LED epitaxial wafer and chip projects settled in Yancheng with a total investment of $2 billion

Recently, GCL Photoelectric Technology Holdings Limited and the Yancheng economic development zone held LED epitaxial wafer and chip investment at the signing ceremony in Suzhou. Municipal Committee, Secretary of politics and Law Committee, Yancheng Economic Development Zone Party committee secretary Ding Yu, GCL (Group) Limited company president Tang Cheng said at the signing ceremony.

It is understood that the total investment of the project amounted to $2 billion, of which $400 million investment in the first phase, the registered capital of $120 million. Ding Yu said in his speech, will organize elite forces, build service team, formulate supporting policies, and constantly improve the city supporting functions, with high quality services and innovative and pragmatic style, to create a first-class investment environment, ensure that the project in Yancheng Economic Development Zone smooth construction.