Zhengtong Electronics announced today that the company plans to invest 20 million yuan to set up a wholly-owned subsidiary, Shenzhen Zhengtong Optoelectronics Co., Ltd., which is mainly engaged in the research and development of LED high-power lamps, LED chip packages, solar street lighting systems, inverters and intelligent controllers. , production and sales.
According to the company, the move is to moderately expand the company's business areas, avoid single business risks, and open up new sources of profit.
Although the company's subsidiary Shenzhen Zhengtong Electromechanical Co., Ltd. has started its business in the field of LED high-power lamps and has certain technology research and development and production accumulation, as the implementation platform of the company's LED-related business, the company's optoelectronics company still has a market. The risk of inexperience, so the subsidiary will use the order production model as the initial main business model.
In addition, the company also plans to invest 20 million yuan, at a price of 5 yuan / share, as a capital increase to increase capital into Hunan Zhongke Hengyuan, of which 4 million yuan to subscribe to the new registered capital of Zhongke Hengyuan, the remaining 16 million yuan as The company's capital accumulation fund.
According to the company, Hunan Zhongke Hengyuan is a high-tech enterprise specializing in researching clean energy application technology and providing overall solutions. It is an integrator of off-grid wind and solar hybrid power supply systems. Zhongke Hengyuan promises to preferentially purchase LED lamps, controllers, inverters and other products produced by the company or its subsidiaries under the same conditions after the company increases its capital.
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