“Do you know how much electricity was used in China last year?†Wang Micheng, president of Hangzhou Hongyan Electric, told the author with his fingers that China is currently the second largest energy-consuming country in the world. In 2008, the country’s electricity consumption reached 3.43 trillion kWh. Lighting accounts for 12%. "Imagine if 30% of the light sources are replaced by LEDs, by 2020, China can save more than 200 billion kWh of electricity every year. 1 Wang Micheng said that this is the main reason why Hongyan decided to enter LED. "Either economic account or society This is a good thing."
Hongyan hand in hand Dongbei into the LED plan for five years listing (this site with map)
Recently, the signing ceremony of Hongyan-Dongbei LED Lighting Joint Venture Company was held in Hangzhou. Hangzhou Hongyan Electric Appliance Co., Ltd. and Taiwan Dongbei Optoelectronics Technology Co., Ltd. formally joined hands to enter the LED industry. Meng Gang, deputy secretary general of the Zhejiang Provincial Government, and Shen Jian, deputy mayor of Hangzhou, also attended the signing ceremony. Shen Jian said that in September this year, the Hangzhou Municipal Government specially issued the "Three-Year Action Plan for the Development of LED Industry in Hangzhou", and positioned the LED lighting industry as an important part of the development of new energy, positioning it as the most promising emerging industry in Hangzhou. It has become a new engine for stimulating Hangzhou's economic growth. Wang Micheng said that the central government and the provincial and municipal governments have continuously introduced industrial support promotion policies, which provided a good environment for the rapid development of the LED lighting industry.
Hangzhou Hongyan, in this context, and Taiwan Dongbei brought hands. "Based on years of research on the development trend of the industry, we found that the trend of mutual penetration and integration of the building electrical industry and the lighting industry is very obvious. Focusing on the needs of long-term development, Hongyan must have a place in the lighting industry." Wang Micheng said.
Wu Qinghui, chairman of Dongbei Optoelectronics Technology Co., Ltd. said that the current global semiconductor lighting industry market has an average annual growth rate of more than 20%. In 2010, the LED market will exceed 10 billion US dollars. In 2015, the semiconductor lighting industry will reach 100 billion US dollars. Among them, the mainland and Taiwan are among the fastest growing regions. Hongyan has the dual advantages of high market share and official strong support, and is the ideal partner for Dongbei.
Wang Micheng revealed that Hangzhou Hongyan and Taiwan Dongbei decided to invest RMB 98 million in two phases to establish a LED lighting joint venture. The total investment of the joint venture and cooperation project plan is RMB 260 million. In addition to the establishment of the joint venture company, Hongyan will also jointly establish a joint LED lighting research and development center in Taipei and Hangzhou with Dongbei. Wang Micheng said that the goal of Hongyan is to become the main manufacturer of LED lighting sources in China in 3-5 years, achieving an operating income of over 500 million yuan and striving for listing.
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