Xingyu shares 500 thousand sets of LED lights project commissioned this month

According to informed sources, Xingyu shares an annual output of 500 thousand sets of LED lights project this month will be scheduled as the project officially put into operation, to the end of the year will reach full production, is expected to achieve a new LED lamp sales amounted to 1.2-1.5 billion yuan.

The source further said that the 500 thousand sets of LED lights after the completion of the project, the company will be the original factory production capacity by renting LED car back, the original company itself has a production capacity of 300 thousand sets of LED lamp production capacity. At present, there are 200 thousand sets of LED lamp production capacity will be gradually released to the end of the year will be put into operation.

In terms of customers, Xingyu shares already has the stable customers, customers are FAW Volkswagen Bora, golf 7, Shanghai Volkswagen, Chery, hippocampus etc.. In addition, the company is currently in Beijing and Hyundai, BMW, Germany, in the car manufacturers to talk about the corresponding LED lights.

In addition, the company in April announcement, in order to improve the strategic layout of the supporting system of the company, enhance the market competitiveness of the company, the company intends to a subsidiary of Jilin province Xingyu lamp limited investment construction of an annual output of 1 million sets of lights project ", the project is expected to total investment of 500 million yuan, investment plan stage. The company plans to start in May this year, the first phase of the project, the first phase of the project is expected to be completed by the end of 2015, officially put into operation in 2016.

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