Shangyu invested 1.4 billion yuan to build a national energy-saving lamp base

The production of LED lighting products can form an annual output of 200 million energy-saving lamps after the project is put into production. "We have invested at least 500 million yuan this year to establish three energy-saving lamp production bases in Shangyu, Fujian and Jiangxi, so that the annual output will exceed 1 billion." Zhang said.
In the context of high global energy prices, energy conservation and consumption reduction are more important than ever before, and countries all over the world are “powerful” in energy conservation and consumption reduction. Last year, Australia was the first to announce the phasing out of incandescent lamps before 2012; the European Union announced that it would no longer sell incandescent lamps in 2009; then, developed countries such as Canada, Japan and the United States have accordingly determined energy-saving lamps to replace incandescent lamps or limit the use schedule. China plans to promote 150 million energy-saving lamps during the 11th Five-Year Plan period.

Zhao Xiaoyun, deputy secretary of the Party Committee of Shangyu Economic and Trade Bureau, told reporters: "In the next 5 to 7 years, the global energy-saving lamp market has unlimited business opportunities. At present, the global incandescent lamp and energy-saving lamp use structure is 4 to 1, while China is 7.5 to 1, energy-saving lamp replacement. The incandescent space is huge."

In order to seize the market, Shangyu energy-saving lamps companies have invested heavily in expanding production capacity. In the past few months, the sub-base of "Sunshine" has set up a camp in the world, setting off the first wave of breakthroughs in capacity bottlenecks. Under the leadership of "Sunshine", as the largest export base of energy-saving lamps in the world, Shangyu related companies are gearing up and cutting cakes. Yesterday morning, Chen Baohua, the chairman of the company, which sold 400 million yuan a year, directed the expansion of the plant while revealing to the reporter that the company had newly acquired 120 mu of land and expanded.

"According to preliminary statistics, this year, Shangyu Lighting Appliances has 24 new projects, with a planned investment of 1.421 billion yuan. Shangyu Lighting Industry has made great strides toward 20 billion sales." Zhao Xiaoyun told reporters.

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