On January 8th, Alto Electronics and Feile Audio successively announced the bidding announcement, and the winning bids exceeded 100 million yuan. In the context of smart cities and landscape lighting, many lighting engineering companies have repeatedly won large orders.
Alto Electronics Subsidiary won the bid for major engineering projects
On January 8, Alto Electronics announced that the company's wholly-owned subsidiary Shenzhen Qianbaihui Lighting Engineering Co., Ltd. (hereinafter referred to as “Qianbaihuiâ€) recently received the Qingdao Municipal Service and Public Resource Transaction Management Office. "Notice of winning the bid". The notice confirms that Qianbaihui is the successful bidder of the “General Contracting for the Design and Construction of the Lighting Improvement Project in Nanjing Road and Fuzhou Road (in the southern part of the city).
The bid price of the project is RMB 110,284,300, accounting for 24.13% of Alto's 2016 audited operating income of RMB 457,079,739.05, accounting for 70.37 of Qianbaihui's 2016 audited operating income of RMB 156,718,868.86. %. If the successful bidding project is finally signed and successfully fulfilled, it is expected to have a positive impact on Alto's 2018 annual operating results. The winning bid of this project will further enhance the influence of Qianbaihui in the industry and promote the development of Alto Electronics in the smart lighting sector.
Fei Le audio won the bid "Wisdom Liping" project
On January 8th, Feile Audio announced that Feile Audio (for the project lead unit, hereinafter referred to as “the companyâ€), Tibet Mingfeng Capital Investment Management Co., Ltd., Guiyang Building Survey and Design Co., Ltd., and the nuclear industry Zhicheng Construction Project Sichuan Yaming Lighting Co., Ltd. (a consortium), a wholly-owned subsidiary of Beijing Shenan Investment Group Co., Ltd., a wholly-owned subsidiary of the company, is the winner of the “Smart Liping†poverty alleviation tourism supporting project in Liping County.
According to the announcement, the main construction contents of the project are smart landscape, smart lighting, smart parking lot, smart sanitation, and adopt the government and social capital cooperation mode (PPP mode), specifically adopting the “BOT (DBFOT)†project operation mode. The estimated total investment of the project is 1,185.63 million yuan (RMB), and the project cooperation period is set to 17 years (the start-up time is subject to the supervision start-up order), including 2 years of construction period and 15 years of operation period.
Feile Audio said that the implementation of the project will help the company to further accumulate project experience, enhance the market competitiveness of the company's smart city and smart lighting engineering business, and help the company to build and improve the platform-based operation business based on lighting engineering. The vision of becoming a general contractor and operator of smart cities. After the project is started, it will confirm the annual operating income according to the actual construction progress and the corresponding procedures, which will have a certain impact on the sales revenue of Feile Audio in 2018 and beyond.
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