Aoyang Shunchang/Sunshine Lighting/Alto Electronics has been busy with these things...

Aoyang Shunchang 9.1 billion yuan fixed case approved

On the evening of January 2, Aoyang Shunchang (hereinafter referred to as “the company”) issued an announcement, and the company’s application for non-public issuance of A shares was approved by the China Securities Regulatory Commission’s Issuance Review Committee.

According to the non-public offering plan issued by Aoyang Shunchang in August 2017, the number of shares to be issued by the company is not more than 150 million shares, and the total amount of funds raised is not more than 91 million yuan for sapphire graphics. Industrialization project.

The implementation of the sapphire graphics industrialization project is the company's subsidiary Jiangsu Aoyang Shunchang Integrated Circuit Co., Ltd. The fundraising project includes the ingot cutting, grinding, throwing and flat-film substrate graphics, and the final product is a patterned sapphire substrate. The construction period is 24 months. After the project is completed and put into production, it will form an annual production capacity of 6 million pieces (4 inches) of patterned sapphire substrate. It is estimated that the normal annual sales income will be 794.78 million yuan and the after-tax profit will be 11, 4,280,500 yuan, the internal rate of return after tax is 13.45%, and the investment payback period is 5.30 years.

Aoyang Shunchang said that after the completion of the non-public issuance and fund-raising investment projects, the company's production capacity of graphical sapphire substrates will be greatly improved, thus opening up the upstream materials, extending the LED industry chain, ensuring epitaxial growth and chip manufacturing. The supply of materials, while enriching the company's product structure in the LED field, grasp the good opportunities for the development of the LED industry.

With the completion of this non-public offering and the implementation of fund-raising investment projects, the company will have a stronger influence in the LED field, and the company's overall competitiveness and sustainable development capabilities will also be enhanced, and its comprehensive strength will be further enhanced.

Alto Electronics Subsidiary won the bid of 99.55 million yuan

On the evening of January 3, Alto Electronics (hereinafter referred to as "the company") issued a bid announcement, and the company's wholly-owned subsidiary Shenzhen Qianbaihui Lighting Engineering Co., Ltd. (hereinafter referred to as "Qianbaihui") recently received the procurement agency Shaanxi Longquan Bidding Co., Ltd. issued the "Successful Notice". The notice confirms that Qian Baihui is the winner of the “Xi'an Ecological Zone Landscape Lighting Improvement Project (EPC) Project”. According to the announcement, the winning bid for the project is RMB 99,550,498.81.

In addition, the data show that the Xi'an Ecological Zone Management Committee was approved by the Municipal Party Committee and the Municipal Government in 2004 to solve the problem of environmental degradation in the eastern part of the city and meet the needs of urban expansion and development.

Alto Electronics said that the bid price of the project is RMB 99,550,498.81, accounting for 21.78% of the company's 2016 audited operating income of RMB 457,079,739.05, accounting for 156,718,868.86 of the audited operating income of Qianbaihui in 2016. 63.52% of the yuan, if the successful bidding project is finally signed and successfully implemented, it is expected to have a positive impact on the company's 2018 annual operating results. The winning bid of this project will further enhance the influence of Qianbaihui in the industry and promote the development of Alto Electronics in the smart lighting sector.

Sunlight Lighting Announcement on Office Address Change

Due to business development needs, Zhejiang Sunshine Lighting Electric Group Co., Ltd. (hereinafter referred to as "the company") has recently moved into a new office. The company's office address was changed from “No. 485, Fengshan Road, Shangyu District, Shaoxing City, Zhejiang Province” to “No. 568, West Section of Renmin Avenue, Caofei Street, Shangyu District, Shaoxing City, Zhejiang Province”. In addition to the above office address changes, the company registered address, investor consultation Telephones, faxes, websites, and e-mails remain unchanged. Investors are advised to pay attention.


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