Over the past year copper industry turnaround, Taiwan Li Changrong chemical industry (1704), copper foil factory Li Changrong Technology (4989) also benefit in the near future soil volume return to the capital markets, but also to attract downstream printed circuit board manufacturers Huatong computer (2313) investment.

The last application of printed circuit board (PCB) industry due to overcapacity, low price of copper foil, the relevant manufacturers have trapped losses or failures, Li Changrong also formally ended in 2015, revocation of the registration limited public offering, public offering and will now re login again in the near future emerging.

Rong re issued for the first time since June to resume publication, May revenue of 298 million yuan (NT, the same below), a record high of 5 over the same period, an increase of 33.73%; the former May revenue of 1 billion 614 million yuan, an increase of 42.19%.

In the upstream of PCB CCl (CCL) for copper and higher price rose, even in short supply shock CCL factory, PCB copper factory operations, Huatong said, a subsidiary of Hua Investment in May to 28 yuan per share subscription Rongke 2200, invested 61 million 600 thousand yuan to about 1.57% stake.

At present, Taiwan listed firms only gold in development (8358) 1 specializing in the production of copper foil, such as South Asia plastic (1303), Changchun enterprise is one of the vertical and horizontal layout of the project group in the past year, the gold price, because copper foundry fee goes up, inject revenue, record high profit.

Gold habitat May revenue of 607 million yuan, a record high of history, a monthly increase of 0.1%, an increase of 44.42%; in May revenue of 3 billion 16 million yuan, an increase of 56%. By the London Metal Exchange (LME) copper prices fell since February, the average copper price of $5591.5 per ton in May, down from $5698 in April, 1.87%, gold has admitted that June copper quotes pressure. But CCL for the upstream supply chain price vary, some think that some are beginning to loosen, said copper foil plant still does not relent price. Kim Ju, general manager Li Sixian stressed that this year's operation continued to hit a peak.

Jin Ju and intended for OTC listed 6 years the first cash capital of about 45 million shares, Li Sixian said that in August is expected to send, in addition to enrich the working capital or debt to improve the financial structure, the purchase of machinery and equipment, expand production capacity or other for the future development of the demand for funds.

Source: Business Times