100 million yuan! Hongli subsidiary intends to invest LED stent and optical lens production project

Yesterday (19) evening, Hongli Newell announcement, a wholly owned subsidiary of Dongguan Liangyou Hardware Products Co. Ltd. (hereinafter referred to as "Liangyou hardware") in order to expand the LED bracket, precision components production scale, better for Jiangxi honglitronic Co. Ltd. (hereinafter referred to as Jiangxi Hongli) LED packaging production base to provide raw materials supporting services, which plans to raise funds in the Nanchang Airport Economic Zone Management Committee park a total investment of not more than 100 million yuan to build LED stent and optical lens production project. And, for the implementation of this project, Liangyou hardware to be registered to set up a wholly-owned subsidiary of Nanchang Liangyou Hardware Products Co., Ltd. in Nanchang city (tentative name, the specific name to industrial and commercial registration) (hereinafter referred to as item company), for the subsequent investment.

According to statistics, Liangyou hardware was founded in 2007, the main business scope includes: research and development, production and sales of electronic products and accessories, precision molds. In addition, the item company's business scope: electronic products and accessories, precision mold R & D, production and sales.

Hung said that through this investment, to expand the scale of production and support LED Liangyou hardware precision components, precision components manufacturing company to become the companion hardware LED stent manufacturers, China leading industry leading, provide better raw materials supporting services for the Jiangxi Hongli LED packaging production base, is conducive to enhance the company's profitability the ability and core competitiveness.

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