Rainbow shares recently decided to raise funds through non-public offering of shares to develop 8.5-generation LCD glass substrate production line and 4.5-generation AMOLED production line. The proposed stock is not to be sold over 430 million shares, and the additional price is not less than 14.3 yuan per share. Will not exceed 6.08 billion yuan.
The object to be issued is the actual controller of Rainbow, Rainbow Group, the company's controlling shareholder, Rainbow Group Electronics Co., Ltd., and the proposed strategic investor, Foshan Shunde Chengshun Asset Management Co., Ltd., etc. .
It is understood that Rainbow has already produced PMOLED in batches, so it invested 1.6 billion yuan to develop the 4.5-generation AMOLED production line project. The contractors of these two projects are Rainbow (Foshan) Flat Panel Display Glass Co., Ltd., of which the 8.5-generation line project is located in Foshan. .
The object to be issued is the actual controller of Rainbow, Rainbow Group, the company's controlling shareholder, Rainbow Group Electronics Co., Ltd., and the proposed strategic investor, Foshan Shunde Chengshun Asset Management Co., Ltd., etc. .
It is understood that Rainbow has already produced PMOLED in batches, so it invested 1.6 billion yuan to develop the 4.5-generation AMOLED production line project. The contractors of these two projects are Rainbow (Foshan) Flat Panel Display Glass Co., Ltd., of which the 8.5-generation line project is located in Foshan. .
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