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Electronic information

4.5 generation display project BOE 300 million capital increase

In Electronic Infomation Category: R | on November   1, 2010

BOE (000725) Notice, as affected by the earthquake and PCM1715U datasheet and related materials prices, labor costs, logistics costs increased, in accordance with the development of the project before the budget is difficult to successfully complete the construction of the project; and PCM1715U price and after the procurement of equipment lower valuation, and PCM1715U suppliers and also to meet the market requirements, improve the competitiveness of companies, the need to increase investment in the procurement of equipment.

According to construction progress of the actual situation and the re-establishment of the feasibility study report, to increase investment 30,395 million yuan and total investment of 341,395 yuan, increasing 9.77%. Sources of funds: enterprise self 1.83 billion yuan, domestic loans, 15.8395 million yuan. The increased investment in the Sichuan Provincial Development and Reform Commission to re-record.

Same time, the Company and the Peoples Government of Hefei, Hefei Xincheng State-owned Assets Management Co., Ltd., Hefei Construction Investment Holding (Group) Limited 12 September 2008 signed the "thin-film transistor liquid crystal display Hefei (TFT- LCD) 6 on behalf of the Line Investment Framework Agreement ", the agreement still need Board of Directors, shareholders approved the entry into force

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