On March 9 (today), the China Securities Regulatory Commission issued a notice stating that the application for the IPO (initial public offering) of Op Lighting has passed and officially obtained the qualification to issue shares to the public.
It is not easy for Opp to succeed in this meeting. In fact, Oupu, as a well-known LED lighting company in China, has been listed as early as 2013. Gaogong LED roughly sorted out the "hard" IPO road of Op.
In May 2013, Op Lighting started the A-share listing, and it is planned to be listed on the Shanghai Stock Exchange. The audit status is “in the first instanceâ€.
In July 2014, Op Lighting did stop the IPO.
In October 2014, Op Lighting ran the Shanghai Stock Exchange twice, and the sponsor institution was CITIC Securities Co., Ltd.
In October 2014, the Op Lighting audit status was displayed as “Acceptedâ€.
In June 2015, Op Lighting submitted a prospectus to the China Securities Regulatory Commission.
In July 2015, the IPO refund has been paid, and Op Lighting's listing failed again.
On March 9, 2016, the China Securities Regulatory Commission's Main Board Issuance Review Committee held the 35th issue of the Audit Committee Working Meeting in 2016.
According to the latest A-share prospectus of Op Lighting, the company plans to issue no more than 58 million shares, and the funds will be used for green lighting production, lighting R&D center construction, exhibition center and marketing network construction.
Many people in the industry believe that the success of the Opto Lighting will be a stimulant for the LED industry for the silence of the first quarter.
The High-tech Research Institute LED Research Institute (GGII) predicts that the LED lighting market in China may reach RMB 246.5 billion in 2016, an increase of approximately 17.1% over the same period of 2015. Although the growth rate has slowed down, the market space remains It is considerable.
Ding Long, CEO of Op Lighting China, also said that the lighting companies that can survive and develop in the future are first of all a small number of large-scale brand general lighting enterprises.
It can be seen that Oup's branding strategy is very obvious, and listing will be of great help to its brand image. Congratulations to Opp for the meeting, but also hope that all the efforts to build a brand of LED corporate brand roads are getting better and better.
Read “ Oppu Lighting IPO has a 1.2 billion fundraising lighting industry today †to learn more about the listing of Op Lighting.
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