Fujing and Zhongke Wanbang will jointly establish LED lighting company

Fujing Technology (002222) The board of directors recently decided to invest 39 million yuan to establish a new company with Fujian Zhongke Wanbang Optoelectronics Co., Ltd. to engage in the production and sales of LED lighting related products.

The proposed registered capital of Wanbang Optoelectronics is 94 million yuan, and Fujing Technology will account for 41.49% of the registered capital of Wanbang Optoelectronics.

Zhongke Wanbang was established on November 15, 2000 with a registered capital of 15 million yuan. It is mainly engaged in integrated circuit design, LED design, processing and sales of electronic products. Zhongke Wanbang has certain technical and cost advantages in LED packaging, MCOB structure design, chip development and other modules.

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