Liad wants to expand the overseas market and increase the capital of the two subsidiaries.

Liard recently announced that in order to further expand the overseas market and improve the speed of business development, the company intends to increase its capital to its wholly-owned subsidiary, Liard (Hong Kong) Co., Ltd., with a capital of 50 million Hong Kong dollars (not more than 6.7 million US dollars). It is equivalent to RMB 42 million), which will increase its registered capital to HK$75 million. The main business of Liard (Hong Kong) is the sale of electronic display products, lighting products and so on.

In addition, in order to further increase the speed of its business development and expand its business scale, Liard plans to increase its capital by 50 million yuan to its wholly-owned subsidiary Beijing Liade Video Technology Co., Ltd. with its own funds, and its registered capital will increase to 60 million yuan. . The business scope of Liard Video includes the sale of LED light sources and LED electronic displays.

In the news, Liard revealed in the latest "Investor Relations Activity Record Form" that as of June 30, 2014, the company's overseas orders reached 148 million yuan, an increase of 85% over the same period of the previous year. Liard said that the overseas market is developing rapidly and the development prospects are good. The company will continue to develop overseas markets through the establishment of the European headquarters in Slovakia, India headquarters in Hyderabad, Asia-Pacific headquarters in Shenzhen, North America headquarters in the United States and South America headquarters in Brazil. Steady growth.

Liard said that the capital increase of Liad Hong Kong can promote the development of Liard Hong Kong's overseas market and the improvement of operational efficiency, enhance the sustainable operation of Liard Hong Kong, and help to better serve and meet customer needs. To better expand the existing market and business; it is also conducive to the company's long-term planning and development.

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