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Jiangxi Mulinsen Semiconductor Materials Co., Ltd. was invested by the listed company Mulinsen Co., Ltd. in Xinyu City, Jiangxi Province, with an investment of more than 2 billion yuan. It is a national high-tech enterprise and was put into operation in March 2016. It mainly produces LED display circuit boards, aluminum substrates and BT. The board, full color board, power board and other products will be put into production in March 2016. After the production, it will become the largest manufacturing base of LED circuit boards in China.
On January 10, 2017, Gaogong LED accompanied the more than 120 people of Mulinsen's strategic partners to visit the largest production base of Mulinsen: a look at Jiangxi Mulinsen Lighting Co., Ltd. (hereinafter referred to as “Mulinsen”). In addition, on January 11, I went to Xinyu City to visit the new factory.
It is understood that the Xinyu Phase III project covers an area of 435 acres and has a total of 8 production plants. By the end of June 2016, the total assets of Mulinsen Company reached 1.53 billion yuan, and will continue to increase investment in the later period according to the company's development needs.
It is worth mentioning that the fourth, fifth and sixth phases are still being planned, with a total demand of more than 4,000 people.
On the evening of January 17, Mulinsen (002745) issued a notice stating that it is proposed to change the “Xinyu LED Application Lighting Phase I Construction Project”. The project plans to build a new LED lamp, candle lamp, ceiling lamp and downlight production base in the high-tech zone of Xinyu City, Jiangxi Province. The project design capacity is 148.47 million pieces per year, with a total investment of 904.243 million yuan.
At present, the company is planning to acquire LEDVANCE for the general lighting business set up by Osram. Therefore, the company's strategic planning has been adjusted. In the future, the business of Mulinsen's parent company and existing subsidiaries will focus on LED packaging and LED lighting components. LED application lighting business will focus on LEDVANCE or through outsourcing production.
Therefore, the company decided to change the “Xinyu LED Application Lighting Phase I Construction Project” to “Xinyu LED Lighting Package Component Project”.
At the same time, the changed fundraising project is planned to build a new LED display lighting board and LED indoor lighting board production base in Jiangxi Xinyu High-tech Zone. The project design capacity is an annual output of 15,903,300 square meters, and the total investment amount of the project is 1,034,291,100 yuan.
Mulinsen said that the completion of the project will further strengthen the company's core competitiveness in the field of LED packaging and components. The project changes will be compatible with the company's future business development, which will help create synergies, reduce product costs and enhance product market competitiveness. And profitability, in line with the company's need to implement long-term strategic planning.
Undoubtedly, with many years of technology and product innovation, Mulinsen is leading the way in LED packaging and LED application lighting products. At the same time, many years of technology precipitation and accumulation have the basis for extending the field of LED lighting components.
In addition, in recent years, various ministries and commissions have introduced a number of support policies for the LED industry, such as the “Ten Cities and Ten Thousand” semiconductor lighting application project launched by the Ministry of Science and Technology in 2009, the Ministry of Housing and Urban-Rural Development in 2011. The “12th Five-Year Plan for Urban Green Lighting Planning” was issued, and the “Semiconductor Lighting Industry Energy Conservation Plan” jointly issued by the 6 ministries and commissions of the Ministry of Science and Technology in February 2013, “Made in China 2025” issued by the State Council in May 2015, etc. . The support of national industrial policies has made the LED industry face a better market prospect. In the future, the growth of LED industry demand will continue to maintain rapid development.
Overall, Mulinsen's new fundraising project “Xinyu LED Lighting Package Component Project” is in line with the national industrial policy and has a broad market prospect.
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