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Honglizhihui plans to purchase 230 million LED lighting company Yishan lights
Hongli Zhihui announced on the evening of May 2 that it plans to acquire a 51% stake in Danyang Yishan Auto Lamp Manufacturing Co., Ltd. for 230 million yuan. The company is engaged in the LED automotive lighting industry, with a total commitment of 218 million yuan in the next four years. Honglizhihui said that M&A will help speed up the layout of the company's vehicle supply system in related fields.