Application of crystal to be combined downstream application

Crystal power on May 6th announced that the board of directors of the resolution to simplify the merger of Au Optronics Co (formerly Taiwan solid state lighting). Crystal electric to NT $1.46 per share in cash for the price paid to the core element except crystal electric outside the remaining shareholders, and the merger of the rationality of the cash price, the Commission requested the independent expert opinion issued by the rationality, as of June 29, 2015 the combined reference book temporarily.

The product and its related application and system core element photoelectric main solid-state lighting devices, Department of crystal electric is approximately 97.95% owned subsidiary of the company, both sides on the basis of Enterprise Merger Law nineteenth, company law and other relevant laws with simple.

Crystal electricity, said the purpose of the merger is an effective combination of resources, integration of related technologies, reduce costs and promote rational management.

On the same day, EPISTAR announced that the company board of directors for private cash capital common stock plan, the number of shares issued by not more than 165 million shares limit, if the amount of all the successfully issued shares accounted for about 13.03% of the equity capital.

The crystal electric current prices, is expected to raise 8 billion yuan (about 1 billion 617 million yuan) above the capital, but the crystal electric canyuan after merger, capital has increased to 11 billion 16 million yuan (about 2 billion 226 million yuan), if 165 million shares full foot, equity will increase to 12 billion 666 million yuan (about 2 billion 560 million yuan).

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