The Huazhong Optoelectronic Industrial Park with a total investment of 2 billion will lay the foundation for the LED lamp project.

Recently, the Huazhong Optoelectronic Industrial Park with a total investment of 2 billion yuan was officially started in Gaoxin District, Xiaogan City, Hubei Province.

The first phase of the project will invest 1.2 billion yuan. It is planned to complete the Huazhong Optoelectronics relocation and upgrading project and the joint venture project with Marelli lighting with 2-3 years. The second phase of the project will promote related automobile supporting and other projects, and build Huazhong Optoelectronic Industrial Park into a domestic first-class optoelectronic enterprise with an annual sales income of more than 3 billion yuan, and realize a tax of more than 200 million yuan.

The lighting project in the first phase of the project will be jointly invested by Fortune 500 companies, the Marelli Group of Fiat Auto Group and Huazhong Optoelectronics Technology Co., Ltd. with a total investment of 40 million Euros. It is planned to be put into operation in 2015 with an annual output of 5 million lamps. Halogen technology headlights, xenon technology headlights, intelligent servo system headlights and LED technology headlights, etc., are mainly supplied to Changan Automobile Group and its joint ventures.

Huazhong Optoelectronics Technology Co., Ltd. is a Fortune 500 company, a subsidiary of China Ordnance Equipment Group. According to the strategic cooperation agreement between the weapons equipment group and the city, Huazhong Optoelectronics Industrial Park will invest a total of 2 billion yuan and 513 mu of newly acquired land in accordance with the principle of overall planning and step-by-step implementation, and strive to build a leading optical high-tech enterprise in China.

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