Snow Wright (002076) announced on the afternoon of July 14 that the company's subsidiary Fushun Optoelectronics Technology Co., Ltd. (referred to as "Fushun Optoelectronics") recently signed a joint venture agreement with Zhaotong City Expressway Investment Development Co., Ltd. and natural person Huang Yongjun. Book, agreed to establish Yunnan Shunhua Intelligent Technology Co., Ltd. According to the agreement, the registered capital of the new company is 38 million yuan, of which Zhaotong Express invested 19.38 million yuan, holding 51% of the new company, Fushun Optoelectronics invested 11.4 million yuan, holding 30% of the new company, natural person Huang Yongjun funded 7.22 million yuan, holding a 19% stake in the new company. The new company mainly deals with the construction and installation of LED display, LED lighting, intelligent traffic control system, electronic engineering construction and urban road lighting engineering; development, sales and operation and maintenance of software and hardware platforms in smart cities; research and development, production and sales of intelligent packaging machinery And other business. The foreign investment company said that Zhaotong Expressway is the main body of expressway construction in Zhaotong City, Yunnan Province, and fulfills the task of Zhaotong City Expressway investment and construction. Natural person Huang Yongjun is a professional manager with good market development experience and management experience. Fushun Optoelectronics' external investment is to better develop electronic products, charging piles, LED street lights and LED display screens used in highways in Yunnan Province and surrounding areas. Fushun Optoelectronics' external investment is conducive to increasing the market share of the company's corresponding products and increasing the sales scale of the company's corresponding products, which may bring new profit growth points for the company. On the same day, Shellett issued a midday announcement that the company increased its capital of Guangdong Snow Wright Daewoo Industrial M&A Fund by 80 million yuan to protect the partnership interests of all partners and to achieve the best economic benefits for the Snow Wright Daewoo Fund. The company said that since its establishment, Shelley Daewoo Fund has provided effective support for the strategic development of the company's emerging industry layout. In order to increase the reserve of the company's M&A projects and promote the sustainable and stable development of the Snowlight Daewoo Fund, the company will have its own capital of 80 million. Yuan increased the capital of Shelley Daewoo Fund. The company will re-sign the “Golden Wright Daewoo Industry M&A Fund Partnership (Limited Partnership) Partnership Agreement†with Daewoo Capital and Dexin Investment. Snow Wright also said that the capital increase of the Shelley Daewoo Fund will help strengthen the fund's financial strength; it will effectively promote the company's strategic layout in emerging industries, promote the company's active and stable M&A integration and extension, and maximize the interests of all partners. Vape Pod System,Vape Aluminum Kit,Thread Vape Pen Battery,Electronic Vape Cigarette Shenzhen Niimoo Innovative Technology Co., Ltd , https://www.niimootech.com