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.
Battling germs with UV-C radiation: disinfection with light is gaining global importance — in hospitals, offices, kitchens, and bathrooms. Even tap water can be disinfected using UV-C radiation. ams OSRAM has now achieved a technological... READ MORE

Samsung Electronics America today announced availability for the 115” Class Neo QLED 4K (QN90F), the latest super big screen to join the expansive 2025 Samsung TV lineup. The display delivers stunning, AI-enhanced picture quality that&rs... READ MORE