Wanrun Technology 30 million Hubei Xiantao set up a wholly-owned subsidiary

Wanrun Technology (002654) announced on the evening of September 19 that the company plans to set up a wholly-owned subsidiary Wanrun Technology (Hubei) Co., Ltd. with its own capital of 30 million yuan. Research and development, production and sales of LED optoelectronic components and related applications, lighting products and accessories.

Wanrun Technology said that this investment is conducive to expanding the company's business scale, improving the industrial layout and regional layout, enhancing the market share and popularity of the company's LED products, and fostering new profit growth areas for the company.

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