In the afternoon of October 9th, Jiangsu Dongbao Photoelectric technology Co., LTD. signed the agreement with Guangde County for the construction of LED photoelectric industrial park.

With main manufacturing base in Changshu New & Hi-tech Industrial Development Zone, Jiangsu province, the company specializes in production of LED application products.

With the intent of further production expansion, Dongbao plans to invest 1.2 billion yuan (1 billion for equipment and 200 million for infrastructure) in 5 years in setting a LED photoelectric Industrial park. When completed, the base is expected to deliver 1.2 billion yuan in annual sales and over 60 million yuan in annual tax.