Taiwan AcBel signed an investment collaboration agreement with Henan Shengmao Photoelectric through its subsidiary in Dongguan, they will set up a new joint-venture company attacking Chinese mainland LED lights and outdoor lighting markets, preliminary estimates suggest that the investment will reach billions of dollars, the output and market outlook will be a hundred times beyond the current situation.

Shengmao Photoelectric is the leading enterprise of signal lights and LED lights in Henan Province, its market share is in the first place, and its products have been available in 20 provinces of central and western China, in the signal lights market, it has rich sales channels.

However, AcBel has specialized in LED Street lights industry for many years, its Street lights not only achieved certifications of ITRI / CNS15233, but also passed Taiwan CNS Mark certification, and after three years of uninterrupted lighting test, AcBel Street lights have been widely installed in Taiwan and the mainland and have been highly praised for its high quality, the joint venture is to develop the sales channels and improve product quality further.

In future, AcBel will serve as technology provider of research and development, product updates, production management and other aspects; it will combine the sales network of Shengmao Photoelectric to expand the green lighting industry rapidly, but also plan to develop intelligence surveillance lights in the next phase.

AcBel was originally optimistic about the outbreak of LED business in this year, and AcBel can quickly seize the mainland LED outdoor lighting opportunities through the cooperation with Shengmao Photoelectric, the layout of AcBel in LED Street lights field will speed up in this year.