The first joint venture between the two banks to set up an LED lighting factory to challenge the global leading position

Under the conditions of the Cross-Strait Economic Cooperation Framework Agreement (ECFA), Fujian Fujian is expected to establish a world-class LED lighting company with the Taiwan LED Factory to drive the LED industry chain. As Fujian Fujian will build about 300,000 LED street lights in 2011, it will expand to 1 million to 2 million baht in 2013. With the huge domestic demand market in mainland China, it will build a world-class LED public lighting company that surpasses traditional lighting manufacturers. The fastest A-share listing in 2011 will create a new milestone in the cross-strait LED industry.

Under the global trend of promoting energy conservation and carbon reduction, the mainland has become an important market for global green industry. After the LED industry in both sides of the strait has successively implemented lighting pilot projects in Xiamen and Guangzhou, the Taiwan Led Street Light Industry Alliance and the Fujian High-tech Industry Development Promotion Association in Fujian Province At the end of the month, it officially signed a letter of intent for cooperation in the “Framework Cooperation Framework for the LED Industry of Fujian and Taiwan”. Each of them set up a working group to support the LED lighting industry through mutual complementarity, forming a regional industry competitive advantage and rushing into LED street light business opportunities.

LED related industry said that according to preliminary plans, Fujian Fujian will invest RMB 20 billion to 30 billion yuan in the LED public lighting market in the next five years, and Fujian A-share listed company as a cooperation platform, Fujian and Taiwan LED companies The joint venture issued more than 3 billion yuan of stocks to establish the most technologically advantageous LED lighting company on both sides of the strait. The chairman of the board of directors was appointed by Fujian, the general manager of Taiwan was appointed, and talents were recruited at home and abroad.

The vice president of the Industrial Technology Research Institute and the president of the LED Street Light Industry Alliance, Qu Xin, confirmed that the mainland Fujian has indeed proposed this concept. Fujian is listed as one of the “first try first” demonstration areas in the mainland. It is expected to be built in 2011. Wanhao LED street light expanded to 600,000 baht in 2012 and reached 1 million to 2 million 路 LED street lights in 2013. Compared with Taiwan's 2010 LED street lights, it is only 20,000 baht. The total street lamp scale is only 1.8 million to 1.9 million baht. Fujian The province has a market scale of 5 million to 6 million street lamps. As long as the cost performance of LED street lamps is reached, the future will extend from first-tier cities in the mainland to second- and third-tier cities.

Qu Xinsheng said that the mainland LED street light business opportunities are huge, but it is impossible to give all the Taiwanese factories. The mainland government must support local enterprises and integrate industries. Therefore, by establishing a cross-strait joint venture LED lighting company, it will be able to integrate the cross-strait LED technology resources and be the first to The mainland market trained and surpassed traditional lighting companies such as Philips and Osram, and quickly jumped into a world-class lighting company. After establishing an economic scale, it also attacked other areas of LED lighting and street lighting business opportunities.

Qu Xinsheng pointed out that the Ministry of Science and Technology of the People's Republic of China launched the policy of ten cities in 2009, but the implementation effect was not as good as expected. In 2010, it was changed to the NDRC as the convener of the steering group, which not only promoted the strength of the team, but also quickly catched up with the progress. After the cross-strait bridging meeting, the pilot project of LED street lighting in Xiamen and LED lighting in Guangzhou Metro has been launched, showing the mainland's determination to promote the LED lighting industry. Through the cross-strait LED market opportunities, there is an opportunity for the Taiwan LED industry to be fast in 5-10 years. Upgrade to the top position in the world.

WOSEN is a professional manufacturer and supplier of Led Flood Light, Led Street Light, Led Solar Light, etc. For more information, please visit https://www.wosenled.com/ or contact admin@wosenled.com or WhatsApp +86-13425434349