Alto Optoelectronics plans to use more than 21.18 million super-raised funds to increase investment in LED lighting projects

[High-tech LED News] Recently, Alto Electronics announced that it will use the ultra-raised funds of 21.1836 million yuan to increase the investment in the LED lighting application project of Shenzhen Alto Optoelectronics Technology Co., Ltd. Among them, 14 million yuan will be included in the registered capital, and the rest will be included in the capital reserve. After the capital increase, the registered capital of Alto Optoelectronics will reach 20 million yuan.

It is understood that Alto Optoelectronics has been engaged in the research and development, production and marketing of LED lighting products with its own funds since May 2010. At present, it has developed and piloted LED indoor commercial lighting products. Alto said that in order to seize the development opportunities of the domestic and international LED lighting market, it is necessary to expand the existing LED lighting production scale and research and development capabilities.

According to reports, after the production of Alto Optoelectronics LED lighting application project, it is estimated that the annual income will reach 100 million yuan and the annual average profit will be 15.6093 million yuan. The construction period of the project is 1 year, the production period is 3 years, and the three-year yield is 30%, 60% and 100% respectively.

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