A total investment of 1.5 billion yuan cross-strait joint venture LED project settled in Hebei

On December 13, the LED lighting and optoelectronic industry project invested and constructed by Beijing Feifeilong Technology Co., Ltd. and Taiwan Guangbao Group was officially signed to the county of Hebei Province.

The total investment of the project is 1.5 billion yuan (RMB, the same below). It mainly builds LED-related product production lines, including indoor and outdoor landscape lighting modules, LED full-color display module strip screens, LED indoor high-density displays and various LED chips.

The project will be constructed in three phases, of which the first phase will be 250 million yuan and will be put into operation in October 2013. After the completion of production at the end of 2016, it will form an industrial cluster integrating research, manufacturing, sales and logistics with an annual sales income of 8 billion yuan and a profit and tax of 1 billion yuan, and gradually establish an internationally competitive LED photoelectric zone.

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