The application of the market continues to expand the three fund-raising 3 billion 500 million overweight LED

In June 2nd, three optical announced in 2015 the non-public offering of A shares plan and feasibility analysis to raise funds. The number of non-public offering of shares of this company does not exceed 157 million 399 thousand and 100 shares (including 157 million 399 thousand and 100 shares), the total amount of funds to be raised not more than RMB 3 billion 510 million yuan. Of which 1 billion 910 million yuan for the Xiamen photovoltaic industry (phase two) project, 1 billion 600 million yuan for the communications microelectronics devices (phase I) project.

It is understood that the Xiamen photovoltaic industry (two) project total investment of 3 billion 645 million 100 thousand yuan, construction period of 24 months, mainly engaged in the production of LED epitaxial wafers and chips. The project plans to build a new 611 thousand and 500 piece / epitaxial film production line (with an equivalent of 4 inch piece of product), and the new supporting chip production line of 2 sets of. After the completion of the project, will form an annual output of ultra-high brightness LED blue, green epitaxial film 1 million 223 thousand (equivalent to 4 inches product), chip production capacity of 30 billion 605 million.

Xiamen optoelectronic industry (two) project by a subsidiary of Xiamen Sanan optoelectronics, communications electronics (a) project by a subsidiary of Xiamen integrated circuit implementation, the issue to raise funds in place, the company will invest the way to increase the implementation of equity investment projects subject. Xiamen integrated circuit new registered capital from 65% to three optical electronics communication (a) project was all to raise funds subscribed, the new registered capital of 27.5% by Xiamen Airlines International Investment and the development of the integrated circuit industry equity investment fund partnership (limited partnership) subscribed, 7.5% new registered capital of Dexing by Xiamen Airlines equity investment fund partnership (limited partnership) subscribed, Chengdu Yaguang electronics Limited by Share Ltd to abandon the right of capital.

The capital increase price is determined by the audited net asset value of the Xiamen integrated circuit before the capital increase. If the net proceeds of the offering less than the project to raise funds to be invested, the lack of self financing by the company. To grasp the market opportunity, as soon as possible to complete the investment projects to raise funds, raise funds in this place, the company will be based on the actual situation of the project progress with its own funds and bank loans raised funds into, and to be replaced after raising funds.

Sanan optoelectronics said, LED lighting applications continue to expand the market scale, driven by demand for existing LED lighting application customer increment. At present, the global LED industry has entered a rapid development period, according to LEDinside statistics, in 2012 the global LED lighting market reached $10 billion 400 million. Among them, Chinese lighting market is second only to the European market the world's second largest lighting market, the popularity of LED lighting products in emerging markets China market as the representative of the leading global lighting market LED lighting products market capacity growth. According to LEDinside estimates, by 2015, the global LED lighting market share is as follows:

Source: LEDinside

According to LEDinside is expected, by 2015 the global lighting market size will reach $82 billion 100 million, of which LED lighting market size will reach $25 billion 700 million, an increase of 147% compared to 2012, LED market penetration will reach $31%.

The continued growth of the global LED lighting applications market capacity, will drive the issuer's original LED lighting applications overall growth in customer demand. The sales team will continue to strengthen the maintenance of existing customers and incremental demand mining, to ensure the smooth digestion of the project capacity.

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