Haodian Technology and Philips Sign LED Street Light Assembly Cooperation Agreement

Recently, Philips (China) Investment Co., Ltd. (hereinafter referred to as "Philips") and Zhangzhou Yudian Technology Co., Ltd. (hereinafter referred to as "Yudian Technology") signed the "Philips-Yudian Technology LED Street Lamp Assembly Cooperative Manufacturer Agreement" and "Philadelphia - 郴 科技 technology special commercial terms (for the distribution of Philips engineering lighting products).

The scope of the agreement includes: Philips issues work orders to the company for the assembly of products, and for this purpose Philips should provide the parts required for product assembly. This Agreement shall enter into force on the date of signing and shall be valid for December. Thereafter, unless a party terminates this Agreement by giving at least three months' notice in writing at the end of the original term or any subsequent contract term, the term of the subsequent contract will be automatically renewed. , one year each.

Haodian Technology Co., Ltd. (hereinafter referred to as Shengdian Technology) is a shareholding subsidiary of Hunan Yudian International Development Co., Ltd., with a registered capital of 10 million yuan, and its registered place is Xuhui Road, Zhangzhou Development Zone. The business scope is production. High and low voltage complete sets of electronic control equipment, remote meter reading equipment and related electronic power products, selling self-produced products.

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