The photoelectric public issuance of corporate bonds approved, the total amount of up to 2 billion yuan

In the corporate bond issuance examination and tighten the situation, in September 4th, the photoelectric announcement that the company intends to open for qualified investors for the issuance of corporate bonds, China get approved by the sfc. The public offering of corporate bond coupon total amount is not more than 2 billion yuan, a period not exceeding 5 years (including 5 years).

The corporate bonds will be issued in installments, the first phase of the bond since China Commission issued within twelve months from the date of issue of the approval from the CSRC, the remaining part of China twenty-four months to choose one or the date of issue of the approval issued from.

Since listing, the photoelectric based on the original LED display manufacturing, through continuous development and gradually formed a digital display device, digital marketing services and digital outdoor media network three core business segments.

In 2015, 2016 and the first half of 2017, the company achieved net profit of 224 million yuan, 403 million yuan and 185 million yuan, in 2016 net profit increased 179 million yuan over the previous year, an increase of 80.16%. At the end of 2015, at the end of 2016 and 6 at the end of 2017, the company's total assets were 3 billion 260 million yuan, 7 billion 430 million yuan and 8 billion 10 million yuan.

In recent years, the company has acquired Shenzhen lixma Youtuo, PR and Hunan blue ocean purchase of high-quality companies, continued growth in the size of the company. The recent acquisition of their new media, enrich the company's subsidiaries to provide customers with the flow channels, the establishment of the group of internal coordination and complementary benefits.

To help business development subsidiary, to promote the integration and coordination between sub company's business, the company has also established "the investment management committee four" management platform to improve after the merger, and puts forward the new concept between group management platform and subsidiary business partners.

The issuance of corporate bonds, not only can build enough to provide financial support and perfect management platform to a four ", but also for the company's business in the extension of the development fund, help to create integrated marketing services group data driven.

Source: China securities network

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