NVC and Career reached a strategic cooperation

Huizhou, China, March 31, 2011 /PRNewswire-Asia/ -- Internationally renowned professional lighting company NVC Lighting (Hong Kong Main Board: 2222) and the global leader in LED lighting, Cree (Nasdaq: CREE) Signed a strategic cooperation agreement in Shanghai to strengthen and strengthen the development and transformation of the semiconductor lighting industry.

Mr. Yin Wei, Executive Vice President of NVC Lighting, and Mr. Tang Guoqing, General Manager of Career China Market, signed the strategic cooperation agreement as representatives of both parties. At the same time, Mr. Shi Yucan, Vice President and General Manager of China, Mr. Chen Yansheng, Chairman of China Lighting Association, Mr. Liu Shengping, Vice Chairman and Secretary General of China Lighting Association, and Mr. Dou Linping, Deputy Secretary General of China Lighting Association, were invited to attend and witness The signing ceremony.


NVC, Executive Vice President of NVC Lighting, and Tang Guoqing, General Manager of Career China Market, signed an LED strategic cooperation agreement


Mr. Yin Wei, Executive Vice President of NVC Lighting, said at the meeting: “NVC has maintained rapid growth, and through continuous research and development, it has launched a continuous innovation campaign to provide the public with an energy-efficient, healthy and comfortable artificial lighting environment. The cooperation will be mainly reflected in lighting application development, technical exchange and cooperation, and promoting market development. NVC Lighting is a leading lighting brand supplier in China. The products and application solutions used to be Beijing Olympics, Shanghai World Expo, Guangzhou Asian Games. It is selected for national key projects. NVC has the largest domestic production capacity in Huizhou, Chongqing, Zhejiang, Shanghai and other places in China, and has international level R&D centers in Shanghai and Huizhou in Hong Kong, UK, North America and Australia. It has an overseas product development center with 36 operation centers and more than 2,800 brand stores in China, and has established operations in more than 50 countries and regions overseas. With NVC's research and development, design, manufacture and manufacture of LED lighting products. Advantages of channels and brands and Cree's expertise in LED chips and packaging, both parties will The company will provide high-quality LED lighting application products and solutions with leading technology. At the same time, the two companies will also work together to improve the performance standards and technical level of semiconductor lighting products, and enhance the promotion of LED green lighting to enhance public awareness of LED lighting products and accelerate LED product market applications."

Mr. Tang Guoqing, the general manager of Career China Market, said: "The signing of this strategic cooperation agreement is of far-reaching significance. Cree and NVC realize cross-border cooperation and perfect combination. Cree Lighting LED in brightness, light efficiency, thermal performance, life, The reliability is in the leading position in the industry. At the same time, Cree's LED product series has everything, optimized for application design, meets various needs, facilitates terminal design and use, and creates greater value for customers' wisdom. NVC is an internationally renowned professional lighting company. Products involved in commercial, construction, office, light source appliances, home and other fields, especially commercial lighting has always maintained a leading position in the industry. The cooperation between the two sides will form a model of high-end LED lighting products."

Ms. Liu Shengping, vice chairman and secretary general of China Lighting Association, expressed her high opinion on the achievement of the strategic cooperation agreement between NVC and Career: “LED is entering the field of general lighting, and the industry has reached a consensus on this, while domestic LED The development of lighting has gradually returned to rationality. It is necessary to increase efforts to develop LED lighting products, especially the quality of LED lighting products. NVC and Cree are the leading companies in the field of LED lighting applications and chip packaging, and carry out in-depth and multi-faceted aspects. The strategic cooperation will have a positive impact on the development of high-quality LED lighting products, which is conducive to the healthy development of the domestic LED lighting industry and market."

As an outstanding listed company, NVC has been committed to advocating the “light environment” and continuously implementing the national energy conservation and emission reduction policy. It has always maintained a positive attitude towards the development of LED new energy-saving lighting industry. It started as early as 5 years ago. LED lighting technology application development, and set up an LED project team in Shanghai Light Source Electric R & D Center, is committed to promoting the development of LED lighting technology.

In March of this year, after many years of hard work, NVC has launched 6 series, more than 100 varieties and more than 300 LED products. According to reports, this batch of new LED products is at the leading level in China, which indicates that NVC has made new breakthroughs in the research and development and production of LED energy-saving products, and has made sufficient preparations for the popularization and application of LED lighting.

In November last year, NVC successfully won the bid for the first batch of national semiconductor lighting product application demonstration projects promoted by the National Development and Reform Commission, the Ministry of Housing and Urban-Rural Development, and the Ministry of Transport. It can be awarded in the demonstration project with great national authority, which highlights the strong strength of NVC in the LED field.

As a global manufacturer of LED epitaxy, chip, package, LED application solutions and compound semiconductor materials, Cree has been promoting high-efficiency LED products and eliminating low-energy lighting. Through the signing of this strategic cooperation agreement, the two parties will play their respective advantages in the industry, promote industrial development, and further consolidate, implement and sublimate the partnership.

About NVC Lighting

NVC Lighting is China's leading supplier of lighting products and was listed on the Hong Kong Stock Exchange on May 20, 2010. According to the statistics of China Lighting Association, NVC Lighting is China's largest supplier of lighting brands based on 2009 revenue. The Group is principally engaged in the design, development, production, promotion and sales of various lighting products such as light source products, lighting products and lighting electrical products. The products are sold through a national sales network of 36 exclusive regional distributors and 2,810 NVC stores covering 31 provinces, municipalities and autonomous regions in China.

About Cree

Founded in 1987, Cree is a well-known manufacturer and industry leader in the world of compound semiconductor materials, epitaxy, chips, packaging and LED lighting solutions. The advantages of Cree LED lighting products are unique materials technology and advanced white light technology in gallium nitride (GaN) and silicon carbide (SiC). With more than 1,100 US patents and more than 2,800 international patents, Cree LED Products are always at the world's leading level.


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