On the evening of January 20, Yonggao Co.Ltd(002641) announced that the full name of the company was changed from " Yonggao Co.Ltd(002641) " to "ad Co., Ltd.", and the securities abbreviation of the company was changed from " Yonggao Co.Ltd(002641) " to "ad Co., Ltd." since January 21. The securities code remained unchanged and remained "002641".
Yonggao Co.Ltd(002641) said that since the company was listed, the sales of various products such as plastic pipes, Cecep Solar Energy Co.Ltd(000591) , electrical switches and sockets have always been dominated by the "ad" brand. In recent years, the company's products sold under the "ad" brand account for more than 85% of its main business income. The "ad" culture built around the "ad" brand has been deeply rooted in the hearts of the people, and "ad" has become a synonym of the company. According to the company's development strategy, the company will further strengthen the strategic positioning of the "ad" brand and improve the company's brand value and market competitiveness. In order to unify the enterprise name with the registered trademark and form a strong brand image, the company decided to change the company name from " Yonggao Co.Ltd(002641) " to "ad Co., Ltd." and the securities abbreviation from " Yonggao Co.Ltd(002641) " to "ad Co., Ltd.".