Jiangmen LED Industry Association established 18 billion funds for blood transfusion LED industry

As the leading industrial city of Guangdong Province, Jiangmen officially established the LED industry association yesterday. In the future, the association will provide services in the areas of industry standard formulation, financing for member companies, and maintaining fair competition in the industry. Heshan Yinyu Lighting President Fan Bangyang was elected as the first president of Jiangmen LED Industry Association.

At the inauguration ceremony yesterday, Jiangmen LED Industry Association also signed financing cooperation agreements with China Agricultural Bank, Everbright Bank, and Postal Savings Bank. In the next three years, the three banks will provide 18 billion yuan in credit support to the association's member companies to solve financing problems.

64 companies form "industry alliance"

Yesterday afternoon, Jiangmen LED Industry Association officially announced the establishment of 64 enterprises, including Yinyu Lighting, Keheng Industrial, Guangmingyuan Lighting and many other companies involved.

Fan Bangyang, president of the LED Industry Association of Jiangmen City, said that in the future, the association will be led to help promote the development of industry standards, provide financing for member companies, and maintain fair competition in the industry. Among them, on how to promote the development of industry standards, currently the LED industry association of Jiangmen City has cooperated with the Bureau of Quality Supervision and Administration of the People's Republic of China and set up a standards committee at the association. In response to the current situation of the lack of LED industry standards, the leading companies and key enterprises in the industry will be introduced as soon as possible. standard.

It is reported that compared to Shenzhen, Foshan, Zhongshan and other places to develop LED industry, Jiangmen is a rising star, but it is developing very quickly. Since Jiangmen officially decided to develop the LED industry in 2007, the overall scale of the LED industry so far accounts for about 1/6 of the province.

Three banks will provide 18 billion in credit support in the next three years

Due to the huge space for future development of the LED industry in Jiangmen, at the opening ceremony of the Association yesterday, the three banks and the LED industry association of Jiangmen City reached a large amount of financing framework agreement. According to the agreement, the three banks, including the Agricultural Bank of China, Everbright Bank, and Postal Savings Bank, will provide Jiangmen LED industry with 18 billion yuan in financing loans in the next three years.

For how to operate the funds, Yin Yusong, secretary general of the LED Industry Association, said that in addition to assisting member companies and banks in "making bridges", they will also lead the establishment of specialized investment companies and guarantee companies in the name of the association to help member companies in the association to raise funds. At present, the establishment of two major companies has been included in the agenda of the conference.

In another development, the LED industry association of Jiangmen City plans to quickly establish an LED trading center based on the city's leading LED companies and key enterprises. "The leading companies each invested 3 million, and quickly raised about 60 million seed funds to operate the trading platform." The project was initially selected in the High-tech Zone.

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For the industry "encourage" equipment subsidies will not be canceled temporarily

The reporter learned that the rapid development of the LED industry in recent years has benefited from the strong support of local governments. However, with the end of the "honeymoon period" supported by the policy on the industry, local policy support began to withdraw, and this year, Yangzhou stopped the subsidy for investment and development in the LED industry.

As one of the regions with the largest subsidies for LED industry in the country, does Jiangmen also suspend subsidies for this industry? Yesterday, Ren Anliang, the deputy director of the Municipal Bureau of Economic and Credit Administration, made it clear: “Jiangmen's preferential subsidy policies will not be cancelled for the time being. For example, the 10 million to 12 million/subsidy subsidies for epitaxial wafer production equipment MOCVD will continue at least until June next year.”

In addition, Ren Anliang also disclosed that the inspection team formed by the main leaders of the Municipal Party Committee had completed an in-depth investigation and study of the Taiwan LED industry in the first half of this month. "At present, the tone of 'continue to increase efforts to support the LED industry' has been set." The future support of the LED industry in Jiangmen City may be adjusted in the direction, but the intensity will not be reduced.