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Luxbright opens subsidiary in Suzhou, China

16/12/2020

 
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​GOTHENBURG, SWEDEN – (16 Dec. 2020) Luxbright AB, a leading creator of breakthrough X-ray emission solutions, has successfully registered its subsidiary company in China. The subsidiary, Suzhou Luxbright International Trading Co. Ltd., will be utilized for, among other things, expanding Luxbright’s testing and production operations as well as strategic sales and partnership opportunities.
“Establishing this subsidiary is another goal Luxbright has achieved towards expanding our operations and testing capabilities in China. The city of Suzhou has a strong presence of world leading companies in the X-ray value chain. And Luxbright can now proudly add its name to this list.”
– Mats Alm, CEO

The company currently conducts final assembly and testing of its X-ray tubes in China. Luxbright will use the subsidiary to develop its production capacity and testing capabilities. China also is experiencing strong growth within the key market segments – Security and Non-Destructive Testing – for Luxbright, and having the subsidiary positions the company for taking advantage of this through strategic sales and partnership opportunities. 

Quick facts:
  • Subsidiary name: Suzhou Luxbright International Trading Co. Ltd.
  • Managing Director: Mats Alm
  • CFO: Håkan Bengtsson
  • Legal Representative: Dr. Qiuhong Hu

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About Luxbright

​Luxbright is a technology company focusing on developing and commercializing a new generation of X-ray tubes. Through patented technology, the Company offers innovative X-ray tubes, generators, and future X-ray systems to international system suppliers in order to improve and protect lives by enabling higher resolution X-ray images. The Company's X-ray tubes are a powerful, stable, and cost-effective alternative to conventional X-ray tubes.

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Arvid Wallgrens backe 20
41346 Gothenburg
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Tel: +46 31 796 06 97
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  • Products
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  • Investor Relations
    • Varför investera i Luxbright?
    • IPO 2020
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