Aixtron Cooperates with Minsheng Financial Leasing on Chinese MOCVD Equipment Market

Aixtron SE has signed a strategic alliance with Minsheng Financial Leasing (MSFL) , one of China’s main non-banking financial institutions on joint marketing of leasing MOCVD equipment to customers across China

The Memorandum of Understanding are signed by Feng Wang, CPO, President of Finance Leases SBU MSFL, and Wolfgang Breme , CFO Aixtron, at a ceremony held at MSFL’s headquarters in Beijing.

“This exciting strategic cooperation will enable LED manufacturers to draw upon the most appropriate financing opportunities for the acquisition of key-enabling MOCVD equipment,” commented Rong Wang, CFO of MSFL. “Due to temporary restrictions in China in the availability of financing, this news is expected to be received very positively.”

“The leasing of MOCVD equipment in China is a relatively new concept, and we are confident that this initiative will be widely appreciated by LED manufacturers,” added Wolfgang Breme. “This cooperation, with one of Asia's largest and fastest growing leasing companies, is significant for us because it enhances our customers’ financial flexibility.”

“Aixtron’s role and commitment to China is to deliver the essential key-enabling technology, that the emerging LED lighting market needs, taking full advantage of Aixtron’s technology and embedded expertise,” Paul Hyland, President and Chief Executive Officer at Aixtron, commented. “Our joint goal with Minsheng is to facilitate the most appropriate financial instruments to support Chinese manufacturers as they strive to become global players in this exciting new market.”

Disclaimers of Warranties
1. The website does not warrant the following:
1.1 The services from the website meets your requirement;
1.2 The accuracy, completeness, or timeliness of the service;
1.3 The accuracy, reliability of conclusions drawn from using the service;
1.4 The accuracy, completeness, or timeliness, or security of any information that you download from the website
2. The services provided by the website is intended for your reference only. The website shall be not be responsible for investment decisions, damages, or other losses resulting from use of the website or the information contained therein<
Proprietary Rights
You may not reproduce, modify, create derivative works from, display, perform, publish, distribute, disseminate, broadcast or circulate to any third party, any materials contained on the services without the express prior written consent of the website or its legal owner.

Tokushima, Japan - 6 March 2024: Nichia, the world's largest LED manufacturer and inventor of the high-brightness blue and white LED, has started mass production of the new UV-B (308nm) and UV-A (330nm) LEDs in its popular 434 Series packa... READ MORE

New XLamp® S Line LEDs enhance growth, last longer, lower energy costs Horticulture and other forms of agricultural lighting require application-tuned ratios of spectral content, high efficacy and long lifetimes. Whether you are interested... READ MORE