MLS, an LED product maker in China, announced today that the company plans to set up Ledvance New Energy Co., Ltd. with its subsidiary Shenzhen Ledvance to focus on renewable energy business. The registered capital is RMB 300 million, of which the company subscribed RMB 188 million, accounting for 62.5% of the registered capital.
In the future, the company will expand its business to solar PV and energy storage based on market demand at home and abroad.
Ledvance New Energy will be mainly engaged in new energy power generation equipment, new energy power generation engineering, design of EV charging facilities, power electronic equipment, energy storage power supply, etc.
