Jiangxi Nanchang High-tech Zone to build a billion-dollar LED industrial park

Recently, the relevant person in charge of the Management Committee of Nanchang High-tech Zone in Jiangxi Province said that with the development of Jingneng Optoelectronics (Jiangxi) Co., Ltd., Nanchang High-tech Zone will further support the silicon substrate LED technology to further promote the development of the LED industry in the park.

In order to support the construction of LED industrialization base, Nanchang will encourage LED institutions to settle credit lines in Nanchang High-tech Zone, encourage financial institutions to increase credit lines, give priority to loans, and provide subsidies for subsidies; good market prospects, high technology content, large driving effect, and resistance LED projects with strong risk capabilities, establish green approval channels for projects, and provide strong support in construction funds, land use, and environmental assessment; in government investment projects, LED products are encouraged to replace traditional lighting products. At the same time, Nanchang will promote the application of LED energy-saving street lamps over 30,000 baht in the next three years.

In March 2010, Lianxu Optoelectronics Technology Co., Ltd. officially signed the first automatic LED bulb project in Nanchang High-tech Zone. In addition, the local standards for LED lighting sources such as LED fluorescent lamps and LED bulbs in Jiangxi Province jointly developed by Lianchuang Optoelectronics Co., Ltd. of Nanchang High-tech Zone have been unanimously passed, becoming the first local standard for LED indoor lighting in Jiangxi Province.

The silicon substrate LED technology developed by Jingneng Optoelectronics (Jiangxi) Co., Ltd., and the first to sign a MOCVD purchase agreement with Aixtron, a global supplier. At the end of 2010, the company's production capacity can reach 14 billion chips. In 2011, with MOCVD all arriving, the company's annual production capacity reached 24 billion. Recently, the company has obtained an investment of more than US$55.5 million from Jingneng Optoelectronics (Jiangxi) Co., Ltd., an investment institution headed by the International Finance Corporation (IFC).

At the same time, Jinshajiang Venture Capital also plans to use Jingneng Optoelectronics as the upstream leader to build LED Industrial Park in Nanchang High-tech Zone, and gradually move other LED projects such as LED street lamps it has invested into Nanchang High-tech Zone to build LED industry in Nanchang High-tech Zone. Clustering, attracting the upstream and downstream supporting industries of semiconductor lighting in Nanchang.

In the development of the LED industry, Nanchang High-tech Zone has initially formed a complete upstream, midstream and downstream industrial chain represented by epitaxial wafers, chip manufacturing and light sources, lamps and LED displays. According to the industrial development plan, in the next 3-5 years, Nanchang High-tech Zone will form a 100 billion-level LED industry cluster.

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