Qinshang Optoelectronics resumes trading today, Li Xuliang takes over 469 million yuan of fixed-term increase
After experiencing the collective resignation of senior executives in June, Qinshang Optoelectronics, which has been suspended since June 10, released a fixed-increase plan. The company plans to non-publicly issue 40.33 million shares to Li Xuliang, one of the actual controllers, at a price of 12.30 yuan per share, raising 496 million yuan to supplement working capital. Trading of the company's shares will resume today.
The reporter noticed that after the completion of the non-public issuance, Li Xuliang will directly and indirectly hold 130 million shares of the company, with a shareholding ratio of 31.61%. The number of shares held by his wife Wen Qi will remain unchanged. The two directly and indirectly hold a total of 145 million shares of the company, accounting for 35.05% of the company's total share capital, and will still be the actual controller of the company.
The announcement stated that this non-public issuance will strengthen the company's capital strength, improve the company's equity structure, and enhance the company's ability to resist risks to cope with increasingly fierce market competition. The company will successfully implement its strategic layout and provide financial support to ensure the company's long-term stable development.
At the same time, as one of the actual controllers of Qinshang Optoelectronics, Li Xuliang is optimistic about the company’s development prospects and plans to increase his shareholding in the company through this non-public issuance to consolidate the status of the actual controller, so as to facilitate the stability of the company’s control structure and long-term development.
ANNA