Fruition! OPPLE lighting first application approved

After several twists and turns, OPPLE lighting finally successfully knocked on the door IPO.

July 22nd, the Commission approved the first application of 14 companies, LED lighting companies - OPPLE lighting impressively.

According to the prospectus submitted by OPPLE lighting in June 2015 showed that the company intends to issue the number of shares of not more than 58 million shares, not less than the total issued share capital of not less than 10% of the total issued share capital of not more than 579 million shares.

The company to raise funds will be used for green lighting production, construction, lighting R & D center, exhibition center and marketing network construction projects in 3, among them, there will be about 230 million yuan for LED production projects, 470 million yuan for the construction of marketing network.

The public offering of RMB ordinary shares (A shares) not more than 58 million shares, to raise funds in place to be put into the following items:

OPPLE lighting in 2012, on 2013, respectively, in to achieve revenue of $3 billion 138 million, $3 billion 390 million, $3 billion 843 million, respectively, to achieve net profit attributable to owners of the parent company was 427 million yuan, $476 million, $293 million.

Main data of consolidated income statement

History review of OPPLE lighting IPO is a striking one snag after another with time as the main line, LEDinside editing, roughly comb its listing process.

May 17, 2013

The Commission announced the initial public offering (IPO) to declare basic information table shows, OPPLE lighting to be listed on the SSE, approval status as first instance".

May 5, 2014

OPPLE lighting name appears in the Commission released 30 IPO pre disclosure list of companies above. This is the company's two sprint Shanghai Stock Exchange, the sponsor of CITIC Securities Limited by Share Ltd.

July 4, 2014

Commission announced that the Shanghai and Shenzhen stock exchange two first application has been accepted and pre disclosure of the first 637 companies in the beginning of the suspension of the review of 589 companies, including OPPLE lighting impressively. The suspension on the IPO declaration, the official reason given by OPPLE lighting is reported performance data expired, the need to re submit inventory.

October 11, 2014

Commission issued by the Ministry of supervision and supervision of the initial public offering of stock audit work flow and the application of the enterprise, originally in the suspended review status of OPPLE lighting audit status shows that has been accepted".

June 24, 2015

OPPLE lighting submitted a prospectus to the China Securities Regulatory Commission, further to IPO.

July 6, 2015

Commission notice disclosure, due to the recent volatility in the market, the issuer and the sponsor (underwriter) for careful consideration of the company, decided to suspend the subsequent release of the work, has paid IPO refund. This means that OPPLE plans to re run aground.

March 9, 2016

China Securities Regulatory Commission issued the main board of the audit committee in 2016 the thirty-fifth meeting of the issuance examination committee was held on March 9, 2016, OPPLE lighting Limited by Share Ltd (first) was adopted.

July 22, 2016

OPPLE lighting application approved by the commission.

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