LED lighting dealer Hao Liang global applied for the growth enterprise market, and 'Vanke' invested 8 million to buy shares in advance

On September 12, the Hong Kong stock exchange also posted an application for a company to be listed (The following referred to as hao liang Global) If you want to go public on the gem, the sponsor will be rich in financing. The amount of funds raised is intended to be used to upgrade production facilities, expand product portfolios, enhance R & D capabilities, increase sales staff, expand sales channels and use as working capital. Zhitong Finance and Economics learned that Haoliang Global is a manufacturer and exporter of LED lamps with industry experience of more than 10 years. The production plant is located in Dongguan city, Guangdong Province. The lamps produced by the company mainly include decorative lamps and indoor lamps, the products are mainly sold to customers in North America, Europe and Asia Pacific. At present, the major shareholder of the company is the founder and chairman of the board of directors, Shao Guohua, who holds 78 shares. According to the application materials, on March 25 last year, Hao Liang global entered into an agreement with Vanke, in which Shao Guoqing transferred 22 shares to Vanke at a price of 8 million Hong Kong dollars. The author learned that Vanke here refers to Vanke creation Co. , Ltd. , a company incorporated in Hong Kong in 2011, wholly owned by Ms. Giang. Apart from this shareholding in Haoliang global, since its establishment, it has not carried out any major business. By the end of April this year, Haoliang Global had achieved revenue of 1. HK $2. 1 billion, down 12. 7. Among them, decorative lights accounted for 47. 9, indoor lighting accounted for 52. 1. Net profit was 1176. HK $70 thousand, up 9 million from HK $ in the same period last year. 7. It is worth noting that in the two fiscal years ending April this year, Haoliang Global's sales to the top five customers accounted for of the total revenue respectively. 6 and 86. 1, among them, major customers account for 42. 2 and 29. 1. According to the author's understanding, Haoliang Global's customers often place orders according to actual needs, and the two sides have not signed any long-term agreement with procurement requirements, which leads to the risk of customer concentration in Haoliang Global. If customers reduce orders or lose, it may adversely affect the company's performance.