"This 20 million yuan wind investment, we will do our best: build the country's largest LED industry base in Chongqing, let the company go public in the shortest time..." Yesterday, when signing an investment agreement with Chongqing Xinghe Optoelectronics Technology Co., Ltd. Yu Jiangyu, general manager of Chongqing Science and Technology Venture Capital Co., said. So far, the newly established Liangjiang New District has ushered in the first 20 million yuan big ticket of the city's venture capital.
"Purchasing" for 4 years, eventually holding hands
Due to the accumulated technology and talent resources in the LED industry in Chongqing, after many years of investigation, the Ministry of Science and Technology finally officially listed the city as the first pilot city of the national “Ten Cities and Ten Thousands†LED lighting application last year.
Four years ago, Chongqing Xinghe Optoelectronics Technology Co., Ltd. settled in Shenzhen to Chongqing Yubei District. The advanced and open management concept and the company's leading technology in LED tunnel lights and other aspects entered the sight of Chongqing Venture Capital.
"What we value most is the spirit of this team." You Jiangjun said that doing LED tunnel lights is a chore, not only the technology must be too hard, but more importantly, the lamps must be able to adapt to the harsh climate in the tunnel. It is not a simple matter to do it.
But Xinghe resolutely chose this hard bone. “R&D and testing must be carried out in a tunnel environment with black pressure and poor ventilation. It is often a few days to stay,†said the person in charge of Xinghe Company. Two years ago, Xinghe Company got the tunnel light project of a section of highway in Yunnan, and became the first enterprise in China to undertake the LED tunnel light engineering business.
"At that time, the scale of this enterprise was more than 70 million, but this team spirit is very in line with our investment philosophy." You Jiangyu made up his mind.
Annual electricity saving cost 200 million yuan
After the investment of wind investment, how to make the enterprise grow and develop as soon as possible?
"Improve the strength of research and development and overcome key core technologies, so that enterprises can have the driving force for sustainable development." The relevant person in charge of the Municipal Science and Technology Commission said.
At the signing ceremony yesterday, the city's semiconductor lighting engineering technology research center built by Xinghe Company was unveiled at the same time to gather the resources of the whole city and take the enterprise as the leader to drive the development of the whole industry.
“The engineering center will make breakthroughs in technologies such as LED brightness and dimming, and develop a series of high-end functional lighting fixtures, so that LED lamps can be used in all walks of life,†said the person in charge of Xinghe Company.
According to preliminary estimates, if the city's 150, 600-kilometer tunnels, as well as urban landscape lighting, use LED lighting, the number of LED lights, the annual cost of electricity savings will reach 200 million yuan.
Strive to be listed in 3-5 years
"With the injection of venture capital, we will give great help to enterprises in terms of equipment purchase, research and development, production line construction, etc." You Jiangyu said with confidence that this year's sales revenue of Xinghe Company will be over 100 million yuan, next year. 150 million yuan, 200 million yuan in the following year... Strive to use 3-5 years to push the Galaxy onto the GEM or SME board.
To this end, the relevant person in charge of the Municipal Science and Technology Commission also said that within two years, the city will strive to spend 50 million yuan to use large-scale LED lighting technology in highway tunnels, municipal lighting, underground parking lots, etc. in 40 districts and counties. New products have built the largest LED industry base in the country and promoted the development of the entire industry.
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