On April 5th, the China Securities Regulatory Commission issued the first application of Foshan Guoxing Optoelectronics Co., Ltd. on April 2, and the initial application of Hainan Natural Rubber Industry Group Co., Ltd. failed. The GEM Board of Auditors held on the same day passed the initial application of Hainan Kangzhi Pharmaceutical Co., Ltd. and Chengdu Guoteng Electronic Technology Co., Ltd.
   It is reported that Guoxing Optoelectronics is mainly engaged in research, development, production and sales of LED devices and components. In addition, the company has been providing tuner and LIB (lithium battery) power manager for Sanyo Telecommunications Co., Ltd. for more than 20 years. Material processing. The plan is to issue no more than 55 million shares, and the total share capital after the issue will not exceed 215 million shares . The funds raised are intended to be used for: new surface mount LED technology retrofit project, power LED and LED light source module technology transformation project, LED backlight technology transformation project and key technology and industrialization of semiconductor lighting, with a total investment of 514 million yuan. The amount of funds to be used for the proposed fund is 504 million yuan.
   The GEM Board of Auditors is scheduled to hold the 17th review meeting in 2010 on April 8 to review the initial applications of Jiangsu Jintongling Fan Co., Ltd. and Hebei Hengxin Mobile Commerce Co., Ltd. (Yangcheng Evening News)
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