Spark recently emerged as one of the successful bidders of the “2012/2013 Semiconductor Lighting Products Financial Subsidies Promotion Project”, a joint project between China’s Ministry of Finance, the National Development and Reform Commission, and Ministry of Science and Technology. This is the second time Spark has won a national LED lighting application promotion project after successful bidding of “Semiconductor Lighting Products Demonstration Project” in 2010.
The biddings organized by the three ministries are based on the requirement of Interim Measures for the Administration of Fund on Efficient Lighting Products to Promote Financial Subsidies (Finance Construction [2007] No.1027), aiming at encouraging the promotion, demonstration and application of semiconductor lighting products; further promoting green lighting program; energy conservation; reducing carbon emissions; and guiding the healthy and orderly development of LED lighting industry.
Through product quality and technical evaluations of bidders, only 30 enterprises out of hundreds of bidders made the cut, including Spark Optoelectronics S&T Co., Ltd.. The three ministries jointly promote LED lighting products promotion project and determine the shortlisted enterprise has added new impetus to the development of LED lighting industry. Spark will take this opportunity to increase R & D and innovation, positively respond to the nation’s call for the policy of promoting high efficiency and energy saving lighting products through the “Industrial Benefiting People” plan, and allow high-end LED lighting products to benefit end users with lower price and better services.
Spark Wins China’s LED Promotion Financial Subsidies Bid
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