Foshan Lighting was informed on the website of the China Securities Regulatory Commission on the evening of December 1, 2017 that the company's shareholding company, Xiamen Bank Co., Ltd. (hereinafter referred to as “Xiamen Bankâ€) submitted the initial public offering of shares to the China Securities Regulatory Commission on November 24, 2017. Application materials, and the application has been accepted by the China Securities Regulatory Commission.
According to the “Xiamen Bank Co., Ltd. Initial Public Offering (A-Share) Prospectus (Draft)†document disclosed by the Bank of China on the website of the China Securities Regulatory Commission, Xiamen Bank currently has a total share capital of 2,375,215,099 shares, and the company holds 109,714,176 shares. Its current total share capital is 4.62%.
At present, the CSRC has accepted the IPO application of Xiamen Bank, and it is still necessary to review the application. Whether the IPO application of Xiamen Bank can be successfully approved by the China Securities Regulatory Commission is still uncertain. And if the shares of Xiamen Bank held by the Company are listed, the current share issuance price is not determined, the specific income is still unpredictable, and the impact on the company's future financial status and operating results cannot be determined. The company will fulfill its information disclosure obligations in a timely manner in accordance with the progress of the matter. Investors are advised to invest rationally and pay attention to investment risks.
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