Superstar Technology released an announcement on the use of some super-raised funds to invest in Jiubao headquarters LED lighting tools and practical knife assembly and packaging projects. The company publicly issued 63.5 million shares of RMB common stock (A shares) to the public at an issue price of 29 yuan per share. The raised funds were 1.84 billion yuan. After deducting the expenses such as issuance, the total amount of funds raised by the company was 1.77 billion yuan.
In order to rationally use over-raised funds, improve the efficiency of the use of raised funds, increase the added value of products, and enhance the company's profitability and competitiveness. The company plans to use 80 million yuan of super-raised funds to invest in Jiubao headquarters LED lighting tools and practical knife assembly and packaging projects. Among them, the total investment in fixed assets is 60 million yuan, the working capital is 15 million yuan, and the other 5 million yuan. All of the above funds are invested by the company with over-raised funds, and the foreign investment does not constitute a connected transaction.
The project is implemented in Jianggan Science and Technology Economic Park in Jianggan District of Hangzhou City. The land use right area is 43530 square meters and the use is industrial land. The construction period of the project is expected to be 18 months. After the project is put into production, it will add 2.5 million sets of assembly and packaging production capacity to the company. The annual output value of assembly and packaging will be around 100 million yuan, and it is expected to contribute about 12 million yuan per year.
In order to rationally use over-raised funds, improve the efficiency of the use of raised funds, increase the added value of products, and enhance the company's profitability and competitiveness. The company plans to use 80 million yuan of super-raised funds to invest in Jiubao headquarters LED lighting tools and practical knife assembly and packaging projects. Among them, the total investment in fixed assets is 60 million yuan, the working capital is 15 million yuan, and the other 5 million yuan. All of the above funds are invested by the company with over-raised funds, and the foreign investment does not constitute a connected transaction.
The project is implemented in Jianggan Science and Technology Economic Park in Jianggan District of Hangzhou City. The land use right area is 43530 square meters and the use is industrial land. The construction period of the project is expected to be 18 months. After the project is put into production, it will add 2.5 million sets of assembly and packaging production capacity to the company. The annual output value of assembly and packaging will be around 100 million yuan, and it is expected to contribute about 12 million yuan per year.
Stator Core assembly as a important process, there are kinds of technologies to assemble the stator core. Different sizes of stator cores have different technological processes and application fields. For example, small-sized stator cores are usually assembled by interlocking, and the outer diameter is usually less than 200mm. Large-sized stators are assembled in different ways depending on the motor design, such as stator core by cleating and staor core by welding. We are able to process all methods for stator core assembly based on customers' requirements.
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