Focusing on main businesses such as lighting, Xingguang Co., Ltd. plans to increase capital of 50 million yuan in subsidiaries

On July 31, Starlight Co., Ltd. announced that the company planned to increase capital by 50 million yuan to its wholly-owned subsidiary Guangdong Starlight Development Holdings Co., Ltd. After the capital increase is completed, the registered capital of Starlight Development Holdings will increase from 10 million yuan to 60 million yuan.

Starlight Development Holdings is the parent company of five third-level wholly-owned subsidiaries including Guangdong Starlight Energy Development Co., Ltd. and Guangdong Zhongneng Semiconductor Technology Co., Ltd. This capital increase is intended to meet its capital investment needs for subsidiaries, enhance capital strength and market competitiveness, support daily operations and business expansion, and is in line with the company's development strategy focusing on its main businesses of lighting and new energy.

On the same day, Starlight also disclosed that two of its subsidiaries planned to sign lease contracts with Foshan Jingrui Semiconductor Co., Ltd.

Among them, Guangdong Zhongneng Semiconductor Technology Co., Ltd. plans to rent a total of 24 rooms on the fourth and fifth floors of the dormitory building in Jingrui Industrial Park for an eight-year lease period, with a total rent of approximately 1.84 million yuan; Guangdong Jinyuan Lighting Technology Co., Ltd. plans to rent the third and fourth floors of the factory building in the park, covering an area of ​​10,800 square meters, with an eight-year lease period and a total rent of approximately 18.28 million yuan.

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Public information shows that Starlight Co., Ltd. was founded in 1992 and listed on the Shenzhen Stock Exchange in 2006. Its business covers LED lighting, ultraviolet disinfection, automotive lighting, Internet of Things technology, semiconductor lighting device manufacturing and sales, and medical beauty and other fields.

In terms of performance, in the first quarter of 2025, Starlight Co., Ltd. achieved operating income of 46.6597 million yuan, a year-on-year increase of 53.40%; net profit attributable to the parent company was -1.2113 million yuan, a year-on-year decrease of 313.61%.

In the first quarter of this year, Starlight Co., Ltd. focused on strengthening in-depth cooperation with strategic partners such as Tuya Smart, continuing to promote the upgrading of smart lighting technologies and projects, focusing on exploring markets such as smart lighting, automotive lights, UV disinfection, agricultural lighting, and beauty and health lighting. (Compiled by LEDinside)