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Roadshow for Nata Opto-Electronic's IPO will be online on July 27

On July 26, 2012, Jiangsu Nata Opto-electronic Material Co., Ltd. made an announcement that the application of an IPO of less than 12,570,000 RMB common stocks (A shares) has obtained No.[2012]945 approval issued by China Securities Regulatory Commission.
It is reported that the stock issuance adopts the method of off-line allotment to allottees and online pricing issuance for public investors. There are 6,400,000 stocks for off-line allotment, taking an account of 50.91% of the total stocks, and the rest go to online issuance. From 9:00 am. To 12:00 am. on July 27, Jiangsu Nata Opto-electronic Material Co., Ltd. and its sponsor, Pacific Securities, will have online roadshow for the issuance.

Dongshan Precision Invested 540 Million RMB for the Expansion of LED and Precision Module Programs

Dongshan Precision issued 2012 non-public offering plan, in which the total shares of this non-public offering are no more than 62,000,000, and the upper limit of the raised capital is 1,081,000,000 RMB (including issuance costs).
The raised capital from this non-public offering is mainly invested into the overall expansion programs of the precision manufacturing system. The following aims are to be reached: 1. To improve the production capacity of precision manufacturing, and enhance the competitiveness of the company; 2. To better the service system of precision manufacturing and increase the value proportions of the company in the industrial chain; 3. To increase the income from main business and thus improve the level of profitability.

Guangzhou Metro will Spend 29 Million RMB to Replace Platform Lights with LED Lights

It is reported that Line 2 of Guangzhou Metro will spend 29 million RMB to replace 18,000 sets of platform lights with LED lamps. This project is advertised for bid.
The notice reads that half of the project expense comes from city metro construction funds, and the other half is raised by metro company. This is a cross-strait cooperative project on semi-conductor lighting.

Proview Group Attracted Millions of Investment to Transform LED Lighting and New Energy

On July 29, the founder of Proview Group, Yang Rongshan said Proview Group has now accepted millions of investments from abroad, with which a new subsidiary company will be set up for new energy transformation, such as LED lighting and bio-power generation.
Yang Rongshan added that the new company will take the former LED production base in Wuhan as the foundation and schedule to turn out 5 million lights a year. As to the future profit forecast, Yang Rongshan believed that LED lighting is short in investment period, and the focus, therefore, should be placed on production and marketing.

The Net Profit of Everfine in the First Half of 2012 Increased 10%

On July 31, Everfine released 2012 semi-annual report. During the reported period, the total income of the company is 92,590,000 RMB yuan, with an increase of 1.43%, and the total net profit is 43,930,000 RMB yuan, with a increase of 11.88%, and about 37,090,000 RMB yuan of net profit is made for shareholders of the listed company, with a growth of 9.83%.
According to Everfine, the income from LED industry accounts for 79.10% of the main business income, and the main business moves towards LED industry, which actualized a main business income of 71,341,900 RMB yuan, with a year-on-year increase of 13.71%. Everfine is optimistic about LED industry as sunrise industry, with the firm belief that it will give impetus to the development of main business of the company.

Honyar Obtained 1,2 Millions RMB from Development and Reform Commission for LED Lighting Foreign Aid Projet

Recently, China Development and Reform Commission has called for the first-phrase bidding for foreign aid projects, and China Potevio won the bid. Hangzhou Honyar, as a subsidiary company on LED industry of China Potevio, undertakes the project.
This LED lights project is the first project of the 200 million RMB cooperation from Development and Reform Commission. According to Honyar's introduction, the contract amount of this project is more than 12 million RMB The successful products are Honyar LED bulbs and T8 light pipes. The one-time delivery will be made on July 31.

Lustrous Technology Set up a Subsidiary Company in Shenzhen to Seize Domestic Market

Lustrous Technology is optimistic about the prospect of LED lighting market, and it will set up a subsidiary company in Baoan District of Shenzhen in late July in order to meet the increase demand of LED lighting. It will work with lamp manufacturers in south China to provide the most timely and top-quality products and services.
This year, Lustrous Technology will commit itself to strengthen the operation of LED lighting in mainland China, and build the inland as its base to provide the most improved technological services for customers around the world. In the third and the forth seasons of 2012, Lustrous Technology will bring in more creativities and products in order to seize the opportunities with the advantages of a full range of diversified products.

Malaysia Kelington Group Intends to Enter Chinese LED market

Kelington Group Berhad (KGB), a manufacturer on high purity gases and chemistry infrastructure, desires to expand LED market in China to gain more profits. The president of the Group, Ong Weng Leong expressed that although Kelington provdies some LED services in China, he wishes to expand services by making use of the growth of LED market in China.
Ong Weng Leong explained that they are optimistic about the prospect of LED market in China. Kelington has made investment in Malaysia to set up factories to develop LED business, but the prospect of LED business in China is brighter than that in Malaysia.
It is expected that the market scale of lighting business will be up to 1220 million dollars in 2010, accounting for 15.4% of the global market, so that economy will develop sustainably and domestic infrastructure will be expanded. It is predicted that the turnover of LED market in China will increase 18.3%, and reach 2 billion dollars in 2015.

LED Industrial Base Costing Billions of RMB will be Built in Xian Airport New City

Recently, Airport New City in Xixian New District, Xian, Shanxi Province made an announcement that two major advantages, i.e. the high efficiency and convenience of International Airport to different places around the world, and the comprehensive bonded area built on the basis of the only first-class port open to the outside world in Shanxi Province, will be made full use of to build up a LED industrial base that costs billions of RMB.
It is reported that the planned area covers 5800 mu, and the launching area covers 2800 mu. The total investment amount of 5 billion RMB is used to set up research and development base, chip manufacturing base, package and application base as well as supporting areas. Airport New City will highlight its advantage of manufacturing to create the first-class and world famous LED industrial base that costs billions of RMB, so that it will become the radiant industry with best growth, permeability and drive among strategic emerging industries in western China.

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