Yankon Ennai lighting capital Xiamen sunshine 419 million 200 thousand yuan

Abstract: in addition, Yankon will adopted the Twelfth Meeting of the Xiamen sun "on the replenishment of the motion" to use the funds raised in the April 15, 2012 meeting of the sixth session of the board of directors, the company agreed to use the funds raised 419 million 200 thousand yuan to Xiamen sunshine Ennai Lighting Company Limited (hereinafter referred to as the "Xiamen sunshine" capital).

Yankon intends to total capital of 430252720 shares as the base, to all shareholders for every 10 shares of 5 shares, bonus shares for every 10 shares were distributed 1.5 yuan (including tax). It is understood that the company in the last 3 years, the main investment direction is: micro mercury environmentally friendly energy-saving lamps, LED lighting and lighting projects. Among them: the micro mercury environmentally friendly energy-saving lamps and LED lighting project to raise funds to invest, respectively, 479 million 900 thousand yuan, $419 million 200 thousand.

Sunshine 16 evening announcement to disclose the company's 2011 Annual Report, in 2011 net profit of $225 million, compared with an increase of 23.92% in 2010.

Sunshine 2011 full year operating income of 2 billion 354 million yuan, an increase of 8.48% over the previous year, attributable to shareholders of listed companies net profit of $225 million, compared with an increase of 23.92% in 2010, basic earnings per share of $0.6.

Yankon intends to total capital of 430252720 shares as the base, to all shareholders for every 10 shares of 5 shares, bonus shares for every 10 shares were distributed 1.5 yuan (including tax). It is understood that the company in the last 3 years, the main investment direction is: micro mercury environmentally friendly energy-saving lamps, LED lighting and lighting projects.

Among them: the micro mercury environmentally friendly energy-saving lamps and LED lighting project to raise funds to invest, respectively, 479 million 900 thousand yuan, $419 million 200 thousand. Construction progress was 1.5 years and 3 years. Lamp project with its own capital investment, the amount will depend on the size of the income growth and the specific determination of their own funds.

In addition, Yankon will adopted the Twelfth Meeting of the Xiamen sun "on the replenishment of the motion" to use the funds raised in the April 15, 2012 meeting of the sixth session of the board of directors, the company agreed to use the funds raised 419 million 200 thousand yuan to Xiamen sunshine Ennai Lighting Co. Ltd. (hereinafter referred to as "Xiamen sunshine") capital increase, of which 100 million yuan for the registered capital increase the remaining 319 million 100 thousand yuan into the capital fund.

In order to ensure the Xiamen sunshine equity investment project construction funding needs, according to the project construction schedule, the company intends to use the funds raised 419 million 200 thousand yuan in capital of Xiamen sunshine, the capital price per yuan of registered capital of 4.192 yuan, of which 100 million yuan to increase the registered capital, the remaining 19 million 200 thousand yuan into the capital fund.

After the completion of the capital increase, Xiamen sunshine registered capital increased from $200 million to $300 million. The company's investment in the capital of Xiamen sunshine for the actual investment projects.

According to reports, the expansion of the registered capital of Xiamen sunshine 100 million yuan, the source of funds for the company's non-public offering of shares to raise funds. Second, the use of funds to raise funds for the use of Xiamen sunshine 419 million 200 thousand yuan, the capital increase of the registered capital of $4.192 per yuan, of which $100 million increase in registered capital, the remaining $319 million 200 thousand into the capital reserve. The purpose of this capital increase is used to invest in the implementation of the Xiamen sunshine investment projects LED energy-saving lighting products investment projects.

The capital increase in line with the non-public development of 2011 year plan stock, the provisions of the project did not raise funds to invest in conflict with the implementation plan.

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