A shares of LED listed company in Xiamen camp will add the new army, light Po shares (full name "Xiamen light Po Electronics Co., Ltd.") 4 evening announcement, the company will be April 6 in the Shenzhen Stock Exchange GEM, stock abbreviation For the "light Po shares", the stock code for the "300632". Guangpu shares and thus become the first successful transfer of A shares in Xiamen, the new three board companies.
Guangpu shares was established in December 1994, is one of the first to enter the LED industry, the business chain covers LED lighting, LED packaging, LED backlight module and accessories, FPC research and development, production and sales. The company was listed on January 24, 2014, the new three board, but since the listing has been no actual transaction, in April 2015, light Po shares began to seek a transfer board.
Raised funds 214 million yuan
Guangpu shares of the proposed issue of shares to 28.95 million shares, all issued for the new shares, no transfer of old shares, the issue price of 7.39 yuan / share. The total amount of proceeds raised to the issuance of 21,394.05 million, after deducting the issue of the net proceeds raised 17,707.11 million. The proceeds will be used for LED lighting products expansion projects, R & D center expansion projects, additional liquidity projects and other projects.
Last year's revenue over 300 million
According to the prospectus, 2014-2016, Guangpu shares were operating income of 21,019.09 million, 26,075.70 million and 32,055.35 million, an increase of 22% year on year growth rate; respectively, attributable to shareholders of the parent company's net profit 2161.42 million, 311,147 million, 43.0269 million yuan, showing a strong profit growth capacity.
The prospectus shows that from 2014 to 2016, the issuer's tax incentives, government subsidies and pay dividends on the cumulative effect of net profit were RMB 1,004.32 million, 1,283.1 million yuan and 1,183.17 million yuan, the proportion of the proportion of net profit For 48.18%, 41.25% and 27.50%. With the development of the main business of the issuer, the enhancement of profitability, tax concessions, government subsidies and the proportion of dividends payable to current net profit decreased year by year.
In recent years, LED lighting, LED packaging and other major product prices showed a downward trend, the company 2014-2016 gross margin of 31.05%, 31.41% and 30.84%. In the past three years, the company's LED backlight module and accessories business gross margin were 22.93%, respectively, 30.83% of the company's total investment in the market, the company's current public offering of shares and listed on the GEM online roadshow, deputy general manager, board secretary and chief financial officer Yu Zhiwei said, % And 33.78%, gross margin is on the rise, mainly due to LED backlighting high-reflective plastic box gross margin rising, pulled up the overall gross margin.
In addition, the company expects revenue for the first quarter of 2017 to be RMB 7,702.8 million to RMB 8,986.17 million, which is expected to grow by 27.50% to 48.75% over the same period last year. The net profit attributable to shareholders of the parent company is RMB 982.09 million to RMB 1,145.78 million. An increase of 48.27% over the same period to 72.98%, net of non-recurring gains and losses attributable to shareholders of the parent company net profit of 8,989,100 yuan to 10,485,200 yuan, is expected to grow 57.88% over the same period last year to 84.16%. (LEDinside Nicole)