Hongli Optoelectronics announced on the evening of August 4 that it plans to issue no more than 30 million shares in a non-public offering and raise total funds of no more than 725.49 million yuan, which will be used for SMD LED construction projects, acquisition of 49% equity of Liangyou Hardware and capital increase projects and supplementary working capital.
According to data, Hongli Optoelectronics is mainly engaged in LED packaging and application. It is a leading domestic white light LED packaging company. It is mainly engaged in the research and development, production and sales of LED devices and application products. Its products are widely used in many fields such as general lighting, backlight sources, automotive signals/lighting, special lighting, special lighting, display screens, etc. The smooth implementation of this fundraising project will help the company further expand the scale of its LED packaging business, improve the industrial chain, and enhance the company's profitability.

ANNA