TAIPEI, Nov. 20, 2014 /PRNewswire/ -- Advanced Semiconductor Engineering, Inc. (TAIEX: 2311, NYSE: ASX) ("ASE", or the "Company") announced today that its subsidiary Universal Scientific Industrial (Shanghai) Co., Ltd. ("USI")(SSE: 601231), which is responsible for electronics design and design manufacture service ("DMS"), completed its capital increase by way of domestic private placements through a bidding process on November 20, 2014, raising a total of RMB2.06 billion (approximately NTD10.43 billion).  The proceeds from this offering will be used to fund the production of wireless modules and wearable miniature modules.  USI's offering received overwhelming response from investors in the PRC capital markets.  The issue price per share was RMB27.06 (1.5 times the minimum issue price of RMB17.86).  After the offering, ASE's holdings in USI decreased by 6.18% from 88.30% to 82.12%.

USI was listed on the main board of the Shanghai Stock Exchange on February 20, 2012.  On the day of listing, USI's issue price per share was RMB7.60, closing price was RMB11.63, and had a total market capitalization of RMB11.77 billion (approximately NTD59.48 billion).  Since its listing on the Shanghai Stock Exchange in 2012, USI's performance has continuously improved, which lead to an increase in its market capitalization to RMB32.57 billion (approx. NTD164.66 billion) as of November 20, 2014.  Currently, USI ranks 115^thplace among 2,582 A-share companies in terms of market capitalization.

In 2014, FORTUNEChina listed USI as one of the top 500 enterprises in China, recognizing its continuous efforts in developing wireless modules as well as consumer electronics, automotive electronics, storage and industrial products.  USI was included in the SSE 380 index in January 2013, and in the Shanghai and Shenzhen 300 Index in December of the same year.  As USI is a constituent of the SSE 380 Index, it is one of the eligible stocks tradable through the Shanghai-Hong Kong Stock Connect pilot programme.

As of November 20, 2014, ASE holds 82.12% interest in USI at a market capitalization of NTD135.21 billion, accounting for 46% of ASE's market capitalization of TWD295.26 billion.

About Universal Scientific Industrial (Shanghai) Co., Ltd. (USI)

Universal Scientific Industrial (Shanghai) Co., Ltd., formerly Universal Scientific Industrial Co., Ltd. (established 1974), began operations in China in 2000 and has been listed on the main board of the Shanghai Stock Exchange since 2012.  USI is a global electronics design and design manufacture service (DMS) provider, mainly producing wireless modules as well as consumer electronics, automotive electronics, storage and industrial products.  USI currently has five production facilities in Nantou, Shanghai, Shenzhen, Kunshan and Mexico. USI's revenue for 2013 was RMB14.27 billion (approx. NTD72.15 billion).  As of September 30, 2014, USI's total assets amounted to RMB9.97 billion (approx. NTD50.37 billion).  USI currently employs over 12,000 employees.

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SOURCE Advanced Semiconductor Engineering, Inc.