Sunshine Lighting plans to issue 55.6 million shares to raise 920 million investment projects in Xiamen LED

Sunshine Lighting announced the announcement of the 2011 non-public offering of shares and the change of shares. The type of shares issued this time is domestically listed RMB ordinary shares (A shares), with a total issued amount of 55.6 million shares, with a par value of RMB 1 per share. 16.50 yuan / share.

The new shares of this issue were registered and custody procedures on March 23, 2012 at China Securities Depository and Clearing Co., Ltd. Shanghai Branch. The shares issued this time are not transferable for 12 months from the date of completion of the issuance. The newly added shares are expected to be listed on March 25, 2013.

After the completion of the issuance, the company's total assets and shareholders' equity have increased. According to the data of the financial statements issued on September 30, 2011, the net assets of the company were statically measured. Based on the data of the financial statements on September 30, 2011, the total assets of the company's consolidated statements increased by 28.73% and the shareholders' equity increased by 66.79%. The gearing ratio fell from 56.98% to 44.26%. The parent company's total assets increased by 33.86%, shareholders' equity increased by 91.03%, and the asset-liability ratio decreased from 62.81% to 46.92%.

Sunshine Lighting's current main business is the development, production and sales of lighting appliances. The main products are green lighting products for general lighting, including integrated electronic energy-saving lamps, T5 high-power fluorescent lamps and supporting lamps, and special lamps (including LED lighting). Product) and so on.

The proceeds from the issuance will be used to invest in the micro-mercury environmental protection and energy-saving lamp industrialization project and the Xiamen LED energy-saving lighting product project after deducting the issuance expenses. After the completion of the Xiamen LED energy-saving lighting product project, it will have an annual production capacity of 20 million LED lighting sources and 5 million LED lamps.

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