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.”