Neo-Neon to Supply LED Lighting for Sinopec

Recently, Hong Kong-listed lighting maker Neo-Neon Holdings has won a two-year contract to supply LED lighting fixtures to mainland China gas stations Sinopec Corp.

According to Neo-Neon, it has begun supplying the fixtures to the petro company’s 1,360 gas stations in Shanxi Province as the first step of the provision. The initial provision is estimated to bring in sales revenue of around RMB76.5 million (US$11.9 million at US$1: NT$6.4).

In two separate deals, the company singed a two-year contract for its subsidiary, Neo-Neon LED Lighting International Co., Ltd., to provide the Beijing Centergate Development and Construction Co., Ltd. with LED lighting fixtures and a contract to co-found an energy venture with a Chinese state-run suburban welfare promotion center.

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