Sino-US crystal company Sino-US Blue Crystal held a board meeting on December 4, and the resolution passed the date of the merger with Zhaoyuan Technology on January 1, 2013. Zhaoyuan Technology is a surviving company, and the combined paid-up capital will be NT$1.68 billion.
After the merger of Sino-US Blue Crystal into Zhaoyuan Technology, according to the proportion of shares approved by the competent authority, the shares of Sino-US Blue Crystal common stock will be exchanged for 1.8967 shares of Zhaoyuan Technology, and it is estimated that Sino-US Jingjing will hold Xinzhao. Yuan Technology has a 43% stake and is the largest legal person shareholder.
The merger has consolidated the resources of both parties. In addition to integrating production and complementary production lines, it can also effectively integrate the two technical patents and research and development energy. Sino-US Blue Crystal deep ploughing sapphire expertise, accumulated a lot of precious experience and deep strength, and will authorize Zhaoyuan Technology up to 83 patents, covering the technical level of patterned sapphire substrate and long crystal technology, plus Zhaoyuan Technology The expertise in sapphire wafer processing, the production and R&D advantages of both parties will be integrated to expand the technical differences with competitors and enhance overall competitiveness.
It is estimated that the total production capacity of the flat and patterned sapphire substrates of Sino-US Blue Crystal and Zhaoyuan Technology will reach 810,000 and 400,000 respectively, and the production capacity will leap to the leading position of domestic sapphire substrates. Xinzhaoyuan will merge by The emergence of benefits, enhance the company's international competitiveness and market share, further consolidate market leadership and create greater benefits for both shareholders and employees.
After the merger of Sino-US Blue Crystal into Zhaoyuan Technology, according to the proportion of shares approved by the competent authority, the shares of Sino-US Blue Crystal common stock will be exchanged for 1.8967 shares of Zhaoyuan Technology, and it is estimated that Sino-US Jingjing will hold Xinzhao. Yuan Technology has a 43% stake and is the largest legal person shareholder.
The merger has consolidated the resources of both parties. In addition to integrating production and complementary production lines, it can also effectively integrate the two technical patents and research and development energy. Sino-US Blue Crystal deep ploughing sapphire expertise, accumulated a lot of precious experience and deep strength, and will authorize Zhaoyuan Technology up to 83 patents, covering the technical level of patterned sapphire substrate and long crystal technology, plus Zhaoyuan Technology The expertise in sapphire wafer processing, the production and R&D advantages of both parties will be integrated to expand the technical differences with competitors and enhance overall competitiveness.
It is estimated that the total production capacity of the flat and patterned sapphire substrates of Sino-US Blue Crystal and Zhaoyuan Technology will reach 810,000 and 400,000 respectively, and the production capacity will leap to the leading position of domestic sapphire substrates. Xinzhaoyuan will merge by The emergence of benefits, enhance the company's international competitiveness and market share, further consolidate market leadership and create greater benefits for both shareholders and employees.
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