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Yi Lighting will be listed in Hong Kong on the 29th and plans to place 100 million shares

On September 22, it was reported that Hong Kong lighting and designer brand furniture and accessories retail chain company One Lighting (08222-HK) was listed by introduction. The company plans to place 100 million shares at a price of 0.5 to 0.6 yuan per share, with 4,000 shares per lot. The shares will be listed for trading on the 29th of this month.
Yi Lighting will issue new shares to raise approximately 50 to 60 million yuan, with an estimated net amount of 39.2 million yuan. Approximately 11.2 million yuan will be used to expand the retail floor area of the new LED specialty store, and approximately 11.2 million yuan will be used to expand the retail floor area of the new lighting store. Area, approximately 11.2 million yuan will be used to expand the retail floor area of the new lighting and designer furniture comprehensive store, approximately 2.5 million yuan will be mainly used for marketing and promoting its own trademark brands, approximately 2.7 million yuan will be used to strengthen the logistics management system, and the remaining approximately 400,000 yuan will be used for working capital and other general corporate purposes.

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E-mail: mack@archled.net

Add: Building A2, Mingjinhai Second Industrial Zone, Shiyan Street, Baoan, Shenzhen,Guangdong,China

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