Bullet application approved, bull group develops LED lighting

Data show that the Bull Group was founded in 1995 and is a leading professional supplier of high-end switch sockets and converters in China. In 2014, the company officially entered the LED industry. At present, its products mainly include power adapters and power extension products such as converters, wall switch sockets, LED lighting, and digital accessories, which are widely used in home, office and other power applications.

According to the prospectus, the Bull Group intends to issue no more than 60 million outstanding shares this time, accounting for no less than 10% of the total share capital after the issuance.

The raised funds are mainly used in the construction projects of wall switch socket production bases, converter automation upgrade construction projects, LED lamp production base construction projects, R & D centers and headquarters base construction projects, information construction projects, channel terminal construction and brand promotion projects.