From 《Securities Daily》 ‘Dark Horse Ledman Starts Launch IPO Today’

Ledman Optoelectronic Co., Ltd. (Hereinafter referred to Ledman) published a letter of intent in today’s IPO prospectus. The planned IPO is 16.8 million shares with a 67 million total share capital and will be publicly traded on the ChiNext Board on Shenzhen Stock Exchange. Ledman will start a pre-road show to promote from Dec. 27th to Dec. 29th in Shenzhen, Shanghai and Beijing. The purchase will be officially launched on Jan, the 4th, 2011. Due to fast growing of LED industry and the great market demand, Ledman’s sales volume goes up at a very optimistic pace, with 71.6 milion RMB in 2007, 75.65 million RMB in 2008, 101.6 million RMB for 2009 and 87.68 RMB for the first half year of 2010. The capital raised this time will be invested to the expended LED encapsulation projects and the expended high quality LED display and LED lighting products projects.