Mu Linsen invested 1.287 billion to build a new LED filament lamp production base in Yiwu

Mu Linsen issued several announcements in a row. The announcement revealed that Mulinsen Company intends to build a new antique LED filament light bulbs production base in Zhejiang Yiwu Industrial Park. The project design capacity is 229.17 million pieces per annum with a total investment of 128,686.21 ten thousand yuan. . The land, factory buildings, warehouses, and staff quarters required for this fundraising project will be obtained through the form of leasing by the target company to the listed company, while the target company will be required to bear the cost of the decoration and ancillary works of the corresponding construction. It is expected that the total cost of the construction and auxiliary project will be shared. 19,802,000 yuan. The purchase and installation of production equipment, auxiliary equipment and moulds totaled 932,586,000 yuan, the rent for the construction period was 30,490,900 yuan, the reserve cost was 1,130.62 million yuan, and the initial working capital was 11,452.80 million yuan.
Yiwu LED lighting（china LED Filament light Bulbs manufacturer） application product project is planned for this project in Zhejiang Yiwu Industrial Park with a construction period of 12 months, a calculation period of 9 years and an operation period of 8 years. After the completion of the project, the production capacity will gradually increase, and the production will be completed after two years of production and operation, that is, the production will be completed in the third year, reaching a production rate of 96%.

It is reported that economic LED Filament light is widely popular in foreign markets. At present, filament lamps are mainly used for export. The market is mainly distributed in Germany, Italy, France, Denmark, Brazil and other places.