Sri Lanka’s booming economy has drawn Chinese LED manufacturer Shanghai Hanjing 0ptoelectric Technology (Hanjing) to invest in the country’s market.
Shanghai Hanjing 0ptoelectric Technology plans to initially invest US $15 million in the Sri Lanka market, and might invest more to expand their business there, said the company’s General Manger Cai Weimin.
The company has a comprehensive LED product portfolio, and offers more than 20 LED products for different applications, including major projects Port City in Colombo. Hanjing’s LED products claim to have a lifetime of 100,000 hours.
Hanjing Green Laka Energy Solutions was incorporated to time with Sri-Lanka’s economy, said Cai.
Their manufacturer Jaingsu Yangtze Electromechanical Science & Technology team comprise of Chinese and foreign experts in rare-earth, nano-materials, ceramic materials, semiconductor mateirals, optics, thermal, electricity, electromagenetics and mechanical design. According to the article, Yangtze Electromechanical Science & Technology has received a lot of awards and funding from the U.S.