[High-tech LED News] On May 9, Hongli Optoelectronics (300219) first issued shares and appeared on the GEM online road show. Vice President and Secretary-General Zhou Jiaxuan said in the first roadshow that with the continuous improvement of the quality of domestic LED high-grade raw materials, the company will gradually adopt domestic LED high-grade raw materials, and then avoid the risks associated with the import of some high-end raw materials.
Zhou Jiaxuan also said that because domestic LED chips and phosphor manufacturers apply for fewer invention patents in major countries and regions such as Japan, the United States, and Europe, there is a risk of patent litigation, and the company will take a series of measures to avoid such risks as much as possible.
Hongli Optoelectronics has confirmed that the issue price of the first issue of A shares is 16 yuan / share, corresponding to a price-to-earnings ratio of 32.04 times, and will be implemented online and offline on May 10, 2011.
Zhou Jiaxuan also said that because domestic LED chips and phosphor manufacturers apply for fewer invention patents in major countries and regions such as Japan, the United States, and Europe, there is a risk of patent litigation, and the company will take a series of measures to avoid such risks as much as possible.
Hongli Optoelectronics has confirmed that the issue price of the first issue of A shares is 16 yuan / share, corresponding to a price-to-earnings ratio of 32.04 times, and will be implemented online and offline on May 10, 2011.
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