Feilo Acousticsannounced on Oct. 10^th that the company has received the Notice on 2012 Financial Subsidy for Promoting Semiconductor Lighting Products issued by the National Development and Reform Committee, Ministry of Finance and Ministry of Science and Technology.
 
According to the Notice, the quota for Feilo Acoustics’ wholly-owned company Shanghai Yaming Lightign Co., Ltd in promoting semiconductor products in 2012 totals 360,000, including
(1) 300,000 LED downlights (4-inch 11W, 6-inch 20W and 8-inch 36W) and LED spotlights (PAR30/9.5W and PAR38/12.5W); and
(2) 60,000 LED tunnel lights (5400lm/65W and 9000lm/110W) and LED streetlights (9000lm/90w and 14000lm/160w).
The LED lighting products with subsidies are only for sale at home without limitations in areas.
 
Feilo Acoustics stated that the subsidy will be conducive to its sales of LED products and boost its market share and power of influence in the green lighting industry.