Liard has another 260 million yuan order, and the newly signed cumulative order is nearly 1 billion yuan.

Liard (300296) announced on the evening of the 14th that the company's wholly-owned subsidiary Shenzhen Jinda Lighting Co., Ltd. (hereinafter referred to as “Jinda Lighting”) received the Kunming Urban Management Comprehensive Administrative Enforcement Bureau on June 14, 2017 ( The "Bid-winning Notice" sent by the owner is referred to below.

The notice confirms that Jinda Lighting, as the lead party of the consortium, and Beijing Liangye Environmental Technology Co., Ltd. have become the winning bidders for the “Design and Construction Integration Bidding of Kunming Beijing Road and Panlong River Landscape Lighting Improvement Project”. The winning bid price is RMB 520 million. The parties agree that the parties are responsible for 50% of the project.

The company said that the project price is about 260 million yuan, accounting for 40% of Jinda Lighting's audited operating income of 605.928 million yuan in 2016; the project will be completed by September 30, and the company's 2017 annual operating results are expected. Will have a positive impact.

On the evening of June 5, Liard released the 2017 semi-annual performance forecast. The report shows that from January 1, 2017 to June 30, 2017, the net profit attributable to shareholders of listed companies is expected to be 340,885,000 yuan - 385,516,300 yuan, an increase of 90% -110% over the same period of last year; The reason for the sharp increase in performance was the expansion of sales scale and the increase in orders. In particular, the economic business orders for night travel reached 1 billion, an increase of more than 300%.

The data for the 2016 annual report released by Liard in March this year is also very beautiful. The company's 2016 revenue was 4.378 billion yuan, an increase of 116.45%; the net profit attributable to shareholders of listed companies was 669 million yuan, an increase of 102.19%. Both growth doubled.

In addition, the company's operating cash flow has improved significantly, enhancing market confidence. According to the company's announcement, it is expected that the semi-annual operating cash flow in 2017 will be significantly better than the same period last year.

On July 12, 2016, Shenzhen Jinda Lighting Co., Ltd., a wholly-owned subsidiary of Liard, was recognized as the winning bidder of the “Chifeng New District Night Lighting Renovation and Upgrade PPP Project”. The total bid price was RMB 256 million.

On November 15, 2016, Shenzhen Jinda Lighting Co., Ltd., a wholly-owned subsidiary of Liard, received the “Notice of Winning Bid” from the Shangrao City Administration (the owner). The notice confirms that Jinda Lighting is the winning bidder of the project “Shenrao City Administrative Center Area Urban Night Improvement Project”, and the contract price is RMB 150 million.

On May 17, 2017, Sichuan Puri Lighting Engineering Co., Ltd., a wholly-owned subsidiary of Liard, and Shenzhen Jinda Lighting Co., Ltd. confirmed that it is the “General Contracting for Lighting Engineering Design and Construction (EPC)” The winning bidder, the total contract price of the winning bidding project was RMB 49.76 million.

On May 18, 2017, Shenzhen Jinda Lighting Co., Ltd., a wholly-owned subsidiary of Liard, received the “Notice of Winning Bidding” from the Chifeng New District Management Committee (hereinafter referred to as the “owner”). The notice confirms that Jinda Lighting is the winning bidder of the “PPP Project for the Phase II Lighting Reform and Upgrade Project of Chifeng New District”, and the bid price is RMB 207 million.


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