In 2017, the total export volume of LED lighting products in China has also been rising, and it has become a major exporter of LED products in the world. For overseas LEDs, the overseas market is both an opportunity and a challenge. On the one hand, it has broad market prospects. On the other hand, it is constantly raising the trade threshold. It requires domestic LED companies to continuously enhance their brand awareness and product advantages. In recent years, driven by the deepening of the globalization process and the policies of countries promoting LED products, domestic LED companies have gone out of their way. In 2017, the total export volume of LED lighting products in China has also been rising, and it has become a major exporter of LED products in the world. For overseas LEDs, the overseas market is both an opportunity and a challenge. On the one hand, it has broad market prospects. On the other hand, it is constantly raising the trade threshold. It requires domestic LED companies to continuously enhance their brand awareness and product advantages. On the evening of February 1, Overclocking III (hereinafter referred to as the company) announced that it would respond to the development strategy of the National Belt and Road in accordance with its own business development needs and future development. The company invested in the establishment of overseas company Overclocking three (International) Technology Co., Ltd. Hereinafter referred to as overclocking three (international), the registered capital is 37,384.00 Belarusian rubles (according to the exchange rate at that time, the total amount of RMB is about 119,393.73 yuan). In view of the fact that more than two shareholders are required to register a limited liability company in Belarus, overclocking three (international) is jointly established by the company and its wholly-owned subsidiary Huizhou Overclocking Optoelectronics Technology Co., Ltd. (hereinafter referred to as Huizhou Overclocking III). Huizhou Overclocking III owns 99%. The equity of Overclocking 3 owns 1% of the equity and is funded by its own funds. Overclocking 3 said that Overclocking (International) Technology Co., Ltd. plans to establish a production base in Zhongbai Industrial Park to engage in R&D, production and sales of LED lamp cooling kits or finished products. At the same time, it plans to establish an international standard quality inspection center to enhance the company's products. Technical level and technological innovation capabilities. This foreign investment is conducive to the company's full follow-up to the Belt and Road, further clarifying the strategic layout of the overseas market, and actively integrating internal resources, making full use of both domestic and international resources, and the two markets steadily explore the company's development space. After the completion of this foreign investment, it will help the company to build an international brand and expand its international influence, and comprehensively enhance its comprehensive competitiveness. On February 2, Mulinsen also announced that the company received the China Securities Regulatory Commission (hereinafter referred to as the China Securities Regulatory Commission) on February 1, 2018, regarding the approval of Mu Linsen Co., Ltd. to Yiwu Harmony Mingxin Equity Investment Partnership ( Limited Partnership) The issuance of shares to purchase assets and the collection of matching funds (CSRC No. 211). According to the previous announcement of Mulinsen, Mulinsen intends to issue shares to Yiwu Harmony Mingxin Equity Investment Partnership (Limited Partnership) to purchase 100% equity of Harmony Mingxin (Yiwu) Optoelectronics Technology Co., Ltd. (hereinafter referred to as Mingxin Optoelectronics). The transaction amount is 4 billion yuan. Established in July 2016, Mingxin Optoelectronics was established mainly for the acquisition of Landewans. Except for the indirect holding of 100% of the shares of Roundvalus, there is no other business. Landwells is a company established by the global lighting giant Osram to divest the general lighting business. The products are mainly traditional light source business (including thermoluminescent lamps, etc.), LED light source, OTC lamps and smart home electronics. This time, Mu Linsen's acquisition of Landwell's assets was approved by the China Securities Regulatory Commission. It also symbolizes that Mulinsen has made significant progress in expanding the overseas lighting market!
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