[High-tech LED reporter report] Shiyida (002137) announced the non-public offering plan on the evening of February 9, this time it plans to issue no more than 80 million shares to no more than 10 specific investors, and the issue price is not less than 5.49. Yuan/share.
The announcement shows that the total amount of funds to be raised by the company for non-public issuance does not exceed 407.43 million yuan. After deducting the issuance expenses, it plans to invest in the following projects: (1) Wuxi LED indoor commercial lighting production and construction project; (2) Wuxi LED lighting R&D center construction project (3) Wuxi LED lighting marketing network system construction project; (4) Shenzhen mobile phone control board production line technical transformation project. The company expects the total investment of the four projects to be 438.93 million yuan. The proceeds from the issuance will be arranged in the order of the above projects. If the actual funds raised cannot meet the investment needs of all the above projects, the funding gap will be solved by the company itself.
This is another event of capital increase in Wuxi Shiyida after the investment of 120 million US dollars in the first half of 2011. Lu Changrong, general manager of Wuxi Shiyida, said that LED lighting is a consumer market of 100 billion yuan, and the current penetration rate is not more than 5%. It is understood that in 2011, Wuxi Shiyida sales reached 500 million, including LED power, drives, lamps, light sources, etc., while LED lighting gross margin still maintained about 30%. The high performance is obviously a guarantee for Wuxi Shiyida to invest heavily in the commercial field.
Lv Changrong, general manager of Shiyida, said that LED lighting is a consumer market of 100 billion, and the current penetration rate is not more than 5%. It is understood that in 2011, Wuxi Shiyida sales reached 500 million, including LED power, drives, lamps, light sources, etc., LED lighting gross margin still maintained about 30%.
Despite such a huge market, Shida has chosen the segment of commercial lighting in the field of LED lighting. In the past two years, LED commercial lighting has grown and improved rapidly for two years, maintaining a 20% annual growth. Compared to industrial lighting 20% ​​gross profit, general lighting is 15%, while commercial lighting gross margin is kept at 30%. Lv Changrong was full of confidence when interviewed by Gaogong LED reporter: "We are positioned in the field of professional LED commercial lighting."
At the same time, Lu Changrong also said that although the market prospects are broad, the business photos have presented great challenges to the team. Not only must they have a rich product line, but they must also refurbish new products and carry out professional design.
The announcement shows that the total amount of funds to be raised by the company for non-public issuance does not exceed 407.43 million yuan. After deducting the issuance expenses, it plans to invest in the following projects: (1) Wuxi LED indoor commercial lighting production and construction project; (2) Wuxi LED lighting R&D center construction project (3) Wuxi LED lighting marketing network system construction project; (4) Shenzhen mobile phone control board production line technical transformation project. The company expects the total investment of the four projects to be 438.93 million yuan. The proceeds from the issuance will be arranged in the order of the above projects. If the actual funds raised cannot meet the investment needs of all the above projects, the funding gap will be solved by the company itself.
This is another event of capital increase in Wuxi Shiyida after the investment of 120 million US dollars in the first half of 2011. Lu Changrong, general manager of Wuxi Shiyida, said that LED lighting is a consumer market of 100 billion yuan, and the current penetration rate is not more than 5%. It is understood that in 2011, Wuxi Shiyida sales reached 500 million, including LED power, drives, lamps, light sources, etc., while LED lighting gross margin still maintained about 30%. The high performance is obviously a guarantee for Wuxi Shiyida to invest heavily in the commercial field.
Lv Changrong, general manager of Shiyida, said that LED lighting is a consumer market of 100 billion, and the current penetration rate is not more than 5%. It is understood that in 2011, Wuxi Shiyida sales reached 500 million, including LED power, drives, lamps, light sources, etc., LED lighting gross margin still maintained about 30%.
Despite such a huge market, Shida has chosen the segment of commercial lighting in the field of LED lighting. In the past two years, LED commercial lighting has grown and improved rapidly for two years, maintaining a 20% annual growth. Compared to industrial lighting 20% ​​gross profit, general lighting is 15%, while commercial lighting gross margin is kept at 30%. Lv Changrong was full of confidence when interviewed by Gaogong LED reporter: "We are positioned in the field of professional LED commercial lighting."
At the same time, Lu Changrong also said that although the market prospects are broad, the business photos have presented great challenges to the team. Not only must they have a rich product line, but they must also refurbish new products and carry out professional design.
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