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Company News >> CPT technology billion by increasing the audit by investing in TFT-LCD panel 27th,Mar,2017

CPT announced on May 18 that the China Securities Regulatory Commission issued a review committee on May 18 on the company's non-public offering of shares were reviewed. According to the results of the meeting review, the company's non-public offering of shares to be approved by the application. At present, the company has not yet received written approval from the China Securities Regulatory Commission.

According to the revised plan, CPT plans to not less than 10.5 yuan / share non-public offering of not more than 952 million shares, the total amount of funds raised not more than 10 billion yuan, of which Fujian Electronic Information Investment, Putian Investment commitment are In cash 2.5 billion subscription part of the current issue of shares, and the limited period of 36 months.

The total investment is 12 billion yuan, mainly produces small and medium size display devices, the main target market, including high-end smart phones, differentiated Tablet PC, car display, the main target market, Industrial display, etc .; 1.3 billion yuan to be used to invest in the construction of Ke Li as the construction of touch-screen display device two projects; 300 million yuan to be used to supplement the working capital.

CPT has said that the 6th generation TFT-LCD panel production line project is completed, the company will increase the annual average after-tax profit of 477.42 million yuan, the project before the tax rate of internal income of 7.73%, after-tax internal rate of return of 6.64 %, Sales profit rate of 7.16%, after-tax static investment recovery period of 10. 17 years. The construction period of the second phase project is 2 years. After the completion of the project, the annual sales income will be 1415.27 million yuan, the annual profit will be 633,905,200 yuan, the annual profit after tax will be 538,894,400 yuan, the investment payback period will be 4.48 years (after tax).