ST Ganhua increased the total investment in LED epitaxial wafer production projects to 836 million

[High-tech LED News] ST Ganhua announced the revised version of the non-public offering plan, and adjusted the total investment of the project “LED epitaxial film production project” from the original plan from 700 million yuan to 836 million yuan, of which funds were raised. It invested 600 million yuan and invested 236 million yuan in self-raised funds. The amount of funds to be invested is unchanged.

On February 15 this year, ST Ganhua disclosed the private placement plan. According to the plan, Delixi Group intends to subscribe for 120 million shares issued by ST Ganhua at 6.78 yuan/share, and the actual net proceeds raised is about 790 million yuan; Among them, 600 million yuan is used for "LED epitaxial wafer production project", 190 million yuan is used for "yeast bioengineering technical transformation and expansion project", and the rest is supplemented by the company's self-raised funds.

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