Dehao Runda's 3.5 billion yuan additional issue was approved by the China Securities Regulatory Commission

[High-tech LED News] On October 13, 2011, Dehao Runda received the approval of the China Securities Regulatory Commission on the approval of the non-public offering of shares by Guangdong Dehao Runda Electric Co., Ltd. More than 150 million new shares shall be issued in strict accordance with the application documents submitted to the China Securities Regulatory Commission. The approval shall be valid for 6 months from the date of approval of the issuance (October 8, 2011).

The total amount of funds raised from this non-public offering of shares shall not exceed RMB 350,000. The total investment of the fundraising project is RMB 498,185,870, and the actual raised funds will be allocated to the above two projects at a ratio of 80% and 20%. The part of the actual raised funds that cannot meet the investment needs of the above projects will be solved by the company's own funds.

According to the previously published “Feasibility Report on the Use of Raised Funds by Non-Public Issuance of Stocks”, the two fundraising projects are the Wuhu LED epitaxial wafer production project and the supplementary liquidity project. This is the second large-scale expansion of LED production capacity after the company completed the issuance of 1.5 billion yuan in November last year.

Among them, Wuhu LED epitaxial wafer production project is planned to be implemented by Wuhu Dehao Runda Optoelectronics Technology Co., Ltd., a wholly-owned subsidiary of the company. The project plans to purchase and install 150 sets of MOCVD and its supporting R&D testing and production equipment, and build a new production, R&D test and supporting workshop of 62,560 square meters for the production of LED epitaxial wafers. After the project is completed and put into production, it will form an annual production capacity of 1.8 million 4-inch LED epitaxial wafers.

Dehao Runda said that by the end of this year, the Wuhu Industrial Base will initially form a complete LED industry chain. At present, six MOCVD equipments have been mass-produced in Wuhu, 12 MOCVD equipments are in trial production, and 36 units are undergoing pre-production commissioning. The $3.5 billion raised will be used to introduce 80 to 100 MOCVD equipment in the next step.

Piezoelectric Ceramic are a ferroelectric compound. This means, that the electro-mechanical conversion process for producing a motion is related a kind of self-enhancement process based on an internal reorganization of the material's structure. This self-enhancement process results in the higher piezoelectrical efficiency of PZT when compared to natural materials like quartz.

Piezoelectric ceramic are generally manufactured from PZT (Pb - lead, Zr - zirconium, Ti - titanium). The PZT- formulation can be varied with a variety of dopants allowing for a broad spectrum of material properties optimized for different application profiles.

Yuhai Company is able to manufacture piezoelectric ceramic elements in a wide range of shapes and sizes. piezoelectric discs, piezo rings, piezo plates, and piezo tubes (cylinders) is the main shapes Yuhai Company most frequently manufactures, we also have a great deal of experience manufacturing hemispheres, trapezoids and other customized shapes.

If the listed shapes and sizes was not the elements you are looking for, please contact us for more information. We can work with you to create the correct shape and size for you.

PZT Piezoelectric Elements

Piezoelectric Elements,Piezo Ceramic Disc,Piezoelectric Ceramic Discs,Pzt Element

Zibo Yuhai Electronic Ceramic Co., Ltd. ,

Posted on