Shenzhen Wanrun Technology Co., Ltd. started its IPO on January 18, 2012. The company plans to issue 22 million shares, with a total issued share capital of 88 million shares, which is planned to be listed on the Shenzhen Stock Exchange.
The funds raised will be mainly invested in three projects, namely, a new high-efficiency patch-type LED production and construction project, an LED green energy-saving lighting production project and an enterprise technology research and development center project.
The three investment projects were implemented by Guangdong Hengrun Photoelectric Co., Ltd., a wholly-owned subsidiary of Wanrun Technology. The project construction site is located in the North Industrial City within the Songshan Lake Science and Technology Industrial Park, with a total planned investment of nearly RMB 250 million.
The funds raised will be mainly invested in three projects, namely, a new high-efficiency patch-type LED production and construction project, an LED green energy-saving lighting production project and an enterprise technology research and development center project.
The three investment projects were implemented by Guangdong Hengrun Photoelectric Co., Ltd., a wholly-owned subsidiary of Wanrun Technology. The project construction site is located in the North Industrial City within the Songshan Lake Science and Technology Industrial Park, with a total planned investment of nearly RMB 250 million.
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