Dehao Runda issued a non-public offering of shares and a listing announcement. The company issued 100 million new shares. The listing date was April 6, 2012. The price of this non-public offering was 15.61 yuan/share.
As of March 21, 2012, Dehao Runda raised a total of RMB 1.56 billion. After deducting the issuance expenses, the company raised a net amount of RMB 1.52 billion, including a share capital of RMB 100 million and a capital reserve of RMB 1.422 billion.
The fund-raising investment projects include investing in LED epitaxial film projects and supplementing the company's working capital. The investment projects are in line with national industrial policies, industry development trends and the company's overall development strategy, and have good market development prospects and economic benefits. The successful implementation of the company's LED epitaxial wafer production line project can enhance the company's technical grade and gain a dominant position in the upstream of the LED industry chain. After the completion of this issuance, the company's main business will not change.
As of March 21, 2012, Dehao Runda raised a total of RMB 1.56 billion. After deducting the issuance expenses, the company raised a net amount of RMB 1.52 billion, including a share capital of RMB 100 million and a capital reserve of RMB 1.422 billion.
The fund-raising investment projects include investing in LED epitaxial film projects and supplementing the company's working capital. The investment projects are in line with national industrial policies, industry development trends and the company's overall development strategy, and have good market development prospects and economic benefits. The successful implementation of the company's LED epitaxial wafer production line project can enhance the company's technical grade and gain a dominant position in the upstream of the LED industry chain. After the completion of this issuance, the company's main business will not change.

Tubular Stranding Machine
Tubular and planetary stranding machines for production of Steel Wire ropes.
Tubular rotor supported by bearing, bearing lubrication by centralized circulating oil.
Planetary cages supported by bearing or under roller, with back twist.
Lay length optional by gearbox or by electrical system.
Machine design customized.
Tubular Strander,Stranding Machine,Wire Stranding Machine,Tubular Stranding Machine
ROYAL RANGE INTERNATIONAL TRADING CO., LTD , https://www.royalrangelgs.com