Company introduction

The company is a well-known optical supplier, with a total location in Changzhou City, Jiangzhou Province, China. By volume, the company is the tenth largest optical supplier in China's communications market in 2015. The share of the company's optical sales in China's communications market increased from 2.0% in 2013 to 3.2% in 2015. The company's optical products have been awarded ISO 9001VR 2008 and ISO 14001VR 2004 certificates, and were recognized as a high-tech enterprise in 2010 by the Science and Technology Institute of Jiang Province, China.

For the years ended December 31, 2013, 2014 and 2015 and the five months ended May 31, 2016, the company's income was 265.2 million yuan, 380.6 million yuan, 612.6 million yuan and 319.0 million yuan, respectively. In the same period, the profit and profit of the company was about 146 million yuan, 2.35 million yuan, 7.22 million yuan and 3.65 million yuan respectively.

The defined use of the proceeds

Assuming that the over-allotment rights have not been exercised, based on the median sales calculation of HK $1.01 per share, it is estimated that the income from the sale of shares will be HK $245.6. The Board will apply the proceeds to the following purposes: