Ruifeng 2015 profit of nearly 33 million 280 thousand, an increase of 40.17%

Ruifeng photoelectric April 16th evening released a summary of the annual report in 2015, the reporting period, the company achieved operating income of 920932219.15 yuan, an increase of 1.55%, net profit of $33276718.94, an increase of 40.17%.

Notice that, in 2015, the company continued to LED lighting and large-size LED backlight LED lighting products, LED sales revenue of 618405968.08 yuan, an increase of 14.03%, in the large size LED backlight sales revenue of 285079774.01 yuan, down -11.11%. Lighting LED and large-size backlight LED together accounted for 98.11% of main business revenue.

In terms of lighting LED: in the further restrictions on the incandescent light environment, although the LED lighting product penetration has improved, but the LED lighting market competition is becoming increasingly fierce, the industry bankruptcy, mergers and acquisitions frequently. In the case of a substantial decline in the price of LED, LED packaging enterprises to accelerate the pace of production, resulting in excess capacity. The situation prompted the Chinese pile up in excess of requirement LED packaging market competition intensified, the price of domestic product packaging enterprises almost cut, the international LED packaging manufacturers of products prices also fell more than 20%.

In the large size LED backlight: 2015, traditional TV manufacturers sales overall downward, while part of large size packaging companies in LED backlight, intensified market competition, the company is stable market share, to take a more proactive strategy should be to let in the fierce market competition.

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