Foshan Lighting and Puri enter the LED field

The pace of expansion of Foshan Lighting in the new energy sector has once again accelerated.

Following the formal acquisition of a 20% stake in Hefei Guoxuan Gaoke Power Energy Co., Ltd. and a capital increase of 8.77 million yuan in Qinghai Foluo Lithium Energy Co., Foshan Lighting announced today that the company has recently cooperated with Bridgelux Optoelectronics Co., Ltd. of the United States. The LED project reached a preliminary cooperation intention.

Foshan Lighting said that as a large-scale enterprise in the lighting industry, the company has been actively seeking cooperation with LED epitaxial and chip manufacturers at home and abroad since the beginning of 2009, but due to patent issues in LED epitaxy, chip production and packaging technology, Carefully find LED extension and chip manufacturers with legal patents to cooperate. The company has been in constant contact with some LED epitaxial and chip manufacturers in China, the United States, Japan, etc., and finally reached a willingness to cooperate with the US Purui Company.

According to the announcement, Bridgelux Optoelectronics Co., Ltd., headquartered in Silicon Valley, is a pioneer in solid-state lighting (SSL) with more than 225 patents worldwide. It is a professional company that designs solutions for the lighting industry.

This cooperation intention includes the cooperation in the production and sales of high lumen LED bulbs and lamps in China. Provided by Puri, the patented high-lumen LED light source module, heat dissipation and driver technical support, combined with Foshan lighting LED bulbs, lamps (including MR16 spotlights) series of products manufacturing technology, research and development of LED application products Cooperation. Under the condition of satisfying certain sales volume, the above series of product solutions provided by Preh Company are only available to Foshan Lighting in China.

Foshan Lighting said that this cooperation has fully utilized the respective advantages of the company and Puri, and has achieved strong cooperation and complementary advantages, creating favorable conditions for the two parties to jointly enlarge the market share of LED. At the same time, Foshan Lighting reminded investors that the LED project for this cooperation is only an intentional result, and there is still uncertainty. The company will disclose relevant information in a timely manner according to the progress of the project.

In terms of new energy business, Foshan Lighting's current new energy business is located in lithium carbonate and power batteries. Xiangcai Securities analyzed that lithium carbonate is difficult to contribute profits in the short term, so only consider the power battery when evaluating Foshan Lighting's new energy business, which depends on the speed of new energy vehicles. The cooperation intention reached this time shows that under the premise of the new energy layout, Foshan Lighting urgently needs to find new profit growth points. This time, it will undoubtedly cooperate with the US Purui Company to develop high-lumen LED bulbs and lamps. Provide more powerful momentum for the continued development of its new energy sector.

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