the Smart Grid Demonstration Park is run in this development zone

Yangzhou Economic Development Zone was established in 1992 and has been aggressively developing the green energy industry, which focused primarily in solar energy, smart grid, and SSL industries in recent years. Furthermore, it successfully attracted leading firms in every industry, including LED Linear high bay light and Suntech Power Holding (STP) which are key players in the solar power industry. Also, as for the smart grid area, the Smart Grid Demonstration Park is run in this development zone.

In addition, the Ministry of Science and Technology (MOST) regarded Yangzhou as one of the development bases for SSL industry in 2007. Currently, various LED enterprises have invested in Yangzhou, including FOREPI, Neo-Neon, Edison Opto, Unity Opto, Wooree, SFT Lighting, amongst others. Furthermore, it has become a complete supply chain from sapphire substrate, Epi wafer, packaging, to monitor backlight and lighting application.

In addition, Yangzhou Municipal Government initially provided the subsidy of RMB 10 million per set of MOCVD equipment. In particular, the difference between Yangzhou Municipal Government and other local governments is the subsidy is granted in cash, while other local governments offer a tax reduction as the subsidy. For example, 50% of subsidy is offered after led high bay light equipment installation, 30% of subsidy is given during the trial period, and a final 20% of subsidy is provided at the testing phase of mass production. Therefore, the subsidy successfully attracted many LED Epi wafer manufacturers to invest in Yangzhou, including FOREPI, Rainbow Optoelectronics Material, Neo-Neon, Long-Yao Opto.