Sino-Korean joint venture to jointly promote new ultra-light LED street lights

January 11, South Korea, CCT Lighting. Inc. and China's Hunan Sunshine Optoelectronics Industry Co., Ltd. held a joint venture signing ceremony in Wangcheng Economic Development Zone. Mr. Li Pei, party secretary of the Hunan Provincial Council for the Promotion of International Trade, and president of the Hunan Provincial Association for the Advancement of the Elderly Lang Yizhu, Liu Quan, deputy director of the Hunan Provincial Department of Commerce, and Wang Xijun, deputy secretary-general of Guangdong International Trade Association attended the signing ceremony.

CCT Lighting. Inc. is Korea's largest LED lighting product development and manufacturing company with leading technology and strong brand influence. Sunshine Fuyuan Optoelectronics Co., Ltd. is a domestic company that integrates product research, development and production. Faced with the expansion of market demand and the current shortage of electricity supply, China Hunan Sunlight Optoelectronics Industry Co., Ltd. and Korea CCT Lighting. Inc. is a joint venture company that establishes a production and sales facility in Hunan, China to provide customers with LED lighting product design, development, production, and sales. The two parties jointly invested 50 million U.S. dollars (first-phase project) to produce energy-saving LED lighting products. It is expected that the annual production value will reach 100 million yuan after the first phase of the project is put into operation this year. 

According to the report, the new ultra-light LED street light introduced by the joint venture company adopts world advanced technology and has the world's lightest and most technologically advanced features. It can directly replace the high pressure sodium light source without changing the traditional high pressure sodium lamp. The existing street lamps can be directly replaced in the form of integrated lamps, which not only achieves the goal of high efficiency and energy saving, but also weighs only one-tenth of the existing LED street lamps through innovative design, meeting the convenience requirements of customers' installation, use, and maintenance.

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