Siu Chi shares 80 million joint venture to set up a joint venture lighting

Siu Chi shares 22 morning announcement that intends to related parties Shenzhen city anodia future management consulting partnership (limited partnership) (hereinafter referred to as "anodia future") jointly funded the establishment of Shenzhen zhaochi lighting Limited by Share Ltd (specific name registration approved by the company registration authority shall prevail, hereinafter referred to as "Siu Chi lighting"). Trillion lighting registered capital of 200 million yuan, of which the company invested $80 million, accounting for 40% of the registered capital of the future contribution of light trillion yuan, accounting for 60% of registered capital.

Siu Chi shares said, smart lighting is hot in recent years the industry concerned, in order to further improve the layout of lighting companies in the whole industry chain, through this investment, the company will integrate the advantages of resources and platform lighting field, improve the ability of research and innovation, the development of innovative lighting application plan, build brands, improve the company the brand influence, to promote the rapid development of business and the profitability of the company related industrial chain, bring new profit growth point for the company, listed companies to improve the core competitiveness and comprehensive strength, to create better value in return for shareholders.

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