In addition, in 20 10, Wuhan Proview and Wuhan Guanxing Electronics under Proview began to produce and sell LED photoelectric lighting products. However, because Yang Rongshan was ordered to go bankrupt by the Hong Kong High Court on 20 10, the relevant company suspended this business.
Yang Rongshan also said that in addition to the LED lighting business, Proview will also enter the new energy field mainly based on biomass power generation such as straw and garbage, which will be used for commercial lighting and municipal lighting, and will cooperate with relevant domestic equipment manufacturers and use foreign cooperation channels to enter the international market.
When talking about the development and future prospects of these two businesses, Yang Rongshan said that the specific investment amount of Proview in these two businesses is inconvenient to disclose, but the investment cycle of LED lighting and bio-power generation projects is short, and the company will focus on production and marketing. Proview's domestic partners are familiar with domestic sales channels, while foreign channels rely on the cooperation channels of overseas investors on the one hand, and mainly rely on Proview's previous wholesale and retail channels in overseas markets on the other hand.
On July 29th, 20 12, Yang Rongshan, chairman of Shenzhen Proview Group, said that Proview Group had received a total investment of over 100 million yuan from many investors at home and abroad, and would set up a brand-new subsidiary to transform into new energy fields such as LED lighting and bioenergy power generation.