Maoshuo Power Co., Ltd. plans to issue 24.28 million shares on February 27

Moso Power will be offering shares on February 27, 2012. The company plans to issue 24.28 million shares. The funds will be used for “Huizhou Maoshuo Energy Technology Co., Ltd. Power Drive Production Project”, “R&D Center Construction” and “Information System Construction”. Wait for three projects.

In the first half of 2011, Moso Power realized operating income of 289 million yuan and net profit of 27.6 million yuan.

The company's main business is the development, production and sales of switching power supplies. The main products include consumer electronics power supplies and high-power LED driver power supplies. The company has maintained its leading position in the domestic market for many years and has more than 1,500 products. Widely used in LED lighting, communications, power, industrial control, instrumentation, medical, railway and other high-tech fields, partners include Huawei, Skyworth, Sagem, Zhen Mingli, Qinshang Optoelectronics, and Chau Ming Technology.

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