The two companies set up 150 million joint ventures to develop intelligent lighting.

In September 22, 2016, the company announced that the company's wholly owned subsidiary, Beijing Shen An Investment Group Co., Ltd., jointly invested with Zhuzhou state owned Assets Investment Holding Group Co., Ltd. and Yun Sai Chi Lian Limited by Share Ltd, set up a joint venture, Yun Sai Zhi Cheng (Zhuzhou) Limited company (provisional name), and the registered capital of the joint venture company is 15000 Ten thousand yuan. Among them, Beijing Shen An Investment Group Co., Ltd. invested 60 million yuan, with a shareholding ratio of 40%. The announcement pointed out that one of the investment partners, Yun Sai Chi Lian Limited by Share Ltd, was a listed company established in 1993. It is also the first largest shareholder of flying music company in Shanghai. The company's main business scope is IOT technology research and development and system integration, cloud computing technology R & D and system integration; big data technology R & D and system integration, computer network communication products, equipment and software, computer information system integration, computer network service business, building intelligent products and engineering, traffic intelligence. Capable of converting products and engineering. Another investment company is Zhuzhou state owned Assets Investment Holding Group Co., Ltd., a large state-owned investment enterprise group approved and formed by the Zhuzhou municipal government. Its main business scope is state-owned assets investment and operation, urban infrastructure, investment and operation of rural infrastructure construction, and enterprise management consulting service. Business. Fei Le sound said that the establishment of a joint venture to provide INESA smart city solutions for Zhuzhou will help the company transform from traditional manufacturing enterprises to modern service manufacturing enterprises providing the overall solution of smart city lighting, and develop from traditional lighting to intelligent lighting. The company will help the company take smart city as its business platform and smart street lamp network as its business starting point, further expand its business scope and channels, enhance the market influence of the company, display the brand image of the company's smart city lighting experts, improve the application level of the company's intelligent lighting, and accelerate the development of the company in the field of intelligent lighting.