Wanrun Technology invested 30 million yuan to set up a subsidiary

On June 8, Shenzhen Wanrun Technology Co., Ltd. announced that it plans to set up a wholly-owned subsidiary, Shenzhen Wanrun Energy Saving Co., Ltd. with its own funds of RMB 30 million.

It is reported that the main business of the new company includes: contract energy management; R&D and sales of LED lighting products; energy-saving technology development of indoor and outdoor lighting systems; energy-saving technology consulting and evaluation; energy-saving engineering design, construction and maintenance; domestic trade, goods and technology import and export Wait.

In light of the current development of the LED industry, Wanrun Technology stated that the establishment of a wholly-owned subsidiary with its own funds has not only realized the natural extension of the company's technology chain in technology, products and services, but also the innovation of marketing model, which is conducive to further development. Develop a large customer market, increase the market share of products, and cultivate new profit growth points for the company.

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