Riad guarantees the lighting of JINDA, a wholly owned subsidiary of Shenzhen.

Lyad announced in October 25, 2016 that, in view of the company's wholly owned subsidiary, Shenzhen City JINDA Lighting Co., Ltd. (hereinafter referred to as "JINDA lighting") to meet the needs of daily operation. In October 24, 2016, the company held the forty-second meeting of the second board of directors to consider and adopt the motion on providing guarantee for the wholly owned subsidiary of Shenzhen City JINDA Lighting Co., Ltd., and agreed to apply for RMB 80 million yuan to China Co truction Bank Corp branch of Shenzhen, a wholly owned subsidiary of JINDA lighting. Guarantee guarantee for 1 years of comprehensive credit line. It is understood that Riad holds a 99% stake in JINDA lighting, and its wholly owned subsidiary, Shenzhen Riad optoelectronics Co., Ltd. holds 1% stake. The scope of JINDA lighting management includes the planning and design of urban lighting, lighting engineering consultation, the planning, design, installation and maintenance of the lighting environment of buildings, hotels, gardens, squares, roads and bridges; the design, installation and maintenance of professional lighting and intelligent control systems; green lighting products, LED products and Control system development, sales, contract energy management, lighting products, lighting, intelligent control equipment, electrical products and building materials sales; import and export business (laws, administrative regulations, projects approved by the State Council, except for restricted items must be licensed before being allowed to operate). Subject to further application); urban and road lighting engineering professional contracting level 1 (construction enterprise qualification certificate valid until January 5, 2021); lighting engineering design special class a.