On May 20, under the turbulent fluctuations of the Hong Kong stock market, NVC Lighting, the largest lighting brand supplier in China and the largest manufacturer of energy-saving lamps, was successfully listed on the Hong Kong main board. The concept of low-carbon energy illuminates NVC's internationalization. the road. Of the 728 million shares issued by NVC Lighting, 90% of them are international placements, 10% are public offerings, each lot is 1,000 shares, and there is 15% of the over-allotment option. Of the funds raised, HK$490 million was used for market expansion at home and abroad, including mergers and acquisitions and other strategic investments.
It is understood that NVC Lighting is the largest supplier of lighting brands in China and the largest manufacturer of energy-saving lamps. Especially in the commercial lighting business, NVC Lighting is a well-deserved industry leader. In China, NVC has manufacturing bases in Guangdong, Chongqing, Zhejiang and Shanghai, and has established two research and development centers in Guangdong and Shanghai. 36 domestic operation centers and more than 2,000 brand stores constitute a complete customer service network. In the world, more than 30 countries and regions have established operating institutions and built a market prototype of an international marketing strategy.
Mr. Wu Changjiang (middle), Chairman, Chief Executive Officer and Executive Director of NVC Lighting, together with the director of the company, Mr. Huang Shifang, Vice Mayor of Huizhou City and members of the listing committee of the Hong Kong Stock Exchange, took a group photo at the listing ceremony today.
The initial prospectus document of NVC Lighting shows that nearly 30% of the proceeds from the listing will be used for investment plans in the Mainland and international markets, including potential acquisition opportunities, alliances, joint ventures and strategic investments; about 25% As a brand strategy and an enhanced sales network; approximately 25% is used for capital expenditure; approximately 10% is used for R&D; and approximately 10% is used for general working capital.
The data shows that achieving more ambitious market investment and brand building is an important goal of NVC Lighting's listing. After listing, it will complete a key step in the strategic deployment of international branding. At this point, NVC Lighting is fundamentally different from many listed companies. NVC Lighting has its own understanding and understanding of the listing. For many companies, financing is the primary and primary goal of listing, and NVC Lighting's view is that the listing can obtain more extensive resources to help them improve their qualifications, management, processes, etc., and strengthen standardized management. Ultimately achieve breakthrough and sustained growth.
In fact, in the past development, NVC Lighting has deeply participated in the competition of global lighting brands, and has taken a solid first step in the internationalization road, and has been recognized and praised. In the 2008 Beijing Olympic Games, NVC Lighting, as the representative of China's lighting brands, competed fiercely with international brands such as Philips and GE. In the end, it won the contract of many venue lighting projects through technology and service strength, making China's lighting products the largest scale for the first time. Accepted the world's highest specification inspection.
Speech by Mr. Wu Changjiang, Chairman, CEO and Executive Director of NVC Lighting
After the baptism and affirmation of the Beijing Olympics, at the Shanghai World Expo held this year, NVC Lighting has achieved a bumper harvest. It not only seized the project of Shanghai Hongqiao Transportation Hub and the lighting renovation project of the 16th Pudong Wharf of Shanghai Bund, but also built the outdoor landscape of Expo Park, Expo Village Hotel Apartment, Expo City Best Practice Area, Expo Luoa Pavilion, Expo There are many projects such as the underground space of the shaft and the World Expo celebration plaza. Among them, the indoor lighting project of the Guangshang C block site includes venues in more than 100 countries. After that, the Guangzhou Asian Games in 2010 will also be able to see the shadow of NVC lighting everywhere.
In addition, NVC's lighting products and application solutions have also been adopted by many other well-known projects in China, including Tianjin Metro and Wuhan-Guangzhou high-speed railway. All these kinds of performances and actions have laid a solid foundation for brand and public opinion for NVC's listing and internationalization strategy.
Mr. Wu Changjiang (right), Chairman, Chief Executive Officer and Executive Director of NVC Lighting, presented souvenirs to representatives of the listing committee of the Hong Kong Stock Exchange (left)
As a leader in Chinese lighting, NVC Lighting's overseas listing has obvious industry significance. Due to the late development and slow development of China's modern lighting technology, although China is a large lighting country, it is not a lighting power. Under the background of China's lighting technology lags behind the international manufacturers' industry, NVC Lighting achieves high-level integration of resources and management and effective upgrade through overseas listing, which will provide greater support for technological innovation and brand promotion, and will vigorously promote the development of China's lighting industry. To make Chinese lighting further narrow the gap with world lighting.
It can be seen that going to Hong Kong for listing and moving towards the international are not the joy of NVC Lighting, but also the joy of Chinese lighting.
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