Liard Optoelectronics Co., Ltd. announced yesterday that Shenzhen Jinda Lighting Co., Ltd. (hereinafter referred to as “Jinda Lightingâ€), a wholly-owned subsidiary of the company, received the report from Shangrao City Administration Bureau on November 15, 2016. Notice of winning the bid. The notice confirms that Jinda Lighting is the winning bidder of the project “Shenrao City Administrative Center Area Urban Night Improvement Projectâ€, and the contract price is RMB 150 million.
According to the announcement, the contracted contract price of the project is RMB 150 million, accounting for 7.4% of the company's audited operating income of RMB 2,226,251,100 in 2015, accounting for 36.43% of Jinda Lighting's audited operating income of RMB 411,731,200 in 2015. The planned construction period is 80%. On the calendar day, winning the bid will have a positive impact on the company's 2016 annual operating results.
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