Limei Lighting once again invested in establishing a subsidiary with a registered capital of 500,000 yuan.

On July 20, Limei Lighting issued an announcement announcing that due to the development needs of Jiangxi Limei Lighting Technology Co., Ltd., it plans to invest in the establishment of a wholly-owned subsidiary, Hangzhou Hanyu Trading Co., Ltd., with a registered capital of 500,000 yuan.

The announcement shows that the registered address of Hangzhou Hanyu Trading Co., Ltd. is Hangzhou City, Zhejiang Province. Its business scope is R&D and sales of lighting products and supporting devices, design, R&D, technical services and consulting services of lighting products, batteries, solar and wind power generation equipment, self-operation and agency for the import and export of various commodities and technologies, but the state Except for goods and technologies that are restricted to companies or prohibited from import and export, sales of machinery and equipment, metal materials, chemical products (except dangerous goods), Wujijiaodian, electromechanical products, electronic products, automobile and motorcycle accessories, knitted textiles, leather and products, plastic products, paper products, pet supplies, toys, handicrafts, and flowers.

Limei Lighting stated that this external investment is a need for the company's operation and development. It can ensure the smooth progress of business expansion and subsequent market maintenance in the market where the subsidiary is located, and is conducive to enhancing the company's sustainable operating capabilities, establishing a brand image, and improving the company's overall efficiency.

At the same time, this external investment will improve the company's strategic layout, expand the company's business scale, and enhance the company's comprehensive competitiveness. It will have a positive impact on the company's operating performance and is in line with the company's long-term development plan.

LEDinside noticed that last month, Limei Lighting also issued an announcement announcing its intention to invest in the establishment of a wholly-owned subsidiary, Ruichang Limei Precision Technology Co., Ltd., with a registered capital of 5 million yuan due to the development needs of Jiangxi Limei Lighting Technology Co., Ltd.

It is reported that the business scope of Ruichang Limei Precision Technology Co., Ltd. includes hardware product research and development, spray processing, hardware product manufacturing, plastic processing special equipment manufacturing, lighting equipment manufacturing, and non-ferrous metal casting.

Information shows that Limei Lighting was founded in 2011 and listed on the New Third Board in 2016. It is mainly engaged in the research and development, production and sales of energy-saving lamps, LED lamps and other lighting sources and lighting appliances, covering a series of LED lighting related products such as LED tubes, downlights, panels, and floodlights.