Refond to Strengthen Competitiveness in LED Industry through Joint Venture

Refond announced the establishment of a new holding subsidiary in Changzhou on December 10th, 2013 through joint investments with Li Yanpeng and Pan Hongmei. The holding subsidiary has a registered capital of RMB 1 million (US $164,000). Li and Pan together have contributed a capital cash investment of RMB 510,000, each with a registered capital of RMB 245,000, accounting for 24.5 percent individually.  


The establishment of the new subsidiary aims to develop a new operation business model and cooperation in the automotive electric and general lighting product business in the Yangtze River delta region to strengthen the company’s competitiveness in the LED industry. Expansion of the company’s operation and market field is important to increasing  future earnings.
 

Disclaimers of Warranties
1. The website does not warrant the following:
1.1 The services from the website meets your requirement;
1.2 The accuracy, completeness, or timeliness of the service;
1.3 The accuracy, reliability of conclusions drawn from using the service;
1.4 The accuracy, completeness, or timeliness, or security of any information that you download from the website
2. The services provided by the website is intended for your reference only. The website shall be not be responsible for investment decisions, damages, or other losses resulting from use of the website or the information contained therein<
Proprietary Rights
You may not reproduce, modify, create derivative works from, display, perform, publish, distribute, disseminate, broadcast or circulate to any third party, any materials contained on the services without the express prior written consent of the website or its legal owner.
Nichia, the world's largest LED manufacturer and inventor of the high-brightness blue and white LEDs, is pleased to announce that Cube Direct Mountable Chip received the LightFair Innovation Awards in the LED Chips & Modules category. ... READ MORE
Now that TGL presented by SoFi has wrapped its groundbreaking inaugural season, Samsung Electronics America proudly celebrates its role as an Official Screen Partner, helping to redefine how fans experience the sport of golf. Throughout the se... READ MORE