Sunshine Lighting opens an Australian company to expand overseas markets
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Recently, due to the expansion of overseas markets and the development of independent brands, Xiamen Sunshine Enner Lighting Co., Ltd., a holding subsidiary of the company, will set up a wholly-owned subsidiary, Ainite, in Australia with a cash contribution of 1 million Australian dollars (about 5.4 million yuan). Lighting Co., Ltd.
The Australian government is working to promote LED lighting. In recent years, the mainstream trend in the Australian lighting market has shown that demand for energy-efficient lighting products continues to rise, and solid-state lighting products have seen significant growth. Australia's lighting market share in 2012 was about 1.64 billion US dollars, of which 53.7 was imported through China, Germany, the United States, Italy and other countries, while 57.2 of imports were from China (including Hong Kong). Sunshine Lighting The Australian Sun Company's target markets are the retail supermarket market, the commercial professional channel market and the e-commerce market.
In addition, according to the company's development strategy, Sunshine Lighting decided to increase the capital of the wholly-owned subsidiary Jinzhai Sunshine Lighting Co., Ltd. by 45 million yuan. After the capital increase, the registered capital of the company will increase from 5 million yuan to 50 million yuan.