Mu Linsen plans to increase the capital of 2.3 billion yuan to expand production capacity after half a year

[Text / high-tech LED Zhao Hui] only half a year after the listing of the A-share small and medium-sized board, the package leader Mulinsen (002745.SZ) has raised the banner of additional issuance, and plans to fully expand the packaging and lighting production capacity to meet the LED lighting for the next three years. Golden period.

On the evening of August 10, Mulinsen issued a notice saying that the 16th meeting of the second board of directors of Mulinsen reviewed and approved the “Proposal on the company's 2015 non-public offering plan”. The pricing benchmark date for this is the second session of the company. The announcement date of the 16th meeting of the Board of Directors (August 10, 2015), the issue price is not less than 90% of the company's stock trading average price of 42.34 yuan per share on the 20 trading days before the pricing benchmark date (Note: 20 before the pricing benchmark date) Average trading price of stocks on the trading day = total stock trading volume of 20 trading days before the pricing benchmark date, total stock trading volume of 20 trading days before the pricing benchmark date, that is, not less than 38.11 yuan/share.

According to the additional issuance plan announced by Mu Linsen, the number of non-public offering A shares is expected to not exceed 61.5 million shares, and the net amount of funds to be raised does not exceed 2.316 billion yuan. The funds raised will be used for Xiaolan SMD LED packaging technology transformation project, Ji'an SMD LED packaging phase I construction project and Xinyu LED application lighting phase I construction project.

Among them, Xiaolan SMD LED packaging technology transformation project plans to use 616 million yuan of raised funds. The first phase of Ji'an SMD LED packaging project is planned to invest 943 million yuan, and another 757 million yuan of funds will be invested in the first phase of the new LED application lighting construction project.

According to the “Feasibility Analysis Report on the Use of Raised Funds for Non-public Issuance of Stocks” published by Mulinsen, the above-mentioned projects are expected to achieve a total sales income of 3.74 billion yuan and a net profit of 505 million yuan.

Mulinsen said in the announcement that the implementation of the above fundraising projects will further consolidate the company's leading position in the LED packaging business, and accelerate the company's extension in the downstream LED application lighting field, improve the company's LED industry chain layout, and further strengthen the company's core Competitiveness. The implementation of this non-public offering of shares is not only to better adapt to the good development trend of the LED industry, but also to meet the needs of the company's development strategy.

According to financial report data, the revenues of Mlinsen SMD LED products in the past three years were 600 million yuan, 1.298 billion yuan and 2.079 billion yuan respectively, and LED application product revenues were 168 million yuan, 279 million yuan and 591 million yuan respectively.

As the demand for LED lighting continues to grow rapidly, Mulberrysen's production capacity as a domestic LED package leader and lighting spoiler continues to be tight. The data shows that the capacity utilization rate of Mlinsen SMD LED has reached 91%, 93% and 94% respectively in the past three years. The capacity utilization rate of indoor and outdoor LED lamps is 91%, 97% and 92% respectively. The production equipment is almost full throughout the year. The state of load production, especially at the peak of production every year, although Mulinsen has successively purchased new production equipment in recent years, it still faces the constraints of capacity bottlenecks. Through this fundraising project, it is expected that the production capacity of Mulinsen will be greatly increased, and the pressure on production capacity will be alleviated, which will help the company further expand production and sales scale, expand market share and increase market share.

It is understood that Mulinsen Lighting has 40 domestic agents, 3,000 core distributors and 25,000 sales outlets. The international market is also enjoying a gratifying harvest. In North America, for example, in 2017, the sales volume of Mulinsen North America increased tenfold compared with 2013. The T8 and T5 lamps that received DLC certification contributed. In 2015, Mulinsen expected US sales comparison 2014. The annual growth rate is 2-3 times. And Mulinsen's world brand export map has been drawn: North America, India, the Middle East, Southeast Asia, Central Asia, Russia and Australia are the next development priorities.

"In the interview with Gaogong LED, Ms. Lin Linsen said that in 2015, the application market was a market that the company vigorously expanded. "The expansion of scale and the construction of channels are just one of our strategies to develop the lighting application market this year." . ”

Prior to this, Mulinsen announced that it intends to set up a wholly-owned subsidiary “Shaanxi Mulinsen Lighting Co., Ltd.” with its own funds. The company’s wholly-owned subsidiary, Mulinsen (Hong Kong) Co., Ltd. plans to invest US$500,000 to invest in India to establish a wholly-owned Sun. the company.

Mu Linsen said that the establishment of the above-mentioned wholly-owned subsidiaries and wholly-owned Sun companies will help expand the company's business scale, improve the company's sales channels and sales network, enhance the domestic and international market share and popularity of the company's LED products, and cultivate new profit growth areas for the company. To further enhance the company's comprehensive competitiveness and profitability in the domestic and foreign markets.

Three Phase UPS

Three Phase Online UPS,Tower Online UPS,Rack Mount Online UPS,Isolation Transformer

Shenzhen Unitronic Power System Co., Ltd , https://www.unitronicpower.com