Prospectus to be beneficial

Prospectus to be beneficial to increasing LED 400000000
Released in 10 non-public offering of stock plans, the company intends to not more than 10 specific investors, to not less than 5.49 yuan / share non-public offering is not more than 80000000 shares, to raise funds does not exceed the amount of 407000000 yuan, for to the Wuxi LED indoor commercial lighting production and construction projects such as the four.

Announcement shows, the company expects four projects a total investment of 439000000 yuan, the total amount of raised capital of not more than 407000000 yuan, after deducting the cost of issue for all four projects, including the Wuxi LED indoor commercial lighting production and construction project plans to invest 265000000 yuan, Wuxi LED lighting R & D center construction project investment of 50649000 yuan, Wuxi LED lighting marketing network system the project plans to invest 45653000 yuan, Shenzhen mobile phone control board production line technological transformation project plans to invest 46346000 yuan.

The company expects, Wuxi LED indoor commercial lighting production and construction after the implementation of the project, will add a total profit of 144000000 yuan, the project investment, internal rate of return ( after tax) 26.42%, investment recovery period ( including the construction period, after tax) for 5.48 years. Shenzhen mobile phone control board production line technological transformation project, add a total profit of 13288000 yuan, the project investment, internal rate of return ( after tax) 24.43%, investment recovery period ( including the construction period, after tax) for 4.86 years.