[text] Hongli Newell investment joint venture company set up LED, three male Aurora subsidies

Nina Li hung Hui Zi company with three lighting company jointly invested 100 million yuan to set up a joint venture company LED

Today morning, Hongli Newell (hereinafter referred to as "the company") announced in April 9, 2018 the company held the third session of the twenty-eighth meeting of the board of directors approved "on the subsidiary foreign investment bill", agreed to a subsidiary of Jiangxi Hongli opto electronic Co., Ltd and Xiamen sun Ennai Lighting Co. Ltd., Zhejiang sunshine Canada Lighting Co., Ltd. Yingtan Yankon Quartet jointly invested 100 million yuan to set up Jiangxi Hongli Zhida Co. Ltd. (tentative name, specific to the administrative department for Industry and Commerce approved names shall prevail) (hereinafter referred to as "joint venture"), a joint venture company mainly produces LED filament and SMD device products.

Hongli Newell said that recently, the joint venture company has obtained a business license the District Bureau of administrative examination and approval issued ".

Mitsuo Aurora subsidiary company received 14 million 840 thousand yuan of government subsidies

Yesterday (18) evening, three male Aurora (hereinafter referred to as "the company") announcement, a wholly owned subsidiary of Chongqing three male Aurora Lighting Co., (hereinafter referred to as "Chongqing army") in April 16, 2018 received the Chongqing Wanzhou economic and Technological Development Zone Finance Bureau according to the "Wanzhou economic and Technological Development Zone Party committee in 2016 fifteenth Joint office conference summary "and" three male Aurora Wanzhou base project supplemental agreement "2018 allocated funds to support the production of 14 million 840 thousand yuan, subsidies in the form of cash grants, government grants related to income, recognized as income when received.

Three male Aurora said that the government subsidies received by the company this year is expected to increase the total profit of RMB 14 million 840 thousand yuan, will have a positive impact on the operating results of the company in 2018.

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