Taiwan LED lamp factory Li Qing successfully entered the three vertical lights and launched the expansion plan.

LED lighting module factory Li Qing technology pointed out that the successful entry of the three vertical lights and brand car factory certification, is expected to produce operational benefits in the fourth quarter, and in order to meet the order requirements of Wuhan small customers, has also launched the related expansion plan. Li Qing's consolidated revenue in May was 302 million yuan (NTD, the same below). Due to the May May Day holiday, the revenue decreased from last month, but it continued to benefit from the increase of LED lamp permeability, driving the growth of May's revenue over the same period last year. The combined revenue of May May was 1 billion 709 million yuan, up 11% from the same period last year. And record a record high in the same period.

Li Qing said that as the mainland government increasingly attaches importance to the development of energy saving and new energy vehicles, it not only puts forward the "double integral" management mechanism for all brand car factories, but also gives preferential policies to relevant subsidies, speeding up the R & D technology process of brand cars in new vehicle applications, new energy concepts, fuel efficiency lifting, etc., LED lights. It is lightweight, energy saving, carbon reduction, visual visibility and driving safety. It is one of the automotive components products imported by the brand car factory to develop new cars.

According to the latest research report of the LED Research Center (LEDinside), China's new energy vehicle LED lamp market will grow at an annual compound growth rate of 54% from 2017 to 95 million US dollars in 2022, highlighting the huge market opportunities of LED lamps.

Li Qing stressed that according to the past 5 years of historical revenue performance, in the first half of the year, it has been paying 5 consecutive years to maintain its annual growth trend. Especially in the second half of this year, with the entry into the peak season of auto industry, and now there are more than seven LED headlights module products in Liqing City, and it is confident that the revenue performance in the second half of this year will be significantly better than that in the first half year. 。

Source: newsletter Bulletin

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