It is reported that the main project of the Aoyang Shunchang LED project in Qinghe New District, Huai'an City, Jiangsu Province has entered the final stage and will be put into production. This is the first large-scale LED optoelectronic industry project in Huaiyin City recruited by Qinghe District.
The total investment of the project is about RMB 3 billion. The initial investment is RMB 1 billion. 30 LED epitaxial wafer and chip product production lines will be built within two years. By 2015, the production line is expected to be expanded to 100. After that, the annual output value will reach 5.5 billion yuan, and the annual profit and tax will exceed 1 billion yuan.
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