Cree Optoelectronics: Signed a strategic cooperation agreement with Jingri to penetrate into the multi-party market such as landscape lighting

[Text / high-tech LED Xu Chaopeng] January 5 news, Shanghai Career Optoelectronics Development Co., Ltd. (referred to as "Cui Rui") and Zhejiang Jingri Lighting Technology Co., Ltd. (referred to as "Jingri") signed a strategic cooperation agreement in Huzhou, Zhejiang Li Shengxian, general manager of Keyui Asia Pacific Sales, Dr. Shao Jiaping, General Manager of Career China, and Cheng Shiyou, General Manager of Jingri Lighting, attended the signing ceremony.

Gaogong LED understands that through the signing of this strategic cooperation agreement, Cree and Jingri will give full play to their respective advantages in the field of LED lighting, and join forces to penetrate into the multi-party market such as landscape lighting, road lighting and sports lighting. And launched a series of cost-effective LED lighting products, hand in hand to give customers.

According to research data from the High-tech LED Industry Research Institute (GGII), the total revenue of CREE in fiscal year 2015 (June 29, 2014-June 18, 2015) was 1.632 billion US dollars, of which gross profit was 475 million US dollars. Cree mainly sells LED devices in China and has chip cutting and device production in Huizhou, Guangdong. It is expected that Cree will gradually shift its business focus to LED lighting applications, and its sales in the Chinese market will gradually become more and more intense.

For the two sides of this event, Cree Optoelectronics and Jingri Lighting have maintained a very good cooperative relationship for a long time. There are many successful cases in the LED field in East China, North China, Northwest China and Southwest China.

For example, the Hangzhou Zhijiang Bridge (Hang Xinjing Expressway Extension Line) lighting project, which is co-operated by Cree and Jingri Lighting, and the Zhouling Industrial Park Road Lighting Project in Xi'an Xixian New District, Ke Rui assisted Jingri Lighting to design and produce JRD5 The buried lights have won many awards for lighting design at home and abroad.

“All in all, the cooperation between Cree and Jingri Lighting will complement each other's advantages and resources, and will continue to introduce LED lighting products and solutions that meet the needs of domestic and international markets in the future, in order to provide more customers and consumers. In the industry, there are lighting products with higher quality, higher innovation ability and higher cost performance.” Cree finally mentioned.

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