Shuangxiang shares plans to increase investment of 550 million yuan to invest in high-performance optical grade liquid crystal materials
The announcement of Shuangxiang Shares is intended to be non-publicly issued at a price of 24.23 yuan/share, not exceeding 22.55 million shares, and the total amount of funds raised shall not exceed 546.378 million yuan. The company's stock resumed trading on May 10.
China Research Network News:
The announcement of Shuangxiang Shares is intended to be non-publicly issued at a price of 24.23 yuan/share, not exceeding 22.55 million shares, and the total amount of funds raised shall not exceed 546.378 million yuan. The company's stock resumed trading on May 10.
In the fundraising project, the annual production of 40,000 tons of PMMA high-performance optical grade liquid crystal material technology upgrade and expansion project is planned to use 238.38 million yuan, the annual output of 24,000 tons of PMMA optical grade sheet project is planned to use 22,874,400 yuan, and the optical materials research and development center project is to use 7925.40. Ten thousand yuan.
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PMMA has excellent transparency, optical properties, weather resistance, chemical resistance, impact resistance and aesthetics. It is a high-grade material known as the "Queen of Plastics".
The completion and commissioning of this fundraising project will enable the company's main business (PMMA industry) to expand in all aspects of breadth and depth, making the company's product structure more reasonable, and the product's scientific and technological content and market competitiveness will be greatly improved. In order to comprehensively enhance the comprehensive strength and industry status of Suzhou Double Elephant, it is beneficial to enhance the overall profitability of the company and enhance the overall market competitiveness and risk resistance of the company.