Thanks to the LED lights to enhance penetration, Li Qing last season and last year revenue highs

LED lamp module manufacturers Liqing technology in December last year, the fourth quarter and full year revenue record high in 2018, due to the traditional car sales season can be extended to the lunar new year, the first quarter is expected to maintain high level of prediction.

Li Qing in the fourth quarter of last year consolidated revenue of 1 billion 394 million yuan (NT, the same below), the annual increase of 14.02%, a new high; the cumulative 2017 consolidated revenue amounted to 4 billion 95 million yuan, grow 14.41% compared to the same period in 2016, also hit a new record high.

Li Qing said that the benefit of LED lamp to enhance penetration, and to enter the mainland car of the traditional sales season, stimulate the mainland whole new car sales increase, driven by major customers include automotive Li Qing Shanghai Koito, the Great Wall and Da Maowei to the stocking strength continued warming.

Li Qing further said that in the car factory will accelerate the brand new models into LED light penetration continued to improve a clear trend, the main customers of Shanghai Koito in 2017 the proportion of revenues from 25% in 2016 to rise to 32% that create Liqing sales environment and growth performance of LED lamp module good, Li Qing also continue to the adjustment of product structure, investment company overall operation to maintain good growth momentum.

In the first quarter of 2018, Li Qing pointed out that benefit from the mainland government to relieve the increasingly serious environmental pollution problems, has recently given respectively according to the brand car factory of new energy vehicle research and development incentives, subsidies for the construction of charging facilities and consumer Car Buying extended to 2020 exempt from purchase tax and other preferential policies, accelerate the car brand new car factory in new application the concept of energy, fuel efficiency, such as intelligent technology research and development process, because the LED lamp has lightweight, energy saving and carbon reduction, high visibility and driving safety and other characteristics, is the trend of the automobile industry research center imported products, with LED lights (including daytime running lights, tail lights, headlights) continued enhance the penetration, will help to Liqing order visibility and capacity utilization rate.

Source: wealth news

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