Create a production value of 10 billion, Zhen Mingli Group invests in Jiangmen, Guangdong

Recently, in the Hongtu B Hall of Yihao Hotel in Jiangmen City, Guangdong Province, Mr. Fan Bangyang, Chairman of Hong Kong Zhenmingli Group and Mr. Guo Jianhong, Director of Guangdong Jiangmen High-tech Zone Management Committee signed the mutual investment documents, marking the long-established LED distribution of Zhenmingli Group. The chip high-tech production project officially settled in Jiangmen High-tech Zone. Mr. Fan Banghong, President of Hong Kong Zhenmingli Group, Mr. Fan Bangyang, Chairman of the Board, Mr. Chen Wei, Chief Financial Officer, Mr. Ye Guoguang, Director of Chips, Mr. Wang Nanjian, Mayor of Jiangmen, Mr. Wu Ziwei, Executive Vice Mayor, Mr. Yi Zhongqiang, Vice Mayor, Mr. Zhang Lei, Secretary General of the Municipal Government, and Mr. Li Ping, Deputy Secretary General, attended the ceremony.

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Founded in 1978, Hong Kong Zhenmingli Group is a large-scale high-tech enterprise group dedicated to designing, developing, manufacturing and marketing LED chips, LED packaging products and LED application products. The group company was successfully listed in Hong Kong and Taiwan with a market capitalization of nearly HK$5 billion. In recent years, the company's business scale has become larger and larger, and the existing production capacity has been unable to meet the customer's business needs, which has seriously restricted the company's development pace. In view of this, the senior leaders of the Group's head office unanimously decided to invest nearly 10 billion yuan to build three world-class and largest LED chip packaging production centers in Heshan Gonghe, Jiangmen and Yangzhou by increasing investment and expanding LED production capacity.

It plans to purchase 100 sets of Organometallic Chemical Vapor Deposition (MOCVD) machines and related equipment in five years, expand the existing LED chip packaging industry base, and build new epitaxial chips in the two green industrial parks of Yangzhou and Jiangmen. The factory area will expand the automation packaging machine in the middle of the LED industry to match the expansion of the upstream LED chip factory. After the expansion is completed, Zhenmingli Group will reach 230,000 pieces of LED chips per month, and the packaged LED products will see 4.7 billion monthly targets. At that time, Zhenmingli Group will become a three-headed LED in the middle and lower reaches, with a chip packaging output value of nearly 4 billion yuan. The group's total output value will reach 10 billion yuan, and the world-class lighting giants with a market value of 50 billion Hong Kong dollars.

This LED epitaxy and chip production project is an important step for Zhenmingli Group to build a value of 10 billion yuan. Guangdong Yinyu Chip Semiconductor Co., Ltd. was established by BILLION CHOICE TRADING LIMITED, a subsidiary of Hong Kong Zhenmingli Group, and invested 2 billion yuan in Jiangmen High-tech Zone. Introduced 60 MOCVDs in three phases to achieve a green production base with an annual output value of 2 billion yuan.

As the first hometown of overseas Chinese in China, Jiangmen City, Guangdong Province is located at the meeting place of Xijiang and Pengjiang, and is the transportation hub of western Guangdong. Jiangmen City is the first batch of information-based pilot cities, national electronic information industry bases and green (semiconductor) light source industry bases in Guangdong Province (Jiangmen). It has already established a basic semiconductor green lighting industry chain. The city already has a group of world-class enterprises with profound technical strength, such as Zhenmingli Holding Group, Citizen Electronics, Emerson, Ashland and Corning. In recent years, the Jiangmen City Government has focused on LED, a low-carbon and environmentally-friendly new high-tech industry, and has introduced a number of policies to attract investment and attract talents from the LED industry, creating a good development atmosphere for Jiangmen's high-tech enterprises and talents.

Under the care and support policy of the municipal government, Hong Kong Zhenmingli Group will give full play to the technology and talent advantages accumulated by the Group in the LED industry for more than 10 years, and move forward in the LED industry with huge market potential to move towards a glorious future!

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Mr. Fan Bangyang, Chairman of Zhen Mingli, signed a contract with Director Guo Jianhong of High-tech Zone

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Mr. Fan Bangyang, Chairman of Zhen Mingli exchanged contracts with Director Guo Jianhong of High-tech Zone

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Leaders group took a group photo

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Leaders celebrate the successful conclusion of the signing

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Temporary small press conference

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