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Electronic information

The case of accumulation of LED product lines through private partner to be determined

In Electronic Infomation Category: R | on April   27, 2011

Accumulation (3527) on June 3 meeting, the shareholders of 250 million shares by the amount passed in the case of private placement, the company said it would continue to look for strategic partners, is currently no identified object. The 2008 operating earnings distribution lists and, with that cash dividends per share of about 6 million, the board passed a resolution after the ex-dividend trading day June 23.

250 million shares in the amount of accumulated within the private case, planning to introduce LED product lines related to strategic partners. However, accumulation of said at least 5,6 or more objects to negotiate, but has not yet been formally identified partners.

Accumulated 1.293 billion yuan in revenue last year, about 7.4% annual rate, after-tax net profit of 255 million yuan, 8.65 yuan per share after-tax earnings, shareholders will be found through the allotment of cash dividends with 6 yuan per share, to close yesterday price estimates, the cash dividend yield of about 3.6%.

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