Alto electronics subsidiary winning 180 million PPP projects accounted for 62% in 2015 revenue

Alto electronic 16 evening announcement, receipt issued by the Wuhai city public resources trading center of the "letter of acceptance" a wholly owned subsidiary of Shenzhen QianBaiHui Lighting Engineering Co. Ltd, confirmed United QianBaiHui led the Wuhai city lighting and lighting tourism infrastructure PPP project, the total investment of the project is estimated to be about 181 million 800 thousand and 900 yuan, of which project construction cost of 159 million 142 thousand yuan, other construction costs 20 million 858 thousand and 800 yuan, reserve 1 million 800 thousand yuan.

The company said the total investment amounted to 181 million 800 thousand and 900 yuan, accounting for the company's 2015 annual audited operating income of 293,16.73 million yuan 62.01%, accounting for QianBaiHui audited 2015 annual revenue 125 million 314 thousand yuan 145.08%, if the bid project finally signed a formal contract and to proceed smoothly, is expected to the company's 2017 annual operating results will be have a positive impact.

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