Million run sun Technology Co., Ltd. signed a construction contract over 100 million yuan

Allring technology December 30th morning announcement, a wholly owned subsidiary of Shenzhen days photoelectric Co., a wholly owned subsidiary of Huizhou City, optoelectronics Co. Ltd. (hereinafter referred to as the "Huizhou day" or "employer") on December 28, 2015 on the new factory construction project construction project in Fujian province and the homologous Construction Engineering Company Limited (hereinafter referred to as the "contract people in the city of Huizhou) signed the" Guangdong province construction standards "construction contract, the total contract amount of 104 million 901 thousand and 500 yuan.

On the construction of a new plant in Huizhou on the construction of the project investment projects, in December 28, 2015, the chairman of the company Mr. Li has agreed to decide. And according to the provisions of the "articles of association" and "investment management system", Huizhou, the infrastructure project investment in new plant construction project approval in the chairman of the company within the scope of authority, no need to submit them to the board of directors and the shareholders' meeting.

Announcement said that the construction of new factory construction project of the wholly owned company Huizhou sun day, to expand its scale of production and operation of LED lighting products, reduce manufacturing cost, improving the efficiency, improve the LED lighting products market competitiveness and market share, and create more value for the listed company, after the completion of the project will have a positive impact on the company's future operating results for the year, but the impact on the independence of the business, the company will not.

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