Sunshine lighting changes 270 million investment funds to be all invested in LED lighting
Sunshine Lighting (600261.SH) announced on the evening of December 4 that the company intends to reduce the scale of the micro-mercury environmental protection and energy-saving lamp industrialization project of the fixed-income project, and use the changed funds of 269.90 million yuan to implement the annual production of 2000. 10,000 (sets) LED lighting products industrialization project."
The announcement shows that the total investment of the original micro-mercury environmental protection energy-saving lamp industrialization project is 480 million yuan, and the planned investment is 47.9 million yuan. After the project is completed, it will form an annual production capacity of 150 million micro-mercury environmental protection energy-saving lamps. As of November 30, the project has invested a total of 49.543 million yuan. Sunshine Lighting plans to reduce the scale of the project to 75 million, and the proposed investment will be reduced to 210 million yuan, with a savings of 269.90 million yuan.
The Sunlight Lighting LED Lighting Project is implemented in the Shangyu Economic Development Zone of the company's factory. The total investment of the project is 269.90 million yuan, and the construction period is 30 months. After the production, the production capacity of 20 million (sets) of LED lighting products will be formed. The fully-produced year is expected to increase sales revenue by 1.1 billion yuan and total profit of 172.81 million yuan. The investment recovery period is 5.14 years (after tax), and the return on investment is 32.68% (after tax).
According to the company, due to the rapid development and rapid growth of LED lighting in the past two years, the company has considered the LED lighting input-output ratio after careful consideration and judgment, and its future prospects and market growth potential are greater. Therefore, it is recommended that the board of directors and shareholders meeting consider the above investment. Planned changes.
The announcement shows that the total investment of the original micro-mercury environmental protection energy-saving lamp industrialization project is 480 million yuan, and the planned investment is 47.9 million yuan. After the project is completed, it will form an annual production capacity of 150 million micro-mercury environmental protection energy-saving lamps. As of November 30, the project has invested a total of 49.543 million yuan. Sunshine Lighting plans to reduce the scale of the project to 75 million, and the proposed investment will be reduced to 210 million yuan, with a savings of 269.90 million yuan.
The Sunlight Lighting LED Lighting Project is implemented in the Shangyu Economic Development Zone of the company's factory. The total investment of the project is 269.90 million yuan, and the construction period is 30 months. After the production, the production capacity of 20 million (sets) of LED lighting products will be formed. The fully-produced year is expected to increase sales revenue by 1.1 billion yuan and total profit of 172.81 million yuan. The investment recovery period is 5.14 years (after tax), and the return on investment is 32.68% (after tax).
According to the company, due to the rapid development and rapid growth of LED lighting in the past two years, the company has considered the LED lighting input-output ratio after careful consideration and judgment, and its future prospects and market growth potential are greater. Therefore, it is recommended that the board of directors and shareholders meeting consider the above investment. Planned changes.
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