trench! Encapsulated big plant Mu Linsen "burning money" 2.6 billion in two days

On June 28, 2016, Shenzhen Technology signed the Capital Increase Agreement with Epistar, Mulinsen, Yiguanjing, Country Lighting and Largan Bright. Deep Technology, Mulinsen and Largan Bright increased their capital by RMB 450 million. Among them, Shenzhen Science and Technology Capital Increase 1 Mulinsen 300 million yuan to increase capital development on June 28, 2016, Shenzhen Technology and Epistar, Mulinsen, Yiguanjing, Country Lighting, Largan Bright signed the "Increase Agreement", Shenzhen Science and Technology, Mulinsen and Largan Bright The development of the crystal meter has increased the capital by 450 million yuan. Among them, Shenzhen Science and Technology increased capital by 100 million yuan, Mulinsen increased capital by 300 million yuan, and Largan Bright increased capital by 50 million yuan. After the completion of this capital increase, the registered capital of the development of crystal will increase from 136,55.724 million US dollars to 184,494,165 US dollars. Shenzhen Science and Technology, Epistar, Mulinsen, Yiguanjing, Country Lighting and Largan Bright respectively hold 34.37% and 25.95% of the development crystals. 25.50%, 5.84%, 4.54%, 3.80% equity. The shareholding ratio of Shenzhen Technology and the company's wholly-owned subsidiary to develop Hong Kong's total shareholding in Development Crystal will be reduced from 42.07% to 36.88%. Mulinsen said that after the completion of this investment, the company extended its upstream of the LED industry chain through strategic investment, completing the layout of the entire industry chain and playing an important role in the future development of the company. Mu Linsen's 2.3 billion yuan increase in three subsidiaries On June 29, Mulinsen Co., Ltd. (hereinafter referred to as the company) issued a notice saying that the China Securities Regulatory Commission "approved the approval of the non-public offering of shares of Mulinsen Co., Ltd." Approved by the company, the company was approved to issue 83,827,918 new shares at a non-public offering price of 28.01 yuan/share, and the total amount of funds raised was 2,348,019,983.18 yuan. After deducting the issuance expenses, the actual net proceeds raised was 2,315,739,400.00 yuan. The funds raised from this non-public offering are mainly invested in the following projects: Xiaolan SMD LED packaging technology transformation project, the total amount of funds raised is 615.75 million yuan; the first phase of Ji'an SMD LED packaging construction project, the total amount of funds raised is 943,317,300. Yuan; Xinyu LED application lighting construction project, the total amount of funds to be invested is 75,681.11, totaling 231,573,400 yuan. It is reported that after the completion of this capital increase, Mulinsen's asset scale and production capacity will be further enhanced, consolidating its leading position in the LED packaging business, and speeding up the company's extension in the downstream LED application lighting field, and improving the layout of the company's LED industry chain. Further strengthen the company's core competitiveness. After the implementation of the project, the company's industrial chain layout will be more optimized, the competitiveness will be further strengthened, and the business structure will be more competitive.

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