Following the official launch of Opal Lighting and Infinity in the capital market in 2016, another LED lighting company successfully landed in the capital market in 2017.
Today, Hengdian Group Debang Lighting Co., Ltd. first publicly issued shares and applied for listing, and successfully passed the China Securities Regulatory Commission for review. It is reported that Hengdian Group Debang Lighting Co., Ltd. plans to issue 60 million new shares and will go public on the Shanghai Stock Exchange.
Hengdian Group Debang Lighting Co., Ltd. is one of the leading suppliers of green lighting products in China, mainly engaged in research, development, production and sales of green lighting products. The company has two production bases in Zhejiang and Jiangxi, and two R&D centers in Hengdian and Hangzhou, and sales branches in North America.
In 2011, the company began to engage in the production and sales of LED lighting products from the focus on energy-saving lamps. From the previous single energy-saving lamps to the current energy-saving lamps, LED bulbs and LED indoor applications, lighting electronics, outdoor lighting, four categories Green lighting products are widely used in civil and commercial lighting.
Debang Lighting maintains long-term and stable cooperative relations with well-known companies such as Philips and Panasonic. In addition to maintaining the existing major customers, it also actively develops customers all over the world, especially in North America, Latin America and the European Union.
According to the data of the prospectus, in the 2013, 2014, 2015 and 2016 to June 2016, the export sales accounted for 79.05%, 81.24%, 85.87% and 85.29% respectively.
The energy-saving lamps and other products produced by the company have been selected as national high-efficiency lighting products promotion projects for six consecutive years from 2008 to 2013. The LED lighting technology developed by the company has obtained the certificate of scientific and technological achievements recognized by Zhejiang Science and Technology Department and the distribution of Zhejiang Provincial People's Government. Zhejiang Science and Technology Progress Award. According to the data released by the High-tech Research Institute LED Research Institute (GGII), the company's LED lighting products exports ranked third in the country in 2015.
It has successively undertaken the lighting projects of key construction projects such as Hangzhou Zhijiang Bridge, Wenzhou Feiyun River Bridge, Anhui Provincial Museum, Ningbo Insurance Bridge and Hangzhou Canal. The company's production and operation in the last three years and the first phase continued to produce and sell.
From 2011 to 2015, it was rated as “Top Ten Enterprises in China's Light Industry Lighting Appliances†for five consecutive years. In October 2014, the company was rated as “China's lighting industry brand-effective enterprise†by China Lighting Association (ranked sixth in terms of sales). In 2016, it was recognized as one of the top 100 light industry enterprises in China by the China National Light Industry Council.
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