2017 IPO fired the first shot, the first application of state lighting Commission approved

After 2016, OPPLE lighting ledone officially visit the capital market, opened in 2017, the successful landing of the capital market and an LED lighting company.

Yesterday (11), the Hengdian group has state lighting Limited by Share Ltd IPO and listing application, successfully passed the China Securities Regulatory Commission audit. It is reported that the Hengdian group has state lighting Limited by Share Ltd intends to issue 60 million shares of new shares, will be listed on the Shanghai Stock exchange.

Hengdian group lighting company is mainly engaged in R & D, production and sales of green lighting products. The company has two major production bases in Zhejiang, Jiangxi, and in Hengdian and Hangzhou set up a research and development center in the north of the United States to set up sales branches in the two. The company successfully grasp the opportunity of transformation of green lighting products, focusing on energy-saving lamp market from 2011 began to engage in LED lighting products production and sales, from the previous single energy-saving lighting products to energy-saving lamps, now LED bulbs and LED indoor lamps and lighting electronic products, outdoor lighting lamps and lanterns four kinds of green lighting products widely used in the field of civil and commercial lighting.

State lighting and PHILPS, Panasonic and other well-known enterprises to maintain a long-term and stable relations of cooperation. Relevant information shows that in 2013, the year of, the year of 2015 and 1~6 months in 2016, the company's operating income from PHILPS accounted for the current total revenue of $31.65%, respectively, 22.60%, 36.25%. Panasonic as its second largest customer since 2014, respectively, in 2014, in 2015, 1~6 months of total revenue of $11.03%, 11.94%, 8.47%.

In addition, in 2015, the company LED lighting exports ranked third in the country. According to the prospectus, 2013, 2014, and 1~6 months in 2015, the company's export sales accounted for 79.05%, respectively, 81.24%, 85.87%, 85.29%.

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