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BOE 46 billion financing line LCD or new technology will become the alternative to

Penulis : Unknown on Thursday 15 August 2013 | 07:01

Closely watched BOE A460 Billion Non-public offering plan before the dust settles, won the vote at general meetings. However, Japan, Korea and Taiwan enterprises OLED emergence of new technologies on the market outlook is not optimistic about the future of the BOE. Industry insiders said the BOE current practice is a typical "pursuing big" mentality.

According to the Beijing Youth Daily reported that the market has been concerned about the BOE A shares set by the program on August 12 received a general meeting of shareholders vote. BOE announcement yesterday disclosed the news.

Historical data show that the BOE has been listed since 2001, the cumulative loss amount of more than 8.0 billion cumulative dividend amount 118 million yuan, the most recent dividend or in 2004. However, this did not affect the BOE gold absorption capacity.

According to statistics, the BOE 2001 IPO fund-raising 975 million yuan, in 2003, respectively, since the investment in LCD panel production in 2006-2010 four times the implementation of additional, actual total funds raised 49.979 billion yuan. Scroll BOE earnings report shows that in recent years the company continued loss, profit, loss for the year 2010, the amount of which more than 2 billion yuan. Since late last year as the industry gradually improved, profitability improved, the annual net profit of 256 million yuan; net profit of 287 million yuan in the first quarter of this year, and is expected in the first half earnings will be more than 820 million.

In the 12th general meeting, BOE chairman Wang Dongsheng said the company's future goal is to become the industry leader, if more than 5 years do miss out on investment opportunities, BOE coming into the world top three goals will be empty talk, This is also the company's point of departure of this large-scale financing. "If you come back to do another five years the current investment opportunity missed, BOE coming into the world top three goals will be empty talk, which is the company's point of departure for this large-scale financing." Wang Dongsheng said.
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