Mao Shuo Power and Hua Pu Yongming sign strategic cooperation agreement; on-site意向order worth 100 million yuan

On March 23, the 7th Session, 2nd Plenary Meeting of the Urban Lighting Professional Committee of the China Municipal Engineering Association and the high-level forum "Urban Renewal: Lighting Powering Together 2023" were held in Shenzhen. Gu Yongde, founder and president of Moshuo Power (002660), Nie Feng, executive vice president and general manager of the LED Division, and others attended the event.

At the same time, Moshuo Power signed a strategic cooperation agreement on-site with Hangzhou Huapu Yongming Optoelectronics Co., Ltd., a leading brand in China's outdoor lighting industry and a supplier of outdoor lighting electrical equipment.

According to the agreement, both parties have reached a strategic cooperation intention order of 100 million yuan for LED drivers in 2023. Subsequently, based on their core strategic partnership, they will establish a joint co-creation working group to jointly connect the upstream and downstream of the LED lighting driver industry chain.

Chen Kai, Chairman of Huapu Yongming, and Gu Yongde, President of Moshuo Power, signed the agreement

At the same time, Moshuo Power held a new product launch event for LED intelligent lighting drivers. During the event, Moshuo Power launched five major strategic new intelligent driver products: X6E, X6E-D, X7A, X7i, and U7 series.

Moshuo Power重磅 Launches Five Strategic New Products

Gu Yongde, President of Moshuo Power, stated that over the past year, Moshuo Power has built a new development pattern around its core business. The new model of mixed ownership between state-owned and private enterprises has injected new vitality into the company's development. In the future, Moshuo Power is willing to collaborate with municipal agencies, industry associations, peers, and other resources to jointly promote urban renewal and development.

Nie Feng, Executive Vice President of Moshuo Power, introduced the company's product development strategy for LED driver / power supply business. He mentioned that with the improvement of LED chip and LED driver / power supply technology, the technical performance and economic cost-effectiveness of LED lighting products are continuously improving; under the background of new infrastructure construction of 5G, smart city construction has driven the development of road lighting, and the market application of street light stock renovation and new projects will be further enhanced; the industrial lighting market shows a significant growth trend, high-power lighting is welcoming new opportunities in professional fields such as professional sports venues, and the LED supporting lighting market has broad development prospects.

茂硕电源LED事业部产品副总经理冯涌波表示，此次发布新品是基于集团发展战略在市场布局举措方面的联动，助力公司“走出去”战略取得更大成就，助推全球化战略稳步发展。未来，茂硕电源将持续聚焦道路照明智能驱动，持续为全球LED道路照明市场提供数字化智能化的智能驱动产品，助推城市照明的持续低碳发展。

Source: Moshuo Power