Aoyang Shunchang announced an additional 100 million yuan investment in the LED industry

[High-tech LED News] Recently, Jiangsu Aoyang Shunchang Optoelectronic Technology Co., Ltd. announced that it will increase its capital of 100 million yuan to its wholly-owned subsidiary Huai'an Aoyang Shunchang Optoelectronic Technology Co., Ltd. according to the management's investment arrangement.

After the capital increase is completed, the registered capital of Huai'an Aoyang Shunchang will increase from 100 million yuan to 200 million yuan. Huai'an Aoyang Shunchang announced that it has completed the corresponding industrial and commercial registration procedures and obtained the renewed Business License for Enterprise Legal Person.

It is reported that Jiangsu Aoyang Shunchang reviewed and approved the “Proposal on Investment in LED Projects” at the 2011 First Extraordinary General Meeting of Shareholders held on March 9, 2011, and agreed to implement LED epitaxial wafers with a total investment of RMB 1 billion. Chip industrialization projects and empower management to implement specific investment issues.

Gaogong LED Industry Research Institute (GLII) believes that Aoyang Shunchang's large-scale investment of 100 million yuan shows that the company is very optimistic about the development prospects of the LED industry.

Multi Plugs Power Adapter

Universal Plug Adapter,Travel Plug Adapter,Universal Travel Plug Adapter,Multi Plugs Power Adapter

Ninghai Yingjiao Electrical Co., Ltd. ,