Poly Chan photoelectric listed on the Shenzhen Stock Exchange, to raise funds 181 million yuan

Yesterday (16), poly Chan photoelectric (Stock Code: 300708) the official landing gem, and listed on the Shenzhen stock exchange IPO listing ceremony held in the hall.

Data show that the main business of poly Chan photoelectric LED epitaxial wafer and chip research and development, production and sales, and provide the contract energy management service as the core around LED lighting applications. After the disclosure of the prospectus, poly Chan photoelectric report period (2014 year, 2015 year and 2016 year) main business income was 263 million 161 thousand and 300 yuan, 315 million 830 thousand and 600 yuan and 415 million 472 thousand and 300 yuan, net profit attributable to shareholders of the parent company was 57 million 45 thousand and 800 yuan, 23 million 417 thousand and 300 yuan and 60 million 608 thousand and 500 yuan, net profit after deducting non recurring gains attributable to owners of the parent company was 34 million 4 thousand and 900 yuan, 15 million 157 thousand and 600 yuan and 31 million 642 thousand and 500 yuan, the main business gross profit margin was 35.34%, 28.02% and 22.49%.

It is reported that poly can photoelectricity the public offering of 64 million 330 thousand shares, the public offering of 64 million 330 thousand shares, the issue price of 2.82 yuan / share, the new shares to raise funds 181 million yuan, the transfer of the old shares capital of 0 yuan, the total issued share capital of 257 million 330 thousand shares. To raise funds will be used for LED chip development and expansion project.

Poly Chan photoelectric chairman and general manager Mr. Pan Huarong said in his speech, the successful landing A shares market, poly Chan photoelectric will stand at a new historical starting point. "I believe, in support of sponsor supervision departments at all levels, and the majority of investors under the Future Ltd's management level, product structure, brand value, will achieve leapfrog development and promotion. We will, as a starting point, focusing on the epitaxial chip business, to make a positive contribution to the local economy." He said.

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