On October 27, Hongli Zhihui announced that it had signed a Strategic Cooperation Agreement with Jingyuan Optoelectronics Co., Ltd. (hereinafter referred to as “Jingyuan Optoelectronicsâ€). Both parties have fully deployed LED products in the field of automotive lighting, and LED lighting is one of the key development directions in the future. In order to give full play to their respective advantages, resource sharing, and mutual benefit, the two sides form strategic partnerships. The car-level LED product development and certification cycle is long, and the two sides negotiate a strategic cooperation period of four years.
The company provides LED-level LED chips protected by intellectual property rights. The company is packaged into car-level LED lamp beads to cooperate with each other to jointly promote the development and certification of car-level LED products, and strive to enhance the market competitiveness of both parties.
The two parties have agreed that from November 2017 to October 2021, the company or the company's subsidiary will purchase the car-level LED chips from Jingyuan Optoelectronics, with a total amount of approximately RMB 500,000 (variable as the market conditions change) Amount ± 15%).
The announcement shows that the strategic cooperation between Hongli Zhihui and Jingyuan Optoelectronics is as follows: 1. Establish a monthly regular communication mechanism for senior management personnel of both parties to implement, monitor and promote the smooth development of strategic cooperation; 2. Jointly develop new products, or wafers. According to the needs of the company's research and development, Optoelectronics provides new products to assist the company to complete product strategy development. 3. The company should actively adopt the newly developed products of Jingyuan Optoelectronics. If the company uses the new products of Jingyuan Optoelectronics or processes the products with new technology, It should give priority to the new product data and test report to Jingyuan Optoelectronics, and cooperate with Jingyuan Optoelectronics to test and improve its products; 4. The company proposes product demand forecast to Jingyuan Optoelectronics on a quarterly basis, and proposes products to Jingyuan Optoelectronics on a monthly basis. Demand planning, including product types, specifications, models, quantities, etc.; Epistar should be based on the company's demand plan, prioritize production, and ensure timely supply of products.
Hongli Zhihui said that the company has established a strategic partnership with Jingyuan Optoelectronics to solve the problem of the company's large-scale production of LED chip intellectual property rights for LED-scale LED products; it is conducive to the large-scale stable supply of the company's car-level LED chips, reducing The cost of the company's car-level LED products; help the company to better and faster access to the LED chip technology, services and other aspects of car-level LED product development process; help the company with the use of Epistar in LED automotive lighting applications The resources of the field will realize the company's layout in the field of LED automotive lighting faster.
Ningbo Autrends International Trade Co.,Ltd. , https://www.supermosvape.com