Recently, Delixi Group Co., Ltd., Shengqi (Shanghai) Optoelectronic System Technology Co., Ltd. and Zhejiang Qiaoxin Electric Co., Ltd. signed a contract for the establishment of China Delixi Holding Group Shengqi Energy Technology Co., Ltd. The registered capital of the joint venture company is 30 million yuan. The factory is located in Jiaxing, Zhejiang. In the initial stage, it mainly produces LED lighting products. The first phase plans to invest about 30 million yuan to build the first production line. It is estimated that the annual output of lamps will be nearly 130,000. In the future, according to market needs, the company's product line will be further expanded to other areas such as LED bulbs, LED street lamps and so on. Delixi is one of the well-known electrical appliances brands in China. In 2009, Shanghai Boenshitong Optoelectronics Co., Ltd. was established to develop and produce LED chips and epitaxial wafers. This joint venture is a major move for Delixi to enter LED lighting. Since its establishment in 2008, Shanghai Shengqi Optoelectronic System Technology Co., Ltd. has been committed to the development and production of LED lighting fixtures, with more than a dozen patents and non-patented technologies. Zhejiang Qiaoxin Electric Co., Ltd. is optimistic about the development potential of the LED industry. The tripartite joint venture will help promote the rapid development and continued growth of the joint venture LED project. Dot Matrix Led Display,Round Dot Matrix Led Display,5X7 Dot Matrix Led Display,1.2 Inch 5X7 Dot Matrix Display Wuxi Ark Technology Electronic Co.,Ltd. , https://www.arkledcn.com