Company introduction

The company is the leading supplier of railway fastener system in China's railway industry. According to Frost Sullivan's data, according to the revenue calculation for the year ended December 31, 2015, the company is the largest supplier of road fasteners in China, accounting for about 17.1% of China's railway fastener system market. The company is one of the seven pre-assembled high-speed railway fastener system suppliers that have obtained the product certificate of the China Railway Inspection and Certification Center, and it is also the only inland private company that has passed the certificate. The supply range of the railway fastener system covers the whole country, including all four and four expressway corridors. For the years ended December 31, 2013, 2014 and 2015 and the six months ended June 30, 2016, the company's income was 609.3 million yuan and 854 million yuan respectively. 8 million yuan, 907.0 million yuan and 521.9 million yuan; over the same period, the company's profits and profits were about 672,000 million yuan, 188.4 million yuan, 228.1 million yuan and 157.2 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 $3.37 per share, it is estimated that the income from the sale of shares will be HK $688.0.