Huaxing Guangdong to build a new factory independent LED packaging products business

Huaxing recent internal planning organization adjustment, the future is expected to cut the finished product assembly business independently. The new company's business will include the recent acquisition of low temperature lighting, commercial and special lighting, as well as the active development of transportation lighting, etc.. Currently in Guangdong City, Zhaoqing city near the plant to build a new plant - Li Li Electronics, is expected to be completed by the end of this year, put into operation in February next year.

The main products include Huaxing, Lamp revenue accounted for approximately 30% of the proportion of revenues accounted for 20%-25%, SMD, Display revenue accounted for 10%-15%, product assembly business includes light bar, small size and other industrial applications in total revenue accounted for about 35%. Low temperature refrigerator lighting LED lamps in recent years with single news, as well as the service industry from the special application of LED lighting orders, the main business projects are classified in the finished product assembly.

Huaxing has been the main production capacity in Guangdong Province, the plant was established (Li Li Electronics), the current paid in capital of about 452 million yuan, in 2006 has been turned into a loss so far. Taiwan new headquarters and a small number of production lines, is responsible for the development and trial production. However, in order to carry out the restructuring of the organization, Huaxing formal assembly of the finished product business, and the company LED packaging products business to be cut, and has been in Zhaoqing city near the factory, to start building a new plant (Li Yao electronics). Expected to be completed by the end of this year, put into operation in February next year. Currently invested about about 30000000 yuan, the future will be re investment demand.

Source: Lean news