Sanan joins Chery Automobile to expand LED product market

China's LED manufacturer Sanan Optoelectronics recently said that it will jointly invest 80 million yuan with Chery Automobile to set up "Wuhu Anrui Photoelectric Co., Ltd." in Wuhu Economic and Technological Development Zone to engage in the design and production of LED packaging and applications. , sales, services, etc.

According to the announcement, Sanan invested 40.80 million yuan, accounting for 51% of the share capital. Sanan pointed out that the establishment of Wuhu Anrui Photoelectric Co., Ltd. is conducive to expanding the company's LED product market, accelerating the process of LED packaging and application industrialization, and extending the company's LED industry chain in line with national industrial policies.

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