Juquan photoelectric days after the IPO will be raised to 264 million yuan

According to the announcement of the SFC, China Securities Regulatory Commission seventeenth issue of the Audit Committee will be held on November 3, 2017 held in 2017 the twenty-second issue of the Audit Committee Working Conference, the meeting will be audited Juquan photoelectric Of the first application.

The sponsor team selected by Guoquan Securities, Ruihua Certified Public Accountants and Shanghai Yuanwen Law Firm.

Pre-disclosure shows that the huge spring photo on May 3, 2016 in the new three board listing, the use of agreement transfer, stock code 835933, the month of 10, Juquan photoelectric announcement announced that the company has entered the initial public offering of stock counseling period, The Commission accepted, to apply for listing on the Shanghai Stock Exchange, the company's new three board shares since June 22 suspended from the transfer.

In the main business, the main business income of the main smart grid terminal equipment research and development, design and sales, 2016, 2015 and 2014, respectively, the main business income of 1.63 billion yuan, 150 million yuan and 147 million yuan, showing year by year Trend, but nearly three years, the company's net profit were corresponding to 35 million yuan, 035 million yuan and 40 million yuan, tends to be stable but declined.The company said that the main reason is increased R & D investment and market competition caused by intense.

Public information shows that the company intends to issue 1440 million shares, the issuance of the total share capital of 5760 shares, to raise funds totaling 264 million yuan, plans to invest in high-precision DC metering chip development and industrialization projects, and industrial networking control Related projects. The company said that the use of funds raised around the company's main business, in line with the company's development plan.