Dongjing Electronics issued a supplementary announcement on the partial change of non-public offering fundraising investment projects. In order to improve the efficiency of the use of funds raised by non-public offerings, the company plans to build an annual production capacity of 160 million miniature high-precision SMD quartz crystal resonator production lines. The scale has been reduced to 50 million.
The company will increase the capital of 88 million yuan of non-public funds to invest in the wholly-owned subsidiary Huangshan Dongjing Optoelectronics Technology Co., Ltd. for its implementation of the "annual production of 2.75 million mm LED sapphire crystal rod construction project", the remaining funds of 2.13 million yuan (including this year) The interest income incurred) continues to be used for the subsequent supporting operation of the original project.
The company has an annual production capacity of 160 million miniature high-precision SMD quartz crystal resonator production lines. It originally planned to invest 180 million yuan, purchase 147 sets of production equipment, and build a new plant of 20,000 square meters. The project construction period is 2 years, the third year. It is put into production and reaches 80% of the design capacity. In the fourth year, it enters the production period, and the production capacity reaches 100% of the design capacity.
As of December 31, 2011, the project has invested a total of 77.093 million yuan, completing 42.83% of the investment progress, mainly investing in the purchase of 55 sets of quartz crystal resonator production line equipment, in view of the large market environment in which the project has been implemented. Changes, the company plans to cancel the construction of new plants, reduce the purchase of production equipment, and use the existing plant configuration line. The project is expected to be commissioned in the second quarter of 2012 to form an annual production capacity of 50 million high-precision SMD quartz crystal resonators.
After the fund-raising investment project is changed, the remaining funds of the special account will be 2.13 million yuan, which will continue to be used for the follow-up operation of the original project. The purchased production line is currently being installed and commissioned, and it is necessary to add corresponding tooling and fixtures to improve the operation of the production line; At the same time, the installation and commissioning of new equipment in the early stage, the preliminary trial production and trial production of new products also require corresponding investment.
The company will increase the capital of 88 million yuan of non-public funds to invest in the wholly-owned subsidiary Huangshan Dongjing Optoelectronics Technology Co., Ltd. for its implementation of the "annual production of 2.75 million mm LED sapphire crystal rod construction project", the remaining funds of 2.13 million yuan (including this year) The interest income incurred) continues to be used for the subsequent supporting operation of the original project.
The company has an annual production capacity of 160 million miniature high-precision SMD quartz crystal resonator production lines. It originally planned to invest 180 million yuan, purchase 147 sets of production equipment, and build a new plant of 20,000 square meters. The project construction period is 2 years, the third year. It is put into production and reaches 80% of the design capacity. In the fourth year, it enters the production period, and the production capacity reaches 100% of the design capacity.
As of December 31, 2011, the project has invested a total of 77.093 million yuan, completing 42.83% of the investment progress, mainly investing in the purchase of 55 sets of quartz crystal resonator production line equipment, in view of the large market environment in which the project has been implemented. Changes, the company plans to cancel the construction of new plants, reduce the purchase of production equipment, and use the existing plant configuration line. The project is expected to be commissioned in the second quarter of 2012 to form an annual production capacity of 50 million high-precision SMD quartz crystal resonators.
After the fund-raising investment project is changed, the remaining funds of the special account will be 2.13 million yuan, which will continue to be used for the follow-up operation of the original project. The purchased production line is currently being installed and commissioned, and it is necessary to add corresponding tooling and fixtures to improve the operation of the production line; At the same time, the installation and commissioning of new equipment in the early stage, the preliminary trial production and trial production of new products also require corresponding investment.
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