NVC Lighting Finalist LED Lighting Product Application Demonstration Project

The lighting company NVC Lighting (02222.HK) entered the "LED lighting product application demonstration project shortlisted company list" jointly announced by the three ministries, and the stock price rose on Thursday.

As of 15:28, NVC Lighting rose 2.94% to HK$4.20, with a turnover of 9.06 million shares, with a turnover of HK$38.49 million. The highest intraday price was HK$4.35, up 6.62%.

The National Development and Reform Commission, the Ministry of Housing and Urban-Rural Development and the Ministry of Communications and the Ministry of Communications jointly announced on November 24th the "List of LED lighting products application demonstration projects shortlisted enterprises", including 28 companies including NVC Lighting Technology Co., Ltd., including NVC, and NVC Lighting is also the only Hong Kong-listed company in the finalists.

The three ministries said that in this bidding, the product quality, price and comprehensive strength of the enterprise are important basis. The bidding prices of the winning bidders are very competitive, and the average price is lower than the market retail price by more than 40%.

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