Zhaochi shares announced that the company's wholly-owned subsidiary Shenzhen Zhaochi Energy-saving Lighting Co., Ltd. (hereinafter referred to as "Zhaochi Energy-saving Lighting Company") plans to invest in the establishment of Jiangxi Zhaochi Photoelectric Co., Ltd. (hereinafter referred to as "Jiangxi Zhaochi" ), the total investment is 500 million yuan.
Zhaochi said that since entering the LED industry in 2011, the company's LED business has shown rapid development momentum and currently holds a certain position in the industry. However, due to the limitations of the venue, the company's production capacity can not meet the growing demand for orders. The purpose of setting up a subsidiary in Jiangxi is to establish a LED product R&D and production base, expand the company's LED backlight, lighting, packaging product capacity, reduce product costs, and further improve the company's industrial layout.
Jiangxi Zhaochi's business scope includes: light-emitting diode (LED) devices, LED backlight products, LED lighting products, LED backlight LCD TV displays, LCD displays, MID products, etc. (Legal, administrative regulations, State Council decisions require registration before registration Except for approved projects).
Zhaochi said that this investment is in line with the company's strategic plan, which is conducive to improving the company's comprehensive competitiveness, and is conducive to further optimizing the company's business layout, enhancing the company's scale advantage and consolidating the company's industry position.
Zhaochi said that since entering the LED industry in 2011, the company's LED business has shown rapid development momentum and currently holds a certain position in the industry. However, due to the limitations of the venue, the company's production capacity can not meet the growing demand for orders. The purpose of setting up a subsidiary in Jiangxi is to establish a LED product R&D and production base, expand the company's LED backlight, lighting, packaging product capacity, reduce product costs, and further improve the company's industrial layout.
Jiangxi Zhaochi's business scope includes: light-emitting diode (LED) devices, LED backlight products, LED lighting products, LED backlight LCD TV displays, LCD displays, MID products, etc. (Legal, administrative regulations, State Council decisions require registration before registration Except for approved projects).
Zhaochi said that this investment is in line with the company's strategic plan, which is conducive to improving the company's comprehensive competitiveness, and is conducive to further optimizing the company's business layout, enhancing the company's scale advantage and consolidating the company's industry position.
Easy Electronic Technology Co.,Ltd , https://www.nbpcelectronicgroup.com