Wang Min is one of the founders of LatticePower (Jiangxi) Co., Ltd. and Jiangxi Jinghezhao Co., Ltd. Currently serving as the director and executive vice president of LatticePower (Jiangxi) Co., Ltd., as well as the chairman and president of Jiangxi Jinghe Lighting Co., Ltd; Vice Chairman of Jiangxi Optical Society and Vice Chairman of Nanchang Semiconductor Lighting Industry Technology Innovation Alliance.

Compared with traditional incandescent lamps, LED lighting products have outstanding advantages in energy conservation, green, and environmental protection. It can be said that they are the most valuable green lighting energy today. In terms of power consumption, under the same brightness, LED lamps only consume 1/10 of incandescent lamps. In terms of lifespan, LED lamps can have a lifespan of 30 times that of incandescent lamps. Moreover, LED lamps are environmentally friendly and do not contain harmful substances such as mercury and lead

On November 18th, Wang Min looked forward to the future development prospects of the semiconductor lighting industry in an interview with reporters. He said that the world has entered the "energy-saving era", and countries are actively using LED energy-saving lamps to replace traditional fluorescent lamps through legislation and government guidance. It is expected to be launched nationwide in the next few years, and the demand prospects for LED lighting market are promising.

Disruptive LED lighting technology for mass production

The inexplicable bond between Wang Min and LED lighting can still be traced back to a few years.

In 2000, Jiangxi Changda Optoelectronics Technology Co., Ltd. was jointly established with Nanchang University, dedicated to the research and production of optoelectronic materials.

At that time, I helped Nanchang University purchase a batch of LED equipment and realized that this industry had great development potential. I have been following the technology researched by Teacher Jiang. Wang Min once studied in the Department of Mechanical Engineering at Zhejiang University and worked at the Jiangxi Provincial Department of Foreign Trade after graduation, mainly responsible for technology introduction. Due to work reasons, Wang Min has a special understanding of equipment introduction and has also developed a great interest in technology.

In 2006, Wang Minmin, who has 15 years of experience working in an import and export company, captured that the LED industry will become a sunrise industry with a wide market demand.

That year, LatticePower (Jiangxi) Co., Ltd. was established by introducing foreign venture capital funds. The successfully developed silicon substrate LED technology has fully independent intellectual property rights, and has applied for and obtained more than 160 domestic and foreign invention patents. It has broken the two major technological monopolies of the sapphire substrate route dominated by Japan and the silicon carbide substrate route dominated by the United States, forming the third technology route with the most development potential in the field of gallium nitride LED. It has also been mass-produced as the world's first, paving the way for national independent innovation.

At present,LatticePower can achieve an annual production of 23 billion chips. In 2010, the company's main business revenue exceeded 100 million yuan, with a gross profit margin of nearly 40%. It is expected that the company's operating revenue will exceed 300 million yuan in 2011 and reach 1 billion yuan in 2012.

The company has won the "China LED Technology Innovation Award" for two consecutive years and has been included in the "2010 Global Top 100 Clean Technology" list jointly released by the Global Clean Technology Group and the British Guardian. In 2011, LatticePower was selected as one of the "50 Most Innovative Enterprises in the World".

Becoming a leader in Jiangxi's LED lighting industry

In 2008, Wang Min began to think and prepare for the market positioning of LED downstream products based on the strategic consideration of industrial chain layout. Adhering to the thinking of technology first, we have chosen high-power LED outdoor lighting products with broad market prospects and high technical difficulty as the entry point.

With a deep understanding of the fundamental disciplines of upstream materials, Wang Min founded Jiangxi Jinghe Lighting Co., Ltd. in 2009.

Our country's LED application field is not yet mature. Currently, most of the LED street lights in the market are mainly used on small roads, and our product has been successfully applied on Bayi Avenue (two-way ten lane), setting a precedent

Within less than a year of its establishment, Jinghe Lighting has developed into a leading enterprise in the LED lighting industry in Jiangxi Province. The company's products are not only used on multiple main road sections such as Bayi Avenue, Ziyang Avenue, Yangming Road, Bayi Bridge, and Nanchang Bridge in Nanchang City, but also have many applications on multiple main roads inside and outside the province. The products have been exported to foreign countries.

In September 2010, the company's LED products were shortlisted for the promotion project of high-efficiency lighting products in Jiangxi Province; In November, the company's LED street lights and tunnel lights were shortlisted for the "National Semiconductor Lighting Product Application Demonstration Project" organized by three national ministries (the National Development and Reform Commission, the Ministry of Construction, and the Ministry of Transportation). They were awarded the "Four Guarantees" and ranked first in terms of technical score and third in terms of comprehensive score. This project will bring the company over 60 million yuan in orders in the next year, allowing the company to enter the forefront of domestic LED street light enterprises. In 2010, the company's main business revenue exceeded 20 million yuan, with a gross profit margin of nearly 40%. It is expected that the company's operating revenue will exceed 100 million yuan in 2011 and reach 300 million yuan in 2012.

Let LED lighting enter thousands of households

From LatticePower to Jinghe Lighting, Wang Min has organically integrated the upstream and downstream application industries of LED, forming a complete industrial chain where downstream drives upstream and uses the application market to promote upstream development.

In the process of enterprise operation and development, Wang Min became the first person in Jiangxi Province to successfully introduce internationally renowned venture capital, with a total amount of foreign investment exceeding 1 billion RMB, providing necessary economic support for the rapid development of the LED industry in Jiangxi Province. At the same time, Wang Min attaches great importance to the introduction and cultivation of LED talents. With a superior mechanism, she has introduced a group of excellent LED industrialization talents and professional technical talents with modern management concepts from both domestic and foreign countries. She has also introduced more than ten American scientists and Taiwanese management personnel, and recruited hundreds of outstanding graduating doctoral, master's, and college students from well-known universities and research institutes in China. She has improved the talent pool and formed a systematic LED high, medium, and Low level talent training system.

In addition, Wang Min has always adhered to the development and application of high-quality and high standard LED products, striving to improve the establishment and implementation of LED standards. She has led the drafting of multiple local standards such as LED street lights in Jiangxi Province, greatly enhancing the competitiveness of the LED industry in Jiangxi Province.

LED lighting products need to enter thousands of households, and the process is still very long. At present, firstly, it is necessary to quickly expand the scale and make technological breakthroughs to quickly reduce product costs. Wang Min told reporters that the LED lighting industry in Jiangxi not only needs to be differentiated, exported, and high-end, but also needs to be popularized to ordinary people's homes as soon as possible.

In the future, Wang Min will collaborate with Jinshajiang Venture Capital and several other industry funds to establish an LED industrial park in Nanchang. He plans to build a financing platform, technology sharing platform, achievement transformation platform, and professional service platform for LED related enterprises in the next 5 years, and comprehensively build an excellent environment for the rapid growth of the LED industry, in order to promote the leapfrog development of Jiangxi's LED industry. China Jiangxi Network November 28th Nanchang Special News

Editor: Xiong Ying