Guzhen town held a signing ceremony on May 16 to sign a batch of key projects, including 4 major investment promotion projects, namely Shenzhen LCF Acoustic and Photoelectronic Intelligent Industrial Park, Zhongke Longxiang LED Industry Production Base, Songwei High-end Lighting Innovation Industrial Park and Dieanfen Underwear Yundie Science and Technology Industrial Park, with a total agreed investment of 2 billion yuan.

Specifically, Shenzhen LCF Technology Co Ltd invested 1 billion yuan to build an acoustic and photoelectric intelligent industrial park in Guzhen Town. The company founded in 2004 and is headquartered in Baoan District, Shenzhen is specialized in the R&D and manufacturing of LED display screens.

The Shenzhen-Zhongshan Bridge will be open to traffic in 2024. According to LCF Technology's strategic plan, the Acoustic and Photoelectronic Industrial Park in Guzhen Town will not only include intelligent production workshops, but also provincial and municipal R&D centers, national-level labs, innovation practice bases for post-doctoral graduates and academician workstations. Upon completion, it can also create more than 1,000 new jobs.

Ten other projects include the JD Lighting Operation Center Guzhen, a joint venture between JD Group and the Guzhen government, and some supply chain financing projects and digital cloud service platforms for thelighting industry.