Qingdao high tech Zone to introduce large projects 500 million yuan to build LED base

September 25th morning, Ningbo Liaoyuan industrial group and Qingdao high tech Zone in the Shangri-la Hotel Wuhan held a high-power LED lighting system research and development and industrial base project signing ceremony. Total investment of 500 million yuan, the main construction of LED packaging production line, drive production line, optical lens production line and LED lighting production line, will start construction in the first quarter of 2010. After the completion of the project, is expected to achieve annual sales income of 2 billion yuan, profits of more than $400 million.

It is understood that Ningbo Liaoyuan industrial group is a national high-tech enterprises, but also the largest outdoor lighting and special steel production enterprises. The signing of the project, following the LED sapphire substrate wafer project settled, Qingdao hi tech Zone in the LED industry chain investment has made another major achievement.