Wang Ling Quan investment 360 million yuan photoelectric formally enter the LED industry

Pan Guohong group chip resistor factory wangquan electronics recently transferred investment layout actively, following the day before the decision through its Hongkong subsidiary, for solar silicon wafer solar energy factory (Solargiga) shares, the board of directors again for diversification, resolution, will be 360 million yuan of its own funds, investment in Mitsubishi photoelectric, formal cross LED industry, the shareholding ratio does not exceed 40%.

Wangquan the resolution of the board of directors, will invest 360 million yuan Ling photoelectric foot LED business, the shareholding ratio of not more than 40%. The main products in the main LED light-emitting diode, the initial capital of 1 billion yuan is tentatively scheduled for the following.

Wang Quan said, for the diversification development strategy of the company, in addition to the investment strategy crystal Solargiga, and will be its own funds to invest in LED.

Because the day before wangquan hired former Guangjia photoelectric administrative management department deputy general manager Weng Qisheng, served as the wangquan financial and administrative deputy general manager of Taiwan Guangjia due to high brightness LED manufacturers, and Taiwan top three LED epitaxial chip and grain mill, wangquan action is interpreted as the market cross LED layout.

Wang Quan pointed out that due to the promising future LED application opportunities so vast, to turn into the direction of investment decision related areas, planning for diversified development.