Wuhu dream LED

Complete the LED chip package, is a cube to two mm width, luminous surface behind the four metal contacts in the palm of your hand, inadvertently will disappear without a trace. But it is such a small thing, cheap to a few cents, you can sell a lot.

LED (17.50,0.00,0.00%) demonstration plant is located in the Wuhu economic and Technological Development Zone, a multi story building in the red, there are more than and 10 minutes away from the official factory of the plant. Packaging business pilot plant currently only LED chip, the person in charge, the current packaging production line here has been put into production, nearly 100 staff, and the increase in the number of monthly production line, the future official factory production here will be retained and expanded.

Wuhu Development Zone has the extremely high status in Anhui, located in the northern part of Wuhu Wuhu Development Zone industrial output in 2009 and revenue accounted for more than 50% of the entire city of Wuhu, the development zone has 6 listed companies, while only 8 of the entire city of Wuhu. 2009, the Wuhu open area in the country's 54 national level in the open area ranked in the middle of the second place in the middle of the 16.

On the way to the Elec-Tech demonstration plant, Chery automobile, conch (9.77,0.00,0.00%) plant row upon row of famous enterprises. Elec-Tech and three optical is located in Wuhu economic and Technological Development Zone in Wuhu LED investment project of the eastern and North, not far from the demonstration plant is located in the Chery automobile Elec-Tech main factory east.

Wuhu City Development Zone and Elec-Tech attached dates back to the Wuhu municipal Party committee secretary Chen Shulong a study on Elec-Tech, during the expedition, Chen Shulong Elec-Tech self-control testing equipment by foreign certification left a deep impression. The first half of 2009, the Wuhu Development Zone for the first time to visit the company's team, Elec-Tech, cost control and technical ability thoroughly impressed Wuhu.

Before settled in Wuhu in October 2009 Elec-Tech formally signed, the Wuhu Development Zone and the two sides Elec-Tech were fully effective communication. After the successful introduction of Elec-Tech, Sanan optoelectronics Wuhu Development Zone preferential policy expressed interest, and through several rounds of negotiations to finalize the 12 billion yuan investment in the LED project.

Government fully supports LED project

Although an excellent team, cost control Elec-Tech enrichment, high technical level, but as a private enterprise, the project alone with a total investment of 6 billion yuan will surely face considerable financial pressure.

Wuhu Development Zone, a staff member told reporters that, in view of this problem, Chen Shulong secretary put forward the concept of private state help. The core of this concept is to see the unique advantages of private enterprises, a relatively good private enterprises appear relatively insufficient capital, state-owned assets should be invested to help the development of private enterprises have advantages than all of the state-owned enterprises to invest more favorable.

In October 2009, Elec-Tech proposed non-public issuance plan, to be non-public issuance of 160 million shares, 1 billion 526 million yuan to raise funds for the Wuhu LED project. Among them, Wuhu state owned subsidiary of the Wuhu Economic Development Zone Industrial Investment Development Limited company to subscribe for 52 million shares, Wuhu city Longwo Lake Development Co. Ltd. to subscribe for 32 million shares, Wuhu ambitious venture investment company to subscribe for 20 million shares.

And Elec-Tech is similar, but also for Wuhu Sanan optoelectronics LED project put forward the non-public offering plan, but because of an optoelectronic program did not mention the specific company involved in the issuance of the Wuhu state-owned enterprise background will still be involved is unknown.

However, to be sure, Wuhu local government efforts to support the Sanan optoelectronics project is also quite large. According to the Wuhu municipal government and an optoelectronic agreement, Wuhu will give the company purchasing the red light MOCVD furnace for 8 million yuan per unit subsidy, give to buy blue and green MOCVD furnace for 10 million yuan per unit subsidy.

In July 2nd, the government of Wuhu to receive an optoelectronic device part 16 subsidy 57 million 600 thousand yuan; in mid May, the government of Wuhu in Anhui province received an optoelectronic equipment subsidies of 89 million 520 thousand yuan; in April 8th, three optical announced the receipt of 10 sets of equipment subsidies paid 30 million yuan; in April 1st, an electric light received 125 million yuan of financial subsidies.

Obviously, regardless of form, Elec-Tech and Sanan optoelectronics were obtained from Wuhu municipal government subsidy money. At the same time, the two companies in the future of LED products put into operation, Wuhu also promised to continue purchasing related LED products, so that the two companies LED product sales can start smoothly.

LED chip output before the end

According to the staff of the Wuhu Development Zone, and the two companies Elec-Tech Sanan Optoelectronics in Wuhu before the end of the project will have a chip product line. This year, a total of 40 completed a total investment of about $5 billion to $10 this year, the two companies were able to purchase the arrival of the MOCVD furnace around.

In fact, LED epitaxial wafer and chip production lines to build and debug is a technology and high cost of work. According to the reporter, each MOCVD furnace was put into operation before the commissioning of 2 to 3 months, each furnace debugging parameters have a total of more than and 280, while the cost of debugging a month to 1 million 300 thousand yuan per month.

Had not been involved in the field of LED epitaxial wafer Elec-Tech chose to introduce Korean technology. In February this year, the company EPIVALLEY Elec-Tech and Korean manufacturers signed a cooperation agreement, to help achieve Elec-Tech LED epitaxial wafer production technology using stable South korea. There are a number of South Korean experts