Elec-Tech International (002005.SZ) plans to invest 16 million yuan in establishing Huizhou Dehau Guanglian Optoelectronics.

Elec-Tech International (002005.SZ) announced that the company plans to participate in the investment of Huizhou Dehao Guanglian Optoelectronic Technology Co., Ltd. (tentative name); the total subscribed capital of the joint venture company is 30 million yuan, of which subsidiary partnership enterprise Wuhu Dehao Gongchuang Enterprise Management Partnership Enterprise (Limited Partnership) (referred to as "Wuhu Dehao Gongchuang") plans to subscribe for 16 million yuan with its own funds, accounting for 53.33% of the total subscribed capital of the joint venture company. In the future, the joint venture company will be specifically responsible for the development of LED lighting and related businesses, providing new momentum and profit growth points for the company's long-term development.