LED epitaxial wafer and chip project settled in Lin'an projected output value of 2 billion

On the morning of December 28th, Lin'an City and Hangzhou Lioneng Industrial Co., Ltd. signed an agreement to establish an LED epitaxial wafer and chip project. This marks the official settlement of the project in our city, and it also marks that the project has entered a specific implementation stage. Wang Hong, deputy secretary of the municipal party committee and mayor of the city, addressed the signing ceremony; Zhang Jinliang, member of the Standing Committee of the Municipal Party Committee, presided over the ceremony; Chai Shimin, member of the Standing Committee of the Municipal Party Committee and deputy mayor, and Hu Guirong, chairman of Hangzhou Lioneng Industry Co., Ltd., signed the contract on both sides.

It is reported that Hangzhou Lengeng LED epitaxial wafers and chips project will be located in the industrial zone of Hengshan Lake Science and Technology City, covering an area of ​​150 mu. The estimated total investment is 1 billion yuan, of which the first phase will invest 500 million yuan and the registered capital will be 100 million yuan. After the project is completed and put into production, it is estimated that the annual sales value can reach 2 billion yuan.

Wang Hong expressed warm congratulations on the signing of the project on behalf of the municipal party committee and the municipal government. In his speech, he said that in recent years, Linan has held high the ecological and scientific “two flags” and closely focused on the “internationally advanced, first-rate domestic” target, and strived to build Qingshan Lake Science and Technology City into a new engine for the scientific development of Lin’an and an image of the city. New business card, open new portal. Yokohama Industrial Functional Zone is an industrial block of Qingshan Lake Science and Technology City. With obvious advantages in location, preferential industrial policies, continuous improvement of infrastructure, and increasingly optimized investment environment, it has become an ideal place for many industrial enterprises to invest in entrepreneurship. The high-power LED epitaxial wafer and chip project of Hangzhou Lioneng Industry Co., Ltd. is another "big high" project in the industrial zone of Qingshan Lake Science and Technology City after Yi Chenfute, Tao Tao, and Hals. It is also an important strategic emerging industry project.

Wang Hong said that LED is a sunrise industry in the 21st century. Lin'an, as the capital of China's green lighting, has more than one-third of the country’s output, and has more than 300 green lighting manufacturers. It will put green lighting in the next five years. Cultivate and develop into a billion-dollar industry. The high-power epitaxial wafers and chips project invested by Hangzhou Lioneng Industrial Co., Ltd. has high technological content, large capital investment, strong driving ability and good prospects for development. The settlement of this project has not only built a new way for investors to achieve their leap-forward development. The platform has expanded new space and injected new vitality into the transformation and upgrading of Linan's green lighting industry.

Wang Hong said that the successful signing of the project is the beginning of friendly cooperation between the two parties. In the future, Lin’an will continue to provide high-quality, efficient, and thoughtful services, striving to create a first-rate investment environment and living environment for enterprises, so that investors will have confidence in Lin’an’s entrepreneurial security, comfortable life and development. At the same time, it also hopes that the company will continue to emphasize integrity, honor its commitments, accelerate the pace of project construction, and strive to start the project early, put it into production early and bear fruit as early as possible, and jointly create a bright future for cooperation and win-win.

The relevant departments of the city, the main leaders of towns and towns, as well as the relevant person-in-charge of investors and representatives of experts attended the signing ceremony.

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