Proview Group attracts hundreds of millions of investment in transforming LED lighting and new energy

On July 29, Yang Rongshan, founder of Proview Group, said that at present, Proview Group has accepted investment from hundreds of millions of RMB from multiple investors outside the mainland, and will set up a brand new subsidiary for LED lighting and bioenergy. Transformation of new energy fields such as power generation.

Yang Rongshan said that the new company will be based on the LED production base of the former Proview Group in Wuhan, with an annual production capacity of 5 million baht. For the future profit forecast, Yang Rongshan believes that the LED lighting investment period is short, and the focus is on production and marketing. Proview's mainland investors and partners are more familiar with the mainland pipeline. On the one hand, foreign pipelines rely on the cooperation pipeline of overseas investors, and the wholesale and retail pipelines of Proview in overseas markets will also play a role. Therefore, "conservatively, one to two quarters will generate profits."

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