[High-tech LED News] LED substrate factory Zhaojing and sapphire crystal rod factory Xinjing drill announced on the 14th, the original merger date of the two companies is December 31 this year, in order to make the merger benefits emerge as soon as possible, the merger base date will Advance until December 10 this year.
The merger of Zhaojing and Xinjing Diamond will be exchanged for 1.25 shares of Zhaojing stock with 1 share of Xinjing Diamond, with Zhaojing as the surviving company. The new company is named Xinjing Diamond. After the merger, it will surpass Zhongmeijing and Yuefeng, becoming the largest and the world's top three sapphire substrate plants in Taiwan.
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