A recognized mainland Chinese electronic manufacturer of flexible circuit boards, Leader-Tech, has recently indicated that it will initiate another round of directional addition of share issuance, with the financing amount not to exceed RMB$100 million. The funding raised will be used to expand production and research novel technology.     

             Leader-Tech successfully landed in the new OTC (over-the-counter) market in February 2016. Also in 2016, it completed the leapfrogging growth of sales performance, and the company should now have even greater maneuvering for capital. In fact, the primary goal of the directional addition for the round is intended to maintain the rather favorable profile of the company with regard to its capital aspect. Therefore, it can continue to supplement capital for its productivity and technology research, thus helping the company realize with fast breakthroughs this year.   

             Meanwhile, the flexible and hard circuit board technology that Leader-Tech has prepared before in the medium and high-end markets is starting to be realized for production, and such technology is scheduled to start to release fresh productivity within the year. (Information source: PBC News Network)