At noon on December 11th, Ganzhao Optoelectronics (300102) announced that the company had recently completed the registration of the industrial and commercial registration of the newly established wholly-owned subsidiary Xiamen Ganzhao Lighting Co., Ltd. with a registered capital of 50 million yuan.
The business scope of the subsidiary is mainly the R&D and production of LED lighting products, the R&D and production of packaging and application products of optoelectronic devices, and the provision of related technical consultation and services; the import and export of various commodities and technologies.
According to the previous announcement, the Board of Directors of Ganzhao Optoelectronics reviewed and approved the “Proposal on Establishing a Subsidiary for Foreign Investment†on August 7, 2013, and agreed to establish a wholly-owned subsidiary with a self-investment of no more than RMB 60 million.
The business scope of the subsidiary is mainly the R&D and production of LED lighting products, the R&D and production of packaging and application products of optoelectronic devices, and the provision of related technical consultation and services; the import and export of various commodities and technologies.
According to the previous announcement, the Board of Directors of Ganzhao Optoelectronics reviewed and approved the “Proposal on Establishing a Subsidiary for Foreign Investment†on August 7, 2013, and agreed to establish a wholly-owned subsidiary with a self-investment of no more than RMB 60 million.
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