Simply can not stop! According to the dry subsidiaries and push ESOP

Changelight 28 announcement, the third session of the tenth meeting of the board of directors and the three board ninth meeting, agreed that the company intends to set up a wholly owned subsidiary of Zhangzhou Qian Yuguang Electric Co. Ltd. in Yunxiao County of Fujian province Zhangzhou City Yun Ling Industrial Development Zone with its own funds invested 30 million yuan".

In addition, changelight December 25th evening announcement, the company intends to launch the first phase of the ESOP, no more than 320 people attended the initial, intends to raise funds not more than 25 million yuan total share subscription, the secondary asset management plan, the aggregate asset management plan share up to 75 million copies, according to the ratio of 2:1 to set up the priority share and secondary share. Asset management plan investment scope is mainly dry according to optical stock.

The company said, the company needs to set up the strategic deployment of a wholly owned subsidiary of LED application based on capacity building, to complement the company's existing business, and gradually realize the integration of industrial chain, enhance sustainable development capacity, improve the revenue of the company.

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