Pengyuan Optoelectronics becomes GE's LED strategy partner in China

[High-tech LED News] Recently, Hebei Pengyuan Enterprise Group and General Electric Lighting Co., Ltd. (GE) signed a comprehensive strategic cooperation agreement in Qinhuangdao. The two sides will cooperate in technology, marketing, production, management and capital. Yuanguang Electronics has become GE's comprehensive strategic partner in the LED industry in China.

The two sides will conduct in-depth cooperation in a number of projects in Hebei Province in the near future through the form of EMC. The partnership covers the entire process from R&D, production, sales and after-sales services, covering the high end of the value chain. Next, Hebei and GE will also reach a series of framework agreements to promote comprehensive and in-depth strategic cooperation.

Peng Yuan said that cooperation with GE will further enhance Pengyuan's production and technology research and development level in the LED industry, enhance the company's product and technology competitiveness in the LED field, and help Qinhuangdao rapidly form LED industry scale and realize industrial agglomeration in the short term. Promote the development of LED strategic emerging industries in Hebei Province and the technological advancement of the entire lighting industry.

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