An expansion of fund-raising 3 billion 300 million yuan Taiwan factory Co.

LED grain factory before Sanan optoelectronics announcement will be the way of non-public offering of shares to 8 specific investors issued 151 million shares, the issue price of 21.8 yuan, the total funds raised 3 billion 300 million yuan, the expected funds will be used mainly for Wuhu two expansion, the market is estimated from the current three MOCVD machine 144 units to 244 units the scale of production capacity, leading to the Taiwan crystal power plant (about 300 units), but the industry believes that the funds for long-term planning an expansion, the short term will not be 100 new machines all in place, so the factory is still very limited.

An early plan of Wuhu two expansion, coincides with the LED industry downturn, after several delays, until May of last year to restart, and from the way of raising the public issuance of shares for private capital changes, the size of funds from 4 billion yuan down to 3 billion 300 million yuan, of which, 2 billion 800 million yuan will be put into the two stage project of Wuhu photoelectric.

Three is currently a total of 144 sets of MOCVD machines, respectively, Xiamen 22, Tianjin 19, Anhui (Wuhu) 103, while the market is estimated that Wuhu two will add 100 Taiwan MOCVD machine, then an operator number will reach 244 units, not only to consolidate the leading position of the whole plant, and can also show the scale leading to the Taiwan crystal power plant more close.

Taiwan Optoelectronics Association (PIDA) industry analysts said, recalling past Sanan expansion context, 2009 total MOCVD number of machines only 22 units, increased to 77 in 2010, and the company is excellent in the LED industry market in 2010, Wuhu into a building, to 2011 increased to 143 the number, but in the LED industry in the past 2 years when the market continued to decline, the units are maintained at 144 level.

Taiwan industry believes that in the 2010~2011 LED capacity shortage, three to 1 years in one fell swoop was nearly 70 units, but there are nearly 2 years production experience after that pile up in excess of requirement, the next three expansion plan will not forward, meaning expansion period of two Wuhu declaration and to consolidate its leading position, estimated that 100 new machines will not in the short term (about 1 years) in one step, may be up to 2~3 years have enabled, so to the market supply and demand and the Taiwan factory is still very limited.