On May 5, the China Securities Regulatory Commission announced the latest IPO pre-disclosure list. Op Lighting Co., Ltd. plans to go public on the Shanghai Stock Exchange. The issue will not exceed 58 million shares. The total share capital after the issuance will not exceed 579.48 million shares and the fundraising will be 1.2 billion yuan. It will be used for “green lighting production projectsâ€, “display center and marketing network construction projectsâ€, and “research and development center construction projectsâ€, of which about 230 million yuan will be used for the construction of LED production projects.
Op Lighting said that LED lighting has the characteristics of non-uniform industry standards, numerous participants, and rapid technological innovation. If the company cannot keep up with the pace of technological innovation in the industry, the project will face the risk of not getting the expected return. Op Lighting has listed 11 special risk warnings in the prospectus. It believes that the lighting industry is in the process of industrial upgrading. The development of LED technology will change the competition mode of the industry, thus bringing a new round of industry reshuffle.
Op Lighting said that since 2013, LED lighting products have made rapid progress in technology and cost reduction. The speed of replacing traditional lighting products has begun to accelerate. The lighting industry has entered a new round of industrial upgrading cycle, facing greater development opportunities, but at the same time It also brings challenges to lighting companies including Op Lighting.
It is understood that the current LED lighting industry still has a series of problems such as unclear industry quality standards, incomplete detection system, numerous participating manufacturers but non-standard product specifications, and disorderly market competition. Many small lighting companies have low-cost and low-quality strategies. Seize the market, and consumers do not have the professional ability to identify products. Op Lighting said that if these problems cannot be solved, it will not be conducive to the healthy development of the LED industry, and will also impact on large-scale brand lighting companies such as Op Lighting.
Op Lighting This is the second time to sprint the Shanghai Stock Exchange. The reporter learned that the basic information on the initial public offering of shares (IPO) declared by the China Securities Regulatory Commission indicates that Op Lighting is going to be listed on the Shanghai Stock Exchange and the review status is “in the first instanceâ€.
Op Lighting said that LED lighting has the characteristics of non-uniform industry standards, numerous participants, and rapid technological innovation. If the company cannot keep up with the pace of technological innovation in the industry, the project will face the risk of not getting the expected return. Op Lighting has listed 11 special risk warnings in the prospectus. It believes that the lighting industry is in the process of industrial upgrading. The development of LED technology will change the competition mode of the industry, thus bringing a new round of industry reshuffle.
Op Lighting said that since 2013, LED lighting products have made rapid progress in technology and cost reduction. The speed of replacing traditional lighting products has begun to accelerate. The lighting industry has entered a new round of industrial upgrading cycle, facing greater development opportunities, but at the same time It also brings challenges to lighting companies including Op Lighting.
It is understood that the current LED lighting industry still has a series of problems such as unclear industry quality standards, incomplete detection system, numerous participating manufacturers but non-standard product specifications, and disorderly market competition. Many small lighting companies have low-cost and low-quality strategies. Seize the market, and consumers do not have the professional ability to identify products. Op Lighting said that if these problems cannot be solved, it will not be conducive to the healthy development of the LED industry, and will also impact on large-scale brand lighting companies such as Op Lighting.
Op Lighting This is the second time to sprint the Shanghai Stock Exchange. The reporter learned that the basic information on the initial public offering of shares (IPO) declared by the China Securities Regulatory Commission indicates that Op Lighting is going to be listed on the Shanghai Stock Exchange and the review status is “in the first instanceâ€.
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