Rapid changes in the market LED business reform busy

In response to the rapidly changing LED lighting market, in addition to the LED packaging leader Yiguang (2393) adjustment organization, including LED Epistar New Century (3383) also announced the group organization adjustment yesterday (30); from the traditional lighting into the LED The neon lighting (911868) also announced the introduction of LED light source modularization process to enhance the cost advantage.

In the second quarter of this year, the number of outdoor display kanban customers was greatly reduced in the second quarter of this year. In the second quarter, the utilization rate of green LED was less than 60%. Although the blue LED was full, it still caused a loss in the second quarter and the loss after the single season was 242 million yuan. The accumulated net loss for the first half of the year was 378 million yuan, and the loss per share was 1.36 yuan. The new century pointed out that the high-current LEDs launched in the third quarter of this year will be officially used for output, which will help increase profits, and the green LED production capacity will be converted to production of blue light. It is expected to sprint non-standard LED lighting products to avoid the bargain market. Overall, the third quarter revenue and profit will be better than the second quarter performance.

In the new century, the board of directors of the new century decided to promote Xu Shihong, general manager of the company, as the group's chief strategy officer. He will oversee the new Century Epitech plant and its investment subsidiary companies, including the development of the new century intelligence of the lighting system. The original new century executive vice president Chen Zhengze He took over as general manager and was responsible for the production of LED chips. Li Yunli, former vice president of technology, will serve as general manager of the New Century Innovation Business Center and develop customized lighting research and development.

Ning Mingli has announced its financial report that its gross profit margin for the year ended March this year was -53.9%, with an average loss of HK$1.518 per share. However, Zhen Mingli recently announced in Hong Kong that the company has developed a new LED light source modular production process model, which will significantly reduce production costs, and will mass production in the fourth quarter, it is expected that the technology can drive revenue in the coming years and Lee grew; In addition, the company's subsidiary Heshan City Yinyu lighting LED downlights and indoor lighting recently received a finalist for the land-line case, driven by the subject matter, recently Neo-Neon (HK;01868) rose by more than 50% in Hong Kong stocks yesterday. The Taiwan stock's TDR was also attacked on the 2.69 daily limit price.

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