Foshan Electrical and Lighting announces that its holding subsidiary Liaowang Autolights plans to invest in establishing a wholly-owned subsidiary Liaowang Autolights Co., Ltd. in Xiangcheng District, Suzhou, with an investment amount of approximately 0.58 billion yuan. This investment aims to expand the business of auto OEMs in the cni yangtze region, increase production capacity, accelerate the layout and upgrade to the mid-to-high end product market.
佛山照明：控股子公司投资5.8亿元设立全资子公司
foshan electrical and lighting: a subsidiary invested 0.58 billion yuan to establish a wholly-owned subsidiary.
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