Feile Audio recently announced that Mr. Zhuang Shenan, the general manager of the company, signed a Cooperation Statement (hereinafter referred to as the “Statementâ€) in Budapest on May 21, 2015 with Mr. Zaltan Zelnik, representative of OKOstore Co., Ltd. in Hungary. The statement shows that OKOstore Co., Ltd. plans to participate in the bidding in view of the cooperation opportunity in the Hungarian bidding, especially the energy-saving LED streetlight bidding project. OKOstore Co., Ltd. promises that all products that are won the bid will be purchased and manufactured by Feile Audio. All purchased luminaire technical data and payment terms, the two parties will sign an agreement to be agreed. Established in 2010, OKOstore Co., Ltd. has more than 5,000 employees and was founded by Mr. Zaltan Zelnik. The company's target customers are wholesalers, hypermarkets, online stores and engineering projects. According to the estimates of OKOstore Co., Ltd., energy-saving lighting renovation will be carried out in more than 100 cities and regions. The government lighting installation company will implement it. The estimated LED lamp demand is about 350,000 baht. Feile Audio said that the signing of the "Cooperation Statement" with OKOstore Co., Ltd. is part of the company's internationalization strategy. This cooperation is conducive to the promotion of the company's Asian brand LED products in the Hungarian market, which helps to enhance the company's brand image and accelerate the development of the company's green lighting industry.
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