On the evening of December 20th, “G20-LED Summit member company” Lianchuang Optoelectronics announced that the company intends to cooperate with Jiangxi Yuanrong Optoelectronics Technology Co., Ltd. (“Yuanrong Optoelectronics”) and Research Optoelectronics Technology (Zhangzhou) Co., Ltd. Referred to as “Ya Chuang Optoelectronics”, Jiangxi Lianrong New Light Source Collaborative Innovation Co., Ltd. was jointly established to accelerate the development and technology improvement of the company's semiconductor lighting industry and promote the development of the LED industry.

According to the plan, Lianchuang Optoelectronics invested 65.5 million yuan, the shareholding ratio was 81.875%; Yuanrong Optoelectronics invested 13 million yuan, the shareholding ratio was 16.25%; Yanchuang Optoelectronics invested 1.5 million yuan, the shareholding ratio was 1.875%. The new company is mainly engaged in the research and development, production and sales of semiconductor lighting LED optoelectronic materials, devices, light source applications and lighting lamps; development and sales of electronic products such as information technology products and network products; computer system integration, software development, and technical consultation. Service, etc.

It is reported that the Jiangxi Provincial Department of Science and Technology issued the “Interim Measures for the Management of Collaborative Innovations in Strategic Emerging Industries in Jiangxi Province” in July 2013, which clearly provides financial support for each collaborative innovation entity, of which 20 million is the financial guidance fund of Jiangxi Province. Yuan, and asked the municipal government where the innovation is located to support the financial guidance of 20 million yuan, and the provincial and municipal financial funds will be returned in principle after three years. Lianchuang Optoelectronics was listed as one of the first companies to approve the establishment of a collaborative innovation company.

In order to invest in the above, the company plans to reduce the total amount of funds raised from the “Semiconductor Lighting Source Industrialization Project” from RMB 97.749 million to RMB 65.5 million. At the same time, the remaining funds of the “Semiconductor Lighting Source Industrialization Project” will be changed to the newly established Jiangxi Union. Rongxin Light Source Collaborative Innovation Co., Ltd., the new company continues to implement the semiconductor lighting source industrialization project.

Lianchuang Optoelectronics said that this foreign investment aims to fully strive for government financial support, through the use of interest mechanisms and collaborative innovation, integrated use of industrial chain resources, improve the independent innovation capability of enterprises, form independent intellectual property rights technology with obvious technological advantages, and accelerate the company's semiconductor industry. The development of the lighting industry and technological upgrading will promote the development of the LED industry and realize the economies of scale of the LED industry, thereby improving the efficiency of the use of funds raised by the company, accelerating the construction progress of fundraising projects, and generating good economic benefits as soon as possible.

Lianchuang Optoelectronics also announced that the company plans to publicly issue corporate bonds of not more than 500 million yuan (including 500 million yuan). The bond term is no more than 5 years (including 5 years) and can be a single-term variety or a mixed variety of multiple terms. After the proceeds are deducted from the issuance expenses, they are intended to repay corporate debt, improve the debt structure, and supplement working capital.

Nominal Diameter (mm)

Diameter Tolerance (mm) Tensile strenght (Mpa) Yield strenght (Mpa) Elong.at max.force Bending number 180o
4 ±0.04 1470 1290 3.50% 4
4.8 1570 1380
5.00 ±0.05 1670 1470
1770 1560
1860 1640
6.00 1470 1470
6.25 1570 1570
7.00 1670 1670
7.50 1770 1770
1860 1860
8.00 ±0.06    
9.00 1470 1470
9.50 1570 1570
10.00 1670 1670
11.00 1470 1290
12.00 1570 1380

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Gavanized Steel Wire

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