Electronic motors specilized for roller blinds. Large Torque Roller Blind Tubular Motor,Roller Blinds Motors,45Mm Standard Tubular Motor,Electronic Limit Roller Blind Tubular Motor GUANGDONG A-OK TECHNOLOGY GRAND DEVELOPMENT CO.,LTD. , https://www.a-okmotor.com
The plan shows that the company intends to issue 2.728 billion shares to 10 specific targets including Huizhou Investment Control, Guokai Innovation, Ziguang Communication and CITIC Capital at a price of 2.09 yuan/share, totaling a total of 5.7 billion yuan. Among them, the National Development Corporation plans to invest 1.5 billion yuan to subscribe for shares; Ziguang Group, a wholly-owned subsidiary of Ziguang Group, plans to invest 1 billion yuan to subscribe for shares; the executive and employee shareholding platform plans to invest 1.801 billion yuan to subscribe for shares. The lock-up period for this non-public offering is three years.
The TCL Group’s interim report released on the same day showed that the Group achieved operating income of 43.793 billion yuan, up 12.1% year-on-year; net profit attributable to shareholders of listed companies was 1.474 billion yuan, up 90.8% year-on-year. The substantial increase in performance was mainly at the Huaxing Optoelectronics project and communications business. 
TCL Group plans to raise 5.7 billion yuan to focus on new technologies such as OLED
On August 15th, TCL Group (quotation, consultation) announced the plan and resumed trading. The company plans to raise 5.7 billion yuan for the construction and supplement of working capital of Huaxing Optoelectronics t2 project (the 8.5th generation TFT-LCD (oxide-containing semiconductor and AMOLED) production line construction project). The company said that the t2 project is not a simple copy of the first production line, but considers the OLED technology that may be developed in the future, and adopts hybrid cutting technology to increase mainstream size products and realize new technologies such as oxide semiconductors and OLEDs.