Furi Electronics invested more than 200 million to build Huizhou LED product base

Furi Electronics (600203) announced on the evening of January 17, the company's holding subsidiary Shenzhen Mairui Optoelectronics through its wholly-owned subsidiary Huizhou Mairui Optoelectronics will invest no more than 223 million yuan to build "Huizhou LED product production research and development base project."

The project covers an area of ​​3,2585.4 square meters and the construction area is estimated to be 62,600 square meters. It is used for the construction of the company's research and development, production, sales, office and supporting facilities. The construction period of the project is about two years.

At present, Huizhou Mairui has signed an agreement with the Dongjiang Management Committee of Huizhou Zhongkai High-tech Zone to settle the project of the R&D base in Huizhou Zhongkai High-tech Zone Dongjiang Industrial Park.

It is reported that Shenzhen Mairui Optoelectronics' current production and operation sites are leased, totaling nearly 20,000 square meters, unable to further expand production capacity and will expire in August 2015. In addition, the current production and operation of Mairui Optoelectronics is located in Shenzhen, where rents are increasing year by year, and at the same time, it faces the pressure of increasing labor costs and difficulties in recruiting workers. The construction of this project can effectively solve the above problems and promote Mairui Optoelectronics to rapidly expand the production scale of various LED display products, ensure the smooth implementation of new product development plans, and continuously increase market share.

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