Marine Wang Zhaoming prospectus

The Sea King (002724) 16 morning issued a prospectus, the company proposed public offering of not more than 50 million shares, the total issued share capital of not more than 400 million shares, to be listed on the Shenzhen stock exchange small plates, by China Merchants Securities (600999) sponsor, the online purchase date is October 24, 2014.

The issue of the use of the network under the investor inquiry placement and online marketing by the market value of the purchase price of the issuance of a combination of ways. The issue is not the transfer of the old shares, of which 30 million of the initial number of shares issued under the net, accounting for the number of the issue of the number of 60%, the initial number of online issue of shares of 20 million shares, accounting for the total amount of the issue of 40%.

The date of issuance of the inquiry is October 20, 2014 and 21, published in the pricing announcement on October 23rd, online purchase and payment date for the year of October 24th.

The Wang Zhaoming Polytron Technologies Inc engaged in research and development, the special environment lighting equipment production, sales and services, products include fixed lighting equipment, lighting equipment and lighting equipment, portable mobile three series. The proposed funds to invest in the production line construction projects, R & D center construction projects and domestic marketing center expansion project, with a total investment of 550 million yuan, to raise funds to invest $399 million.

According to relevant statistics, in the market, Chinese lighting environment, 2008, 2009 and 2010 Wang Zhaoming marine sales and market share are ranked fourth, behind international manufacturers PHILPS, OSRAM and Cooper, ranked first in the number of domestic manufacturers.

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