Jinghe and mainland manufacturers to build the LED lighting market in Northwest China

Jinghe Optoelectronics lays out the technical output of the whole plant of the sapphire crystal furnace in mainland China. In late October, Jinghe officially signed a contract with Shaanxi Dede New Energy Company to receive an order from the mainland sapphire crystal furnace. It is understood that this is Jinghe Following the first batch of 35 kg sapphire crystal furnace orders in the first half of the year, a large number of orders from mainland customers were officially received.

The two parties will create a one-stop production base for sapphire crystals in Tongchuan City, Shaanxi Province, using the turn key technology of the sapphire crystal furnace, combining the technologies and resources of the two places, and will supply the entire northwest LED lighting market in the mainland.

In order to accelerate the pace of order shipments of sapphire crystal furnaces, Jinghe launched a capital increase plan for specific people and shareholders in the fourth quarter. After the capital increase, the share capital will reach 250 million yuan.

Facing the business opportunity of tens of billions of yuan in subsidies for mainland LED energy-saving lamps in 2012, Jinghe will use sapphire crystal and LED lighting technology to combine the advantages of Shaanxi Dede New Energy's local network access and strategic cooperation to jointly develop the LED lighting market in Northwest China; the fourth quarter The construction of the PSS production line will be completed and mass production will be launched. In 2013, the four-inch sapphire crystal plant jointly invested by the two parties will be officially mass-produced. The monthly production capacity will be one million millimeters within 5 years.



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