Two major LED-related projects settled in Nanchang with a total investment of 2 billion yuan

Si Yuncong, general manager of China Electronics Rainbow Group, signed an investment agreement for LED epitaxial and chip production projects on behalf of Rainbow Group and Liu Dehui, director of Nanchang High-tech Zone Management Committee. It is understood that Rainbow Group's LED epitaxy, chip and packaging project investment is about 1 billion yuan. After the project is put into production, it can realize a 4 inch epitaxy of 125,000 pieces/month and a chip package of 50,000 pieces/month. It is expected to be available on December 25th. China Electronics signed a strategic cooperation framework agreement with the Nanchang Municipal People's Government and held a signing ceremony. Si Yuncong, general manager of China Electronics Rainbow Group, signed an investment agreement for LED epitaxial and chip production projects on behalf of Rainbow Group and Liu Dehui, director of Nanchang High-tech Zone Management Committee. It is understood that Rainbow Group's LED epitaxy, chip and packaging project investment of about 1 billion yuan, the project can achieve 4 inch epitaxy 125,000 pieces / month, chip packaging 50,000 pieces / month of production capacity, is expected to achieve annual sales revenue 500 million yuan. On behalf of Rainbow Group, Chen Yuncong and Chen Yan, deputy director of Nanchang High-tech Zone Management Committee, and Chen Aihua, Chairman of Zhonghao Optoelectronics, signed a project investment agreement for domestic MOCVD equipment and silicon-based GaN chip epitaxial production base. It is understood that Zhonghao Optoelectronics invested in MOCVD equipment and silicon-based GaN chip epitaxial production base project with a total investment of 1 billion yuan. After the project is completed and put into production, it can realize annual production of 100 cavity (31 pieces / 4 inches) MOCVD equipment production and annual output value of about 5 Billion silicon-based GaN epitaxial chip. In the speech at the signing ceremony, Zhu Lifeng, assistant to the general manager of China Electronics, chairman of the Rainbow Group, and secretary of the party committee, said that the Nanchang municipal government has continuously forged ahead and worked hard, and the economic and social development has shown a good momentum of development. The electronic information industry has grown rapidly and technology. The level continues to move to the high end. The cooperation between China Electronics and Nanchang City is sound. The cooperation between the two parties in the field of intelligent terminal equipment production and information security services has achieved initial results. Next, relying on China Electronics' strong industrial competitive advantage and Nanchang's good industrial development conditions, Rainbow Group will focus on LED, smart lighting, smart medical and other industries to further integrate superior resources and accelerate cooperation. The urban industry and the creation of Nanchang Optical Valley contribute more power. Nanan Municipal Party Committee Deputy Secretary and Mayor Guo An said that Nanchang City has now built a complete LED industry chain, and will fully provide nanny-style services for this cooperation, and help the project to promote smoothly. Nanchang City will continue to explore new models of Nanchang's industrial development by utilizing high-quality electronic information technology resources, create new kinetic energy for Nanchang's urban operation and development, realize rapid and rapid improvement of urban value, and create a new highland for optoelectronic industry technology development. Yang Jun, deputy general manager of China Electronics and member of the party group, signed a strategic cooperation framework agreement on behalf of China Electronics and Yang Wenbin, member of the party group and deputy mayor of Nanchang Municipal Government. It is understood that in the next step, China Electronics will play its technological industry advantage and aggregation capability in the field of electronic information industry, attracting key enterprises and top-level teams and technologies from home and abroad to gather in Nanchang, focusing on new smart cities, electronic information and health. In the areas of medical big data, intelligent manufacturing, innovation and entrepreneurship, we will strive to create a new electronic information industry cluster and help Nanchang to build a new highland for the development of optoelectronic industry technology. The Rainbow Group and Zhonghao Optoelectronics joined the Nanchang LED industrial chain, enriched the supporting facilities of the core equipment of the upstream industry, realized mutual benefit and win-win, and expanded the upstream industrial cluster led by core technology to supplement investment and create high-tech for Nanchang High-tech Zone. The technical industry ecological group provides a solid foundation for continuously improving the industrial chain and establishing core competitiveness. Rainbow and Zhonghao Optoelectronics will accelerate the construction of LED Nanchang project, which will further expand the scale of the rainbow LED industry, improve market competitiveness, and lay a solid foundation for China Electronics to accelerate the development of new smart city industry and deepen strategic cooperation between enterprises and enterprises.

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