Announcement of Company Name Change
For immediate use May 8, 2017
NLT Technologies, Ltd.
KAWASAKI, JAPAN, May 8, 2017 --- NLT Technologies, Ltd. (NLT, Head office: Kawasaki, Kanagawa; President: Deshu Yu) announces the change of its company name (trade name) to “Tianma Japan, Ltd.” from July 1, 2017.
Our company has become a wholly owned subsidiary of Tianma Microelectronics Co., Ltd. (Tianma) in July, 2016. We have also started sales of display products designed and developed by Tianma in the Japanese market from 2016. The change of our trade name announced today is intended to correspond with the actual capital structure and business activities, and to further improve the services that we offer as a local subsidiary of the Tianma group in Japan.
Under the new trade name, we will continue to produce industrial and in-vehicle display products at our Akita Plant and conduct design and development, sales, and quality support of such products as we currently do. Moreover, we will improve our sales and quality support activities for consumer use, industrial, and in-vehicle small-to-medium size display products made by Tianma in the Japanese market.
With the outstanding productivity and high-level product development and design capability that the Tianma group boasts to the world, we will meet customers' demands by quickly providing highly functional and price competitive products to the global market, and will continue our efforts to become a world-class leading company in the business field of small-to-medium size display panels as a member of the Tianma group.
About Tianma Microelectronics Co., Ltd.
|Head office:||Shenzhen, Canton, China|
|Year of foundation:||1983|
|Management Representative:||Hongliang Chen, Chairman of the Board|
|Capital:||1,401 million RMB|
|Business:||Development, production, and sales of flat display panels|
|Stock Exchange Listings:||Shenzhen, China (SZ.000050)|