[High-tech LED News] Recently, Rainbow (Foshan) Flat Panel Display Co., Ltd., a holding subsidiary of Rainbow (600707), plans to raise 315 million yuan to build an AM-OLED pilot line project. The company claims to be a 4.5-generation AM- The industrial base of the OLED business and its ongoing technical and talent support.
The company believes that the construction of the AM-OLED pilot line project is in line with the company's OLED development strategy, which can enhance the company's leading position in the industry. At the same time, the construction of the project can reduce the technology, product and market risks of the 4.5-generation AM-OLED production line investment.
In order to broaden the financing channels, optimize the financing structure, and meet the company's industrial structure adjustment and the rapid development of new industries, the company plans to issue 1.6 billion short-term financing bills, adopting the principle of “one registration, installment by issueâ€, that is, one registration of 1.6 billion yuan. The quota will be issued firstly for the first phase of 800 million yuan with a term of one year; the remaining amount will be rolled out during the registration period.
The Rainbow Shareholding subsidiary invested in the construction of the 4.5-generation AM-OLED project, which is one of the company's non-public offering projects, and plans to raise funds of 1.6 billion yuan. Before the company's non-public offering of shares will be put in place, it will be invested in the early stage of the project with self-raised funds.
In regions where electricity is generated using fossil fuels, bitcoin mining is considered detrimental to the environment. As a result, many bitcoin miners have moved operations to places with renewable sources of energy to reduce Bitcoin's impact on climate change.
The company believes that the construction of the AM-OLED pilot line project is in line with the company's OLED development strategy, which can enhance the company's leading position in the industry. At the same time, the construction of the project can reduce the technology, product and market risks of the 4.5-generation AM-OLED production line investment.
In order to broaden the financing channels, optimize the financing structure, and meet the company's industrial structure adjustment and the rapid development of new industries, the company plans to issue 1.6 billion short-term financing bills, adopting the principle of “one registration, installment by issueâ€, that is, one registration of 1.6 billion yuan. The quota will be issued firstly for the first phase of 800 million yuan with a term of one year; the remaining amount will be rolled out during the registration period.
The Rainbow Shareholding subsidiary invested in the construction of the 4.5-generation AM-OLED project, which is one of the company's non-public offering projects, and plans to raise funds of 1.6 billion yuan. Before the company's non-public offering of shares will be put in place, it will be invested in the early stage of the project with self-raised funds.
Bitcoin mining is the process of creating new bitcoin by solving puzzles. It consists of computing systems equipped with specialized chips competing to solve mathematical puzzles. The first bitcoin miner (as these systems are called) to solve the puzzle is rewarded with bitcoin. The mining process also confirms transactions on the cryptocurrency's network and makes them trustworthy.
For a short time after Bitcoin was launched, it was mined on desktop computers with regular central processing units (CPUs). But the process was extremely slow. Now the cryptocurrency is generated using large mining pools spread across many geographies. Bitcoin miners aggregate mining systems that consume massive amounts of electricity to mine the cryptocurrency.In regions where electricity is generated using fossil fuels, bitcoin mining is considered detrimental to the environment. As a result, many bitcoin miners have moved operations to places with renewable sources of energy to reduce Bitcoin's impact on climate change.
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