Zhejiang Xuguang plans to invest 9 million to set up a subsidiary to enter the field of intelligent lighting engineering

Zhejiang Xuguang announced on March 1 that the company intends to jointly establish a holding subsidiary Zhejiang Guanhao Intelligent Lighting Engineering Co., Ltd. with Shao Zhenping. The registered place is Binjiang District, Hangzhou City, Zhejiang Province, with a registered capital of 10 million yuan, of which the company invested 9 million yuan. , accounting for 90% of the registered capital.

Zhejiang Xuguang said that this foreign investment has entered the field of intelligent lighting engineering relying on the company's advantages in brand and technology accumulation and market share, which has increased the company's new profit growth point and is in line with the company's strategic planning.

At the same time, this foreign investment can expand the company's business scope. In the long run, it is in line with the company's development strategy and has positive significance for the company's future business development. There is no harm to shareholders and the company's interests.


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