Snow Wright set up a joint venture deep Zhejiang Market

Snow Wright photoelectric 26 announcement that, in order to further explore the sales channels, the company will invest its own funds and the natural person Li Xiaoqing, joint venture to set up "Zhejiang snow Photoelectric Technology Co., ltd.".

The new company registered capital of 5 million yuan. Among them, the snow Wright to invest 1 million 250 thousand yuan currency, accounting for a new equity interest of the company, Li Xiaoqing invested $2 million 750 thousand in currency, accounting for a new equity interest of the company, to the yuan to invest money in the currency of RMB 1 million yuan, accounting for the new company's equity of $20% in 55%.

The joint venture is mainly responsible for the domestic sales of LED, lamps, lighting, electrical appliances, switches, sockets, hardware, auto parts and other products. Snow Wright said that the investment is conducive to the company's deep roots in Zhejiang market, and further develop sales channels, enhance brand image and sales capacity, expand the sales scale.

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