MacoLEDs LED spotlight series is now officially listed as one of the new projects under China’s Torch Program.
The LED Fresnels and Profiles of MacoLEDs series were chosen as the Program’s demonstration project that commercialise patented technologies. Currently, MACOSTAR owns 10 design patents in the LED spotlight series. A project certificate (No: 2014GH051140) has been awarded to MACOSTAR in October 2014 by Torch High Technology Industry Development Center, Ministry of Science & Technology, China.
Initiated in 1988, Torch Program is China’s most important program of high-tech industries. As a guiding program of China, it includes: organizing and carrying out projects of developing high-tech products with high technological standards and good economic benefits in domestic and foreign markets; establishing some high-tech industrial development zones around China; exploring management systems and operation mechanisms suitable for hi-tech industrial development. New product projects listed in the Program are entitled to priority in getting bank loans and to preferential taxation policies over a specified period of time.
