Hongli Optoelectronics: Completed business registration for wholly-owned subsidiaries

Hongli Optoelectronics (300219) announced on September 12 that Hongli Optoelectronics held the 16th meeting of the second board of directors on September 5, 2014, and reviewed and approved the “Proposal on Establishing a wholly-owned Subsidiary in Jiangxi Province”. The board of directors of the company agreed that the company will use its own funds of RMB 100 million to set up a wholly-owned subsidiary “Jiangxi Hongli Photoelectric Co., Ltd.” in Nanchang City, Jiangxi Province.

Recently, Jiangxi Hongli has completed the industrial and commercial registration procedures and obtained the Business License issued by the Nanchang Administration for Industry and Commerce.

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