2013-06-26
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...
Continue reading →