Nanjing High-precision Transmission invested 3.5 billion yuan to enter the LED industry

On June 26, Nanjing Gaojing Transmission Equipment Manufacturing Group Co., Ltd. invested 3 billion yuan in the concentrated construction ceremony of 100 key technological transformation projects in Jiangsu Province to build a high-brightness LED production project of Nanjing Jingjing Optoelectronics Technology Co., Ltd.

It is reported that the project uses the world's latest technology, will build 200,000 pieces of 2 inches, 4.6 million 4 inches, 400,000 pieces of 6-inch sapphire substrate production capacity. After the project is fully put into production, it will realize an annual sales income of 3.2 billion yuan and an annual tax of 500 million yuan.

The implementation of the project will also improve the supply capacity of upstream components of China's LED industry, ease the bottleneck of demand, and further strengthen and enhance the strength and level of the domestic LED industry.

In addition, Nanjing High-precision Transmission has invested 200 million yuan in the Nanjing Economic and Technological Development Zone to build the Optoelectronic Equipment Project of Nanjing Jingsheng Energy Equipment Co., Ltd., mainly engaged in research and development, production and sales of crystal growth furnaces for sapphire and crystalline silicon production; Yuan created the LED epitaxial chip headquarters base and R&D center project of Nanjing Jingrui Semiconductor Co., Ltd., mainly engaged in research and development and pilot test of advanced production technology of LED epitaxial chips. Roughly calculated, the company's total investment in the LED industry chain of the Nanjing Economic and Technological Development Zone has reached 3.5 billion yuan.

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