Aucksun’s financial statement for first half of 2015 revealed, the company’s revenue rose 9.73% from a year earlier in 2Q15 to RMB 732 million (US$ 126 million), with RMB 137 million net profit, translating into 31.27% Year-on-Year (YoY). Net profits rose71.17%YoY to RMB 152 million. The reported net income attributable to shareholders is RMB 132 million, reflecting a 92.93% growth compared to the same period last year.

Recently, Aucksun released non-public issue plan that it intends to issue not more than 100 million shares at not less than 5.12 Yuan / share, it will raise funds not more than 512 million Yuan to construct LED epitaxial wafers and chips Industrialization Project (the first phase) and supplement working capital. If this additional issuance is completed, Aucksun will gradually establish its double main businesses development model of the LED business coupled with metal logistics distribution. Aucksun estimates that the additional LED project can make net profit of 168 millio...

Aucksun announced its non-public offering plan that it intends to issue not more than 100 million shares at the price of not less than 5.12 Yuan / share. It can raise funds of 500 Million Yuan net of issuance costs, 400 million Yuan will be invested to develop LED epitaxial wafer and chip projects, and the remaining amount will be considered as supplement of working capital. The better external environment of LED industry promotes the company to accelerate development of the project. Since 2011, Aucksun formed a strategy to develop metal logistics operations and LED epit...