Yiguang added new US LED lighting orders Q2 operation to see Yang
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Listed company Everlight added new orders for international lighting brands this year, and product shipments will be scaled up quarter by quarter. With the increase in lighting shipments, it is expected to get rid of the global backlight structure changes. The legal person pointed out that the high dispersion of the structure of the Everlight backlight business, coupled with the stable backlighting of mobile phones and flash orders, will help to offset the slowdown in demand for TV backlights. In the March revenue of the company, the company's operation in the second quarter will be expected to rise significantly in the second quarter of the year after the demand for TV backlights will not fall further and the battalion will recover. The company will develop with brand and OEM arrows and expand its operation through M&A lighting brands. The company is optimistic that the growth rate of LED lighting demand in emerging markets in Asia will be higher than that in mature markets such as Europe, America and Japan in the next two to three years. In response to the new demand in the Asian market, the company actively plans to start production expansion. Yiguang will further use the advantages of operation and control to reduce production costs and expand production scale to further strive for lighting orders. Yiguang can maintain a high gross profit of about 25 while the terminal price continues to slip. That is to say, because of the enhanced design capability and machine component integration capability of Yiguang, the process control and cost reduction capability have enabled Yiguang to continue to replace work orders in the era of low profit. Yiguang currently has a total packaging capacity of 4.1 billion units per month. The company expects to expand its production capacity by 1 billion units in the first phase. Yiguang plans to expand its production capacity by maintaining a competitive position for the packaging leader for five years. The legal person pointed out that Yiguang is standing firm. It is necessary to invest in capacity expansion in the global packaging position, but the profit margin of general backlight and low-power products will tend to be small, and the mainland LED packaging factory is actively grabbing orders in recent years. In the expansion of production, Yiguang must invest in optimizing the production capacity structure and upgrading the production line. The efficiency and production of LED displays with smaller spacing will help Yiguang's gross margin to maintain a high standard.