face value of RMB 1 per share.

On the same day, Hua can photoelectric announced that the company recently received Yunnan Blue Crystal Technology Co., Ltd. (hereinafter referred to as "Yunnan Blue Crystal") cash dividends 300000000 Yuan. Yunnan blue crystal is a wholly owned subsidiary of the company incorporated into the consolidated statements. The company holds a 100% stake in Yunnan blue crystal.

The company said that the above profit distribution will increase the net profit of the parent company in 2018, but it will not increase the net profit of the 2018 consolidated annual report. Therefore, it will not affect the overall performance of the company in 2018.

In addition, huaxan photoelectric also disclosed the announcement of the first three quarters of 2018. The company expects to achieve a net profit of 476 million 830 thousand yuan, -53907 million yuan, attributable to shareholders of Listed Companies in January 1, 2018 -2018, representing an increase of 28%-45% over the same period last year. Among them, it is estimated that the net profit attributable to shareholders of Listed Companies in the third quarter will reach 163 million 390 thousand yuan -22563 million yuan, an increase of 5%-45% over the same period last year, 155 million 610 thousand yuan.

For more LED related information, please click LED net or pay attention to WeChat public account (cnledw2013).