Vigorously develop the automotive lighting market of the joint venture company Wright

Wright (002076) recently announced that, to give full play to their expertise in manufacturing, marketing and brand building of regional advantages, through the complementary advantages, to achieve automotive LED lighting and auto parts product sales scale, funded by the company's own funds and a natural person, Cheng Xiuwei, Shao Hui, Liu Ming to set up a joint venture in Foshan xuelaite Automobile Electronic Sales Service Co. ltd.. The new company registered capital of 5 million yuan, of which the company paid a total of $2 million.

The company said that the joint venture is mainly responsible for the domestic sales of automotive lighting and auto parts products. The establishment of the joint venture company is conducive to the development of automotive lighting products market, expand sales channels, improve product market share, improve the company's overall performance and profitability.

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