RNS Dec 2011 STREET LIGHTS !!20 Jun 2012 12:20
The Group is currently developing and expanding its existing business through the development of LED energy saving lighting solutions by offering a series of LED light bulbs, LED spot lights, LED candle lights, LED par lights, LED tubes and LED panels under its registered trademark of "Green Pearl". The Group is in negotiations with a number of additional potential customers under EMC in the hotel, real estate, education and retail (bookstores, chain stores, petrol stations etc.) sectors and also with state-owned enterprises to supply street lights on a joint basis in some major cities in the PRC. In order to launch the EMC business model more widely, the Group is in negotiations with certain banks, both regional and Chinese, to provide debt financing. Further announcements will be made in relation to this at the appropriate time.