Jiuzhou Electrical resources to build LED base

In January 22, 2008, Sichuan optoelectronics industry giant Jiuzhou electric group Shenzhen Jiuzhou optoelectronic Co. Ltd. 51.8% stake and Sichuan Jiuzhou Electronic application system limited liability company 25% stake by way of the transfer agreement to 20 million 183 thousand and 100 yuan in Sichuan Province, the country voted the successful transfer of property rights trading center. It is worth noting that the transferee Sichuan Jiuzhou photoelectric technology limited company is by Sichuan Jiuzhou Group investment in June 3, 2007 to set up, and the establishment of the company that began to compete for Jiuzhou Group LED industry market, semiconductor lighting industry base will build the largest western, and become the leader in the LED industry. According to the announcement data shows, Shenzhen Jiuzhou photoelectron company was founded in October 2004, is located in the city of Shenzhen Baoan District, the registered capital of 39 million yuan. The company mainly produces LED series of products, including LED LAMP, SMD, LED dot matrix module, high power LED products, LED lighting, unit plate, products sold to domestic and international markets in Europe and america. Sichuan Jiuzhou applied electronics company was founded in 1993, is located in Sichuan City, Mianyang Province, with a registered capital of 1 million yuan. The company specializes in monitoring, alarm, fire control, computer network, building intercom, parking card, hardware field management, flood disaster, water resource scheduling, LED screen and lighting system production, software development and system integration. The transfer of both companies and enterprises engaged in LED industry related, the Jiuzhou Electric Group focus resources to build LED industry leader in the direction of agree without prior without previous consultation. Industry believes that the future of the LED industry has broad prospects for development, compared with the traditional electronic industry, LED is a sunrise industry; conservative estimates, by 2009, the national LED packaging market size will reach 16 billion 690 million yuan, the market size will reach 36 billion 262 million yuan, the huge size of the market prospects, the industry average profit is much higher than that of LED; China electronic information manufacturing industry average profit; the next few years Chinese is likely to become the world's largest processing base of LED; however, Chinese LED packaging industry, the lack of leading industry leader. Jiuzhou Electric Group in 2005 began to packaging and application for entry into the LED industry began to the starting point, has invested 100 million yuan, the formation of the size of the output value of 220 million yuan, reserve a certain technology and talent, establish a good logistics channels and domestic and international marketing network, with the further development of the. In order to continue to increase investment in the field of industrial LED, officially formed in June 2007 Sichuan Jiuzhou photoelectric technology company, focused on the advantages of resources, expand the industrial scale, first from the package, and then extended to the upper reaches of the application start. The project covers an area of 400 mu, the new building area of 270 thousand square meters, is expected to total investment of 6 billion 300 million yuan. After the completion of the project can form an adult operating income of 20 billion yuan, profits and taxes of $2 billion 350 million. It is understood, built Jiuzhou LED industrial base, will eventually form the 20 billion yuan industrial scale, the annual profit of 1 billion yuan, the annual tax of 1 billion 350 million yuan. At the same time, after the completion of the Jiuzhou LED industrial base, will provide about 40 thousand of employment opportunities for the society, the scale of the industry will promote the development of related industries, gathering a large number of LED supporting enterprises, supporting industries formed about 12 billion yuan output value.

Source: China Securities Journal