[High- tech LED reporter report] On January 12, 2011, Ruifeng Optoelectronics (300241) announced that the company and Huizhou NVC Optoelectronics Technology Co., Ltd. signed the "Cooperative Framework Agreement" on January 11, 2012. It is planned to invest in the establishment of a joint venture company to develop, produce and sell LEDs for high-power lighting.
According to the announcement, in order to comprehensively promote the business development of Ruifeng Optoelectronics and NVC in the field of semiconductor lighting, and to play their complementary resources and advantages. The two parties decided to jointly set up a joint venture company engaged in the research and development of LED packaging technology for high-power lighting, LED packaging products manufacturing and sales. The joint venture company is located in NVC Industrial Park, Huizhou City, Guangdong Province. The registered capital of the joint venture company is tentatively set at 50 million yuan, the share ratio of Ruifeng Optoelectronics is 51%, and NVC is 49%. The capital contribution method is that the two parties invest in one-time capital contribution or equivalent assets (excluding intangible assets).
According to the announcement, in order to comprehensively promote the business development of Ruifeng Optoelectronics and NVC in the field of semiconductor lighting, and to play their complementary resources and advantages. The two parties decided to jointly set up a joint venture company engaged in the research and development of LED packaging technology for high-power lighting, LED packaging products manufacturing and sales. The joint venture company is located in NVC Industrial Park, Huizhou City, Guangdong Province. The registered capital of the joint venture company is tentatively set at 50 million yuan, the share ratio of Ruifeng Optoelectronics is 51%, and NVC is 49%. The capital contribution method is that the two parties invest in one-time capital contribution or equivalent assets (excluding intangible assets).
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