Taiyi energy-saving cash increase of 20 million yen to force the Japanese market

[High-tech LED News] Taiwan's high-power LED lighting manufacturer Taiyi Energy Savings TESS (5226) The board of directors recently increased its investment in Japanese subsidiaries with a cash of 20 million yen to promote the use of Japanese business and working capital.

Taiyi Energy was established in October 2007. Originally known as Chongyue Energy Savings, the paid-in capital was NT$233 million. The company provides a full range of LED lighting applications based on the production of high-brightness LED application lighting products. At present, the company's LED lamp products account for 56.1% of revenue, 27.08% of LED lamp modules, and 12.59% of purchased lamps and light sources.

Taiyi's revenue for January-February 2011 was NT$15.43 million, net profit after tax was 21.05 million yuan, and net profit after tax was 0.9 yuan.

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