Lens Technology (300433), which was listed on the GEM in less than 3 months on the market on March 18 this year, released a private placement plan on the evening of June 1. The company plans to issue non-public offerings to five specific targets. More than 100 million shares were raised, and the total amount raised did not exceed 6.026 billion yuan, of which 3.402 billion yuan was used for sapphire production and intelligent terminal application projects, 1.624 billion yuan was used for 3D curved glass production projects, and 1 billion yuan was used to supplement working capital. The company's shares will resume trading on June 2.
According to reports, through years of intensive cultivation and accumulation in the field of protective glass, the company has established industry-leading technical advantages, and has developed layouts in the fields of sapphire and 3D curved glass according to market demand, and has mastered mature production technology.
Lens Technology said that this non-public issuance of shares will enhance the company's core competitiveness, optimize the company's asset and liability structure, reduce financial risks, meet the company's financial needs for operations, and enhance the company's capital strength.
ANNA