Concentration Technology LED Project won a special subsidy of 400,000 yuan in Zhejiang Province

[High-tech LED News] Recently, the reporter learned from the Zhejiang Provincial Development and Reform Commission and the Provincial Finance Department just issued the "2011 Provincial Circular Economy Development Special Funds Subsidy Arrangement", Wenzhou Development Zone Enterprise Zhejiang Juguang Technology Co., Ltd. has an annual output of 7.7 million. The (set) high-power LED package products and application lighting projects have received 400,000 yuan of provincial special funds.

It is reported that Convergence Technology has successfully solved the key technical problems of the LED industry through more than four years of hard work in research and development and industrialization, integration of domestic and foreign technical resources, establishment of research and development centers in Europe and the Netherlands, and technical cooperation with the Chinese Academy of Sciences.

The total investment of the subsidized project is 140 million yuan. The construction site is located at Block A105-6 of Binhai Avenue in Binhai Park. It is expected that the construction of the plant and corresponding supporting facilities will be completed by the end of this year and will start production next year. After the project is put into production, it will form an annual production capacity of 4.5 million (sets) high-power LED package light sources and 3.2 million sets of application lamps.

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