The consolidation of LED automotive lighting business xuelaite photoelectric lam-kawatech overweight

Wright June 30th evening announcement that the company to encourage employees to play entrepreneurial enthusiasm, the employee of the company Mr. Liu Huogen and other 18 core personnel capital stake in Shenzhen city lam-kawatech Photoelectric Technology Co Ltd (hereinafter referred to as "lam-kawatech photoelectric"), and signed the "Shenzhen Yike Photoelectric Technology Co., Ltd. capital increase contract". The capital increase lam-kawatech photoelectric by Mr Liu Huogen and other 18 core staff a total investment of 2 million 748 thousand and 300 yuan, accounting for 12.69% of the photoelectric lam-kawatech after the capital increase shares. After the completion of the capital increase of the company held by lam-kawatech photoelectric equity ratio was 50.13%.

Snow Wright said the capital increase lam-kawatech photoelectric, is conducive to strengthening the close cooperation between the company and a subsidiary, in a more optimal mode of management to improve the cooperation ability of the whole team, the company to accelerate business transformation, rapid development of LED automotive lighting business has played a positive role in promoting.

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