According to the Qichacha APP, recently, Guangzhou Hongyang Mingdao Performing Arts Equipment Co., Ltd. was established with a registered capital of 120 million yuan. Its business scope includes the manufacturing of semiconductor lighting devices; sales of semiconductor lighting devices; manufacturing of optoelectronic devices; and sales of special equipment for semiconductor devices, among others. Qichacha's equity penetration shows that the company is wholly owned by PEARL RIVER PIANO
