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Neo-Neon LED Lighting to Establish 2000 Retail Stores in Mainland China

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Reviewed

Aug 20 2010

Manufacturer of decorative lighting products, Neo-Neon LED Lighting International, will establish approximately 2000 stores across the mainland China in the next three to five years. The company has invested approximately 500 million Chinese yuan to distribute its LED light fixtures.

Earlier this year, Neo-Neon established its first retail store in Hong Kong and will shortly open a new shop in Taipei by 2011. According to B.Y. Fan, Chairman, the companyhas planned to introduce the outlet plan in view of the promising outlook of the LED-lighting industry. Significant drop in lamp costs is expected to boost the LED lighting market.

Neo-Neo has established offices in Tianjin, Beijing, Shanghai, Guangzhou, and Shenzhen to handle the store launching operations. The company’s LED lighting business is supported by its LED-chip and LED-packaging operations and Taiwan’s specialists.

Source:

http://www.neo-neon.com

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