Dingyuan and Jingfa merged date changed in April

On February 27th, LED factory Ding Yuan (2426) decided by the board of directors that the change of the base date with the crystal light-emitting power was tentatively scheduled for April 29.

On October 19, 2009, Dingyuan decided to merge crystal light-emitting equipment by means of capital increase and share swap. The original date was March 31, 2010 as the base date for the merger. However, due to the annual review of the submitted documents, the current application approval process is still in progress. It was too late to merge on March 31. Therefore, Dingyuan’s board of directors decided to change the merger base date to April 29.

The crystal illuminating power is the LED epitaxial plant of Lijing, and Dingyuan will make the Dingyuan product line complete after it has obtained Jingfa. At present, Jingfa has two blue lights and two four-yuan machines. It is expected to increase to 26 sets of blue light and two sets of four yuan by the end of the year. Since May will come in and add equipment time, it is expected to contribute to Dingyuan's revenue until 2011.
Related stock price 2010/03/01 - 11:35 Dingyuan TWD 25.70 (+1.58%)

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