Ji'an MLS Optoelectronics Co., Ltd. announced that it expects to receive CNY 300 million in funding from MLS Co., Ltd.
July 08, 2024
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Ji'an MLS Optoelectronics Co., Ltd. announced that it will raise CNY 300 million in an equity round of funding on July 8, 2024. The transaction will include participation from returning investor MLS Co., Ltd. The company's registered capital will increase from CNY 300 million to CNY 600 million. The transaction has been approved by the 14th meeting of the 5th board of directors of MLS Co., Ltd.
MLS Co., Ltd. is a China-based company principally engaged in the research, development, manufacture and distribution of light emitting diodes (LED) packaging and application products. The Companyâs main products include LED lamps, Surface Mounted Devices (SMD) series and LED applications, among others. The Company's products are mainly used in indoor and outdoor lighting, lamps, landscape lighting, home electronics, traffic signals, flat panel display and lighting engineering. The Company distributes its products in domestic market and to overseas markets.