Chau Ming Technology 4.84 million increase in Shanghai Hanyuan to create a home lighting brand

On September 11, Zhouming Technology announced that the company recently signed the “Equity Transfer and Capital Increase Agreement of Shanghai Hanyuan Lighting Engineering Technology Co., Ltd.” (hereinafter referred to as “this agreement”) with Shanghai Hanyuan. The company will increase its capital by 4.84 million yuan in its own cash. Upon completion of the capital increase, it will acquire 20.59% equity of Hanyuan. At the same time, the two parties will carry out in-depth strategic cooperation in technology research and development, product production, marketing and brand promotion. LED lighting market.

After the completion of this capital increase, the two parties will register and establish the “Zhouming Hanyuan” home lighting brand, and work together to create a new channel for the LED e-commerce era, becoming the first “cloud business” in the LED lighting industry to combine online and offline. The new brand of the model.

Chau Ming Technology said that Hanyuan has been leading the industry in new channels as a LED lighting e-commerce brand. As a large-scale LED lighting R&D manufacturing company, Chau Ming can better help Hanyuan to stabilize the channel leading position in product innovation and cost control. Due to the superposition of resources, the strategic needs of complementary advantages are considered.

It is reported that Shanghai Hanyuan Lighting Engineering Technology Co., Ltd. covers the technical development of lighting engineering, technical consulting, technology transfer, technical services, sales of lighting equipment, rubber and plastic products, hardware, lighting accessories, HVAC equipment, switches, lighting appliances. .

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