Tecnon lighting the first hair trick: 2 million 550 thousand listed intends to set up a joint venture lighting company

2 evening, Tai Long (Fujian) commercial lighting Limited by Share Ltd (hereinafter referred to as the "company" or "Tecnon lighting") announcement, the company in June 2, 2017 and Wang Xudong, Zhu Chunli signed the "Shi Yuan (Xiamen) Lighting Technology Co., the company's articles of association", intends to jointly set up a joint venture company Shi Yuan (Xiamen) Lighting Technology Co. ltd..

Joint venture company registered capital of 5 million yuan. The company in the form of money invested 2 million 550 thousand yuan, accounting for 51% of the registered capital; Wang Xudong in the form of money invested 1 million 450 thousand yuan, accounting for 29% of the registered capital; Zhu Chunli in the form of money invested 1 million yuan, accounting for 20% of the registered capital.

According to the announcement, the main business scope of the joint venture company including research and development, LED lighting product design, production, sales. Lighting technology in the field of technical development, technical advice. Design, installation and construction of lighting complete sets of works. Contract energy management, information systems services, software development.

Tecnon lighting said the company set up a joint venture company Shi Yuan (Xiamen) Lighting Technology Co. Ltd. is the main strategic planning and overall Tecnon lighting based on their business development needs, improve the core competitiveness of Tecnon lighting and brand awareness. This investment is invested by the company with its own funds and will not adversely affect the company's financial and operating conditions. There is no harm to the company and the interests of all shareholders. The establishment of the joint venture company is of positive significance to the company's financial position, business results and future development.

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