Past! OPPLE lighting IPO process review

Chinese Securities Regulatory Commission Board issued the audit committee 2016 thirty-fifth trial committee meeting held on March 9, 2016, the meeting of LED lighting industry heavyweights OPPLE lighting Limited by Share Ltd (first) approved, it will mark the 2 year IPO has run to end point.

According to the latest OPPLE A shares prospectus shows that the company intends to issue shares of not more than 58 million shares, not less than the total issued share capital of 10%, 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, which is from 2014 and 2015, OPPLE lighting Tmall double 11 data can be seen, OPPLE lighting not only has the offline sales channels, is to develop the online channel.

From the time, the OPPLE lighting is third times the impact of IPO, after more than 2 years to run in the pipeline, in the role of policy adjustment, market fluctuations and other objective factors, OPPLE lighting IPO declaration tour is striking one snag after another.

Below, we take the time as the axis, the process of its listing.

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 4, 2016

Commission website March 4th news, Haier bio pharmaceutical Limited by Share Ltd, OPPLE lighting Limited by Share Ltd, Shanghai Jin and business management Limited by Share Ltd first application to be held on March 9th.

March 9, 2016

China Securities Regulatory Commission issued the board of directors of the audit committee is scheduled to be held in 2016 on the thirty-fifth issue of the audit committee working meeting, OPPLE IPO will be successful according to.

Sales and sales channels, OPPLE lighting details concern: http://www.ledinside.cn/news/20150701-35410.html

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