Canyuan with the Japanese Mitsui and East Bay Alliance and attack the mainland market in Japan

Canyuan photoelectric (3061) official announced that the case will be the introduction of private canyuan Japan's largest trading group Mitsui and LED packaging factory donbei photoelectric (2499), has recently signed a contract with Mitsui warrants, the fastest in January 2011 is expected to be in place of money. The three party alliance and attack the mainland market in japan.

Canyuan private capital is the cash price of 36.44 yuan per share, issued 90 million shares, raising 3 billion 200 million yuan NT, January 2011 to complete the private case, infodisc to subscribe for 15 million 300 thousand shares, the East Bay of canyuan holdings amounted to 4.2%. Japan's Mitsui will subscribe for 74 million 690 thousand shares, approximately 15% stake, is the largest single shareholder; 2011 canyuan shareholders board elections, does not exclude the Mitsui will obtain a seat board.

Mitsui career following tour pathway, and Japanese SHARP, SONY (Sony) have good relations of cooperation, will become the downstream canyuan LED epitaxial haikou. In the case of private canyuan, Mitsui and Taiwan for the first time for the manufacturers, is Japan's Mitsui has always been the largest in the LED layout.

In addition, Mitsui holds the world's largest monitor manufacturer AOC 16% stake, has a huge sea on the LCD panel and television, with the introduction of Mitsui capital and channel resources, will gradually strengthen canyuan backlight layout in LED.