It is reported that Ledman Optoelectronics plans to issue no more than 104,853,009 A-shares to specific targets, and the total amount of funds raised will not exceed 689 million yuan, which will be invested in the Ledman Optoelectronics COB ultra-high-definition display reconstruction and expansion project and to supplement working capital.
Among them, the total investment in the Ledman Optoelectronics COB ultra-high-definition display reconstruction and expansion project is 539 million yuan, and it is planned to use 539 million yuan of raised funds. The expansion project is located in Lehman Optoelectronics Industrial Park, Dongjiang Science and Technology Park, Huizhou City, Guangdong Province. The construction content includes the construction of a new 44,583.66 m2 production plant, staff dormitories and supporting engineering facilities, as well as the purchase of a series of production equipment and other auxiliary equipment. The project's designed production capacity is 72,000.00 m2 (capacity is converted based on 1.5mm pitch products).
Ledman Optoelectronics stated that display panel products based on COB technology are one of the company's core main businesses, and their proportion of the company's LED display panel business revenue has increased year by year, with strong market demand. However, the company's existing COB display panel production capacity is limited and cannot meet the growing market demand.
Therefore, the production capacity of this investment project will be used to produce small-pitch or Micro LED display panels based on COB technology, expanding the company's competitive advantages in the field of small-pitch LEDs, especially Micro LED displays, further increasing the company's sales scale and profitability, and strengthening and improving the company's ability to resist risks and comprehensive competitive strength.
ANNA