Hongli Optoelectronics pre-wins the value of 42.93 million LED street light procurement and installation projects

Hongli Optoelectronics announced on the afternoon of November 28th that the construction project information network of Zhuhai City issued the “Zhonghai Public Green Lighting 30,000 LED Street Light Reconstruction Procurement and Installation Project (Second Section)”, the company won the bid as the leader. Zhuhai City public green lighting 30,000 LED street light renovation procurement and installation projects (two tenders).

The winning bid amount was RMB 42.393 million, accounting for 7.82% of the company's 2011 audited consolidated financial statements. The performance of this project will not have a direct impact on the company's 2012 operating results and will have a positive impact on the company's future operating results.

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