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Cree and Lin Yang signed a strategic cooperation agreement

Cooperation will provide important momentum for the development of the LED lighting industry
Hangzhou, China, September 12, 2014 - Shanghai Cree Optoelectronics Development Co., Ltd. and Jiangsu Linyang Lighting Technology Co., Ltd. signed a strategic cooperation agreement in Hangzhou, announcing that they will give full play to their respective advantages in the LED lighting industry chain, further enhance the inherent cooperation between the two parties in outdoor lighting, and gradually expand new cooperation in indoor lighting and commercial lighting. Mr. Shi Hongsheng, general manager of Jiangsu Linyang Lighting Technology Co., Ltd., Dr. Shao Jiaping, Cree's sales general manager and technical director in China, Ms. Xu Huai, chairman of the China Illuminating Society, and more than a dozen major leaders and industry experts from the China Illuminating Society attended and witnessed the signing ceremony.
Mr. Shi Hongsheng, general manager of Jiangsu Linyang Lighting Technology Co., Ltd., said: "Linyang Lighting is a new force in the field of LED lighting. It is currently focusing on LED outdoor roads, construction and landscape engineering and other subdivisions. It is also extending to indoor lighting and commercial lighting, and is committed to becoming a leading intelligent lighting system solution provider. Cree LED devices are among the best in the industry in terms of light efficiency, light output, light color quality, reliability and lifespan. Leading position. Cree has established a strong technology and product position in high-power LED devices, and has a good reputation and reputation in the field of outdoor lighting. At the same time, Cree also has outstanding performance in COB devices, and its excellent performance is very suitable for indoor lighting and commercial lighting. Linyang Lighting’s advantages in LED lighting and Cree’s leadership in LED devices make the cooperation between the two parties rich."
Dr. Shao Jiaping, Cree's sales general manager and technical director in China, said: "The two parties have reached an in-depth, multi-faceted strategic cooperation this time. They plan to continue to communicate on the outdoor lighting, indoor lighting, and commercial lighting technology roadmaps, carry out more cooperation in lighting product development, solution matching, inspection and testing, etc., and continue to launch LED lighting solutions that meet the needs of the domestic and international markets. At the same time, the two parties will also develop projects and brands in the market. We will work closely together in publicity, product promotion, technical training, sales and procurement, and actively carry out business from the perspective of long-term strategic partnership. The two parties will improve performance and reduce system costs through continuous innovation, bring more high-quality and cost-effective LED lighting products to end users, and further enhance the reputation and consumer confidence of LED lighting products, thus conducive to the continuous expansion of the LED lighting market. ”
Ms. Xu Huai, Chairman of the China Illuminating Society, pointed out: "In 2014, the LED lighting industry has entered a new historical development period! LED lighting technology, products, and markets continue to mature. In the future, the global LED lighting market will have more opportunities and faster growth. LED lighting still contains huge untapped development space, and cooperation will provide important momentum for the development of the LED lighting industry."
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