OPPLE lighting disclosure prospectus is expected in the first half revenue of more than 2 billion 200 million

Following the first 22 months of this year after the initial application for approval by the Commission, OPPLE lighting IPO pace again.

In July 29th, OPPLE lighting disclosure "initial public offering of A shares prospectus", the company intends to issue not more than 58 million shares on the Shanghai stock exchange, expected release date of August 9, 2016, the total issued share capital of not more than 579479104 shares.

The company to raise funds will be used for green lighting production, R & D center, exhibition center and marketing network construction project 3, which will be about 360 million yuan for the production of green lighting project, there will be about 321 million yuan for the construction of the marketing network.

The proposed public offering of not more than 58 million shares of A shares, the issue of funds raised after deducting the cost of the issue, will invest in the following items:

The prospectus shows that the company in 2013, 2014 and 2015 revenues were 3 billion 390 million yuan, 3 billion 843 million yuan and 4 billion 469 million yuan respectively; net profit attributable to owners of the parent company was 476 million yuan, 293 million yuan, 436 million yuan.

2013, 2014 and in 2015, the company's overseas sales amounted to 212 million 398 thousand and 900 yuan, respectively, $277 million 975 thousand and 700 and $337 million 520 thousand, accounting for the proportion of main business revenue was 6.31%, 7.28% and 7.58%.

The prospectus also disclosed the company's performance in the first quarter of this year, 1-3 months of 2016, the company achieved operating income of 866 million 332 thousand yuan, representing a growth of 17.17%, 1-3 months of 2016, the Company attributable to shareholders of the parent company net profit of 31 million 471 thousand and 800 yuan, representing a growth of 37.09%. The main reasons include: first, the sustained growth of the company's product sales, operating income grew second, the company continued to launch new products; at the same time, production optimization and scale bring down product cost, resulting in increased gross margin.

Prospectus shows that since the beginning of 2016 so far, the company operating in good condition, there is no significant decline in performance. The company expects operating income in the first half of 2 billion 200 million to $2 billion 300 million range in 2016, operating income grew by 20.80% to $26.29%, net profit in the range of $180 million to $190 million, net profit grew by 35.03%.

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