State lighting prospectus prospectus issued in 2016 revenue over 3 billion 200 million

State lighting yesterday evening issued "IPO prospectus" (hereinafter referred to as the "prospectus"), the company intends to issue 60 million shares on the Shanghai stock exchange, expected release date of March 20, 2017, the total issued share capital of not more than 240 million shares.

Prospectus disclosure of the results of the state lighting in 2016, the company achieved revenue of 3 billion 226 million yuan in 2016, net profit attributable to owners of the parent company was $319 million.

The company expects 2017 1-6 monthly revenue range of about 1 billion 500 million yuan to 1 billion 850 million yuan, compared with the 2016 year growth of approximately 11.85% to 37.95%; net profit of about 125 million yuan to 145 million yuan, a year-on-year increase of 15.36% compared to the year 2016 to 29.18%; area net profit attributable to shareholders of the parent company was 110 million yuan to 140 million yuan, compared with 2016 the annual growth of 5.21% over the same period to 29.20%.

The prospectus shows that the company issued the initial public offering of RMB ordinary shares (A shares) 60 million shares, the public offering of new shares to raise funds after deducting the cost of issue, according to the order in the following order of priority investment projects:

The use of funds raised

The expected listing of important dates

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