On the evening of October 26, Sanxiong Aurora issued an announcement. The company plans to set up a wholly-owned subsidiary, Zhongshan Sanxiong Aurora Lighting Co., Ltd., with its own funds.
According to the announcement, the registered capital of the new company is RMB 5 million, and Sanxiong Aurora holds 100% of the shares. Mainly engaged in lighting, lighting electrical accessories and other lighting equipment, photovoltaic equipment, photovoltaic equipment components, switches, sockets, wiring boards, wire and cable, hardware products, household appliances, electrical equipment, decorative items, insulation materials sales, wholesale , retail, etc.
Sanxiong Aurora said that the establishment of the subsidiary's main business of lighting and home lighting products will help the market development of the company's home lighting products, in line with the company's development strategy, and help improve the company's comprehensive competitiveness.
In addition, this foreign investment is to implement the company's strategic planning, make full use of the advantageous resources of Zhongshan Guzhen, expand the company's lighting business, create better conditions for the scale of bigger and stronger home products, create greater value for shareholders, and enhance the company's continued Development capacity.
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