Leyard Lighting, Yuanfeng New Technology and Jingyu Optoelectronics joint venture completed industrial and commercial registration

On the 26th, Leyard Lighting announced the progress of establishing a joint venture with Yuanfeng New Technology and Jingyu Optoelectronics (Xiamen) and the completion of industrial and commercial registration. The joint venture is named Lijing Microelectronics Technology (Jiangsu) Co., Ltd.

According to the announcement, on December 25, 2019, Leyard Optoelectronics Co., Ltd. (hereinafter referred to as "Leyard" or the "Company") signed the "Cooperation Framework Agreement on Mini LED and Micro LED Display Projects" with Yuanfeng New Technology Co., Ltd. (hereinafter referred to as "Yuanfeng New Technology"), a wholly-owned subsidiary of Taiwan Epistar Optoelectronics Co., Ltd. (hereinafter referred to as "Yuanfeng New Technology") and the People's Government of Wuxi Liangxi District (hereinafter referred to as "Wuxi Liangxi District"); December 30, 2019 On March 2, 2019, Leyard and its wholly-owned subsidiary Leyard Optoelectronics Group System Integration Co., Ltd. signed an "Investment Agreement" with Yuanfeng New Technology and Jingyu Optoelectronics (Xiamen) Co., Ltd. on the establishment of a joint venture; on March 2, 2019, the company officially signed the "Cooperation Investment Agreement on Mini LED and Micro LED Display Projects" with Yuanfeng New Technology and Liangxi District of Wuxi City; for details, please refer to the company's December 25, 2019, and January 2020 Disclosed on cninfo.com on March 9, 2020 "Announcement on signing the "Cooperation Framework Agreement on Mini LED and Micro LED display projects" with Yuanfeng New Technology Co., Ltd. and the People's Government of Wuxi Liangxi District" (Announcement No.: 2019-128), "Announcement on signing an investment agreement with Yuanfeng New Technology Co., Ltd. and Jingyu Optoelectronics (Xiamen) Co., Ltd. to form a joint venture" (Announcement No.: 2020-001), "On signing the "About Mini LED and Micro LED Display Project Cooperation Framework Agreement with Yuanfeng New Technology Co., Ltd. and Wuxi Liangxi District "Progress Announcement on Micro LED Display Project Cooperation Investment Agreement" (Announcement Number: 2020-007).

Recently, the joint venture has completed the industrial and commercial establishment registration procedures and obtained the "Business License" issued by the Wuxi Municipal Administration for Market Regulation. Business scope: General projects: technical services, technology development, technology consultation, technology exchange, technology transfer, technology promotion; electronic component manufacturing; integrated circuit chip and product manufacturing (except for projects that require approval according to law, business activities can be carried out independently with a business license in accordance with the law).