News Column

Lucky Film Finance Money via Private Placement

July 14, 2014

BAODING, July 14, SinoCast -- Lucky Film Co., Ltd. (SHSE: 600135) revealed plans for private placement to at most ten designated investors including controlling shareholder China Lucky Film Corporation to finance not more than CNY 600 million, which will be used for lithium ion battery and solar cell backboard production.

The private placement is believed to improve core competitiveness of the company, speed up its service shift, create new growth poles, strengthen profitability and bolster up sustainable development.

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Source: Sinocast Computers & Electronics Beat (China)

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