On March 2, Sichuan Huati Lighting Technology Co., Ltd. listed the latest progress, and its pre-disclosure updated the “IPO Prospectus”. It is expected that the CSRC may review the initial application for Sichuan Huati Lighting in the near future. It is understood that as early as July 3, 2015, Sichuan Huati Lighting disclosed the initial stock prospectus for the first time, and it is proposed to apply for listing on the Shanghai Stock Exchange. Sichuan Huati Lighting's latest prospectus shows that in 2014, 2015 and 2016, the operating income was 360.371 million yuan, 370.8878 million yuan and 40.805 million yuan respectively. The net profit attributable to the owners of the parent company was 35.569 million yuan and 45.258 million yuan respectively. Yuan and 48.065 million yuan. The main business of Huati Lighting is the planning and design, product development and manufacturing, engineering project installation and operation management and maintenance services in the urban lighting field. In 2016, its main business income reached 40,276,200 yuan, accounting for 98.7% of the total operating revenue. In 2014 and 2015, its main business also exceeded 98%. Among the main business of Huati Lighting, the business with large operating income is mainly landscape lighting, road lighting, installation of engineering projects and non-lighting products such as communication towers. It is understood that Sichuan Huati Lighting intends to publicly issue shares of no more than 25 million shares, and the ratio of the number of new shares issued and the number of open shares of the old shares to the total share capital of the issuing company is not less than 25%. The operation of the raised funds will be carried out around the company's main business, focusing on improving the company's research and development capabilities and product technology level, expanding the scale of operations, improving the asset and liability structure, and further enhancing the company's core competitiveness. The proposed investment projects and usage plans for Huajing Lighting are: 1. Urban lighting system technical transformation and expansion projects, with a total investment of 99.308 million yuan; 2. R&D and design center construction projects with a total investment of 38.579 million yuan; 3. Marketing The total investment of the network construction project is 2,876,180 yuan; 4. The supplementary working capital is 60 million yuan. According to the data, Sichuan Huati Lighting was established by the overall change of Sichuan Huati Lighting Co., Ltd., which was established in 2004. Since then, it has increased its capital and registered capital several times until the registered capital in May 2012 increased to RMB 120.58 million.

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