GGV Capital announced that it has completed the last round of investment with Sichuan Xinli Light Source Co., Ltd. together with other investors. This is the third additional investment of Jiyuan Capital in Xinli Light Source. Mr. Li Feng will continue to serve as a director of the new board of directors of the company.
When talking about the reasons for the three-year three-power new light source, Yu Lifeng, a partner of Jiyuan Capital, said: “Xinli Light Source is one of the few companies in the field of LED lighting in China that truly master the core technology and reach the international leading level. Compared with the DC LED technology, Xinli Light Source's original generation of AC LED technology has greatly improved the key indicators of energy saving, cost and service life, and the product cost performance has an absolute leading position in the world. It reflects the confidence of Jiyuan Capital in the management of Xinli Light Source, the continued optimism of the company's development prospects, and the optimistic judgment on the growth potential of the energy-saving lighting industry."
It is reported that the new generation LED communication technology of Xinli Light Source passed the appraisal of the appraisal group of the Chinese Academy of Sciences consisting of 10 academicians of the Chinese Academy of Sciences, 2 leaders of the National Natural Science Foundation of China and 3 industrial experts on June 16.
When talking about the reasons for the three-year three-power new light source, Yu Lifeng, a partner of Jiyuan Capital, said: “Xinli Light Source is one of the few companies in the field of LED lighting in China that truly master the core technology and reach the international leading level. Compared with the DC LED technology, Xinli Light Source's original generation of AC LED technology has greatly improved the key indicators of energy saving, cost and service life, and the product cost performance has an absolute leading position in the world. It reflects the confidence of Jiyuan Capital in the management of Xinli Light Source, the continued optimism of the company's development prospects, and the optimistic judgment on the growth potential of the energy-saving lighting industry."
It is reported that the new generation LED communication technology of Xinli Light Source passed the appraisal of the appraisal group of the Chinese Academy of Sciences consisting of 10 academicians of the Chinese Academy of Sciences, 2 leaders of the National Natural Science Foundation of China and 3 industrial experts on June 16.
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