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The announcement shows that Jinzhai Sunshine Lighting Co., Ltd. is registered in Jinzhai County, Anhui Province. The business scope is the manufacture of lighting appliances and LED lighting products.
According to the announcement, due to business development needs, the company invested RMB 5 million in cash to establish a wholly-owned subsidiary. This foreign investment does not constitute a connected transaction and does not constitute a major asset restructuring.
Sunshine Lighting said that the establishment of a subsidiary in Jinzhai will help to take advantage of local resources to further optimize the company's lighting business layout and enhance the company's overall competitiveness. 
On June 7, Zhejiang Sunshine Lighting announced that it plans to invest 5 million yuan to set up a wholly-owned subsidiary Jinzhai Sunshine Lighting Co., Ltd.