Recently, GCL Optoelectronics Technology Holdings Co., Ltd. and Yancheng Economic Development Zone held a signing ceremony for LED epitaxial wafers and chip investment in Suzhou. Ding Yu, member of the Standing Committee of the Municipal Party Committee, Secretary of the Political and Legal Committee, and Secretary of the Party Working Committee of Yancheng Economic Development Zone, Tang Cheng, President of GCL (Group) Holdings Co., Ltd. delivered a speech at the signing ceremony.
It is understood that the total investment of the project is 2 billion US dollars, of which the first phase investment is 400 million US dollars and the registered capital is 120 million US dollars. Ding Yu said in his speech that he will organize the elite, build a service team, formulate supporting policies, continuously improve the city's functional support, create a first-class investment environment with high-quality and efficient service and pragmatic and innovative style, and ensure the economic development of the project in Yancheng. The district started construction smoothly.
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