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[newsletter] Mu Lin Sen subsidiary has received a government subsidy.

Famous foreign investment and foreign investment to set up a stock control subsidiary

In the evening of 15, the company announced that the company plans to set up Qingdao west coast landscape lighting optimization and Upgrading Project Co., Ltd. with its own funds and Qingdao West Coast public utility Group Project Management Co., Ltd. (hereinafter referred to as "public group"). The result of the Department's approval is accurate, and the following is referred to as "item company").

According to the announcement, item company is mainly responsible for the investment, financing, design, construction, operation and maintenance, operation and maintenance, advertising management, stage and supporting facilities management and leasing of the landscape lighting optimization project of Qingdao West Coast new area of Qingdao. The registered capital is 10 million yuan, of which the name of the home remittance is 9 million yuan, accounting for the share ratio. 90%; public group recognized the contribution of 1 million yuan, accounting for 10% of the share.

The company has established the PPP cooperation agreement signed by the company and the local government. It can effectively enhance the company's brand awareness and influence in the field of engineering lighting in Shandong province. It will also help to expand the company's engineering lighting business in Shandong province and the whole country. It is conducive to the long-term development of the company and opens a new situation for future PPP projects, especially the cooperation in the field of lighting engineering.

Kibayashi Moriko received a government subsidy of 37 million 500 thousand yuan

Yesterday evening (18) announcements, the company's wholly owned subsidiary Yiwu wood forest Lighting Technology Co., Ltd. in June 15, 2018 received the Yiwu information and photoelectric Hi-tech Industrial Park Management Committee "the notice on the allocation of industrial development subsidies for Yiwu wood lighting technology Co., Ltd." (Yi hi [2018]46) It agreed to allocate 37 million 500 thousand yuan for the first batch of industrial development subsidy in 2018 by Yiwu wood lighting technology Co., Ltd.

The company said that the above funds had been allocated to the Yiwu wood forest company account in June 15, 2018. The government subsidies we received are expected to increase the company's total profit of RMB 37 million 500 thousand yuan in this year.

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