The formation of Parans Chinese subsidiary Parans Light Technologies Ltd. is complete
This press release is based on the press release published in Swedish on March 16th, 2021.The formal formation of Parans Solar Lightings' Chinese subsidiary Parans Light Technologies Ltd. (PLT) is now finalized. The formation is an important milestone in Parans' China establishment, as it provides formal conditions for implementing previously agreed takeovers of assets, organization and operations from Chinese QPT. A transfer agreement will now be drawn up and executed, after which the company's operations can start.The original strategic partner agreement signed in 2020 between Parans'