Lin Yang Electronics announced on the evening of December 23 that since the company's current investment in new energy fields is far greater than investment in power products, the company's name can better reflect the development of the company's main business after the transformation, the securities abbreviation can better reflect the company. At present, the direction of strategic transformation, and consistency with the company name, the company's board of directors agreed to change the stock abbreviation from "Lin Yang Electronics" to "Lin Yang Energy", the securities code (601222) unchanged.
Previously, the company held the 27th meeting of the second board of directors on October 27 and the 4th extraordinary general meeting of shareholders on November 12, and reviewed and approved the “Proposal on Changing the Name of the Company and Amending the Articles of Associationâ€. The company name was changed from “Jiangsu Linyang Electronics Co., Ltd.†to “Jiangsu Linyang Energy Co., Ltd.â€. Recently, the company completed the above-mentioned industrial and commercial change registration procedures, and obtained the "Corporate Legal Person Business License" renewed by the Nantong Administration for Industry and Commerce.
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