On December 4, Hongli Optoelectronics stated in the "Investor Relations Activity Record Form" disclosed that the gross profit margin of the company's LED packaging products in 2014 was relatively stable without significant fluctuations, and it is optimistic that the LED market will continue to maintain an upward trend next year.
At the same time, it was also stated that the company's current procurement of medium and small power chips is mainly domestic, while high power chips are mainly imported. The main domestic suppliers include Sanan Optoelectronics, Dehao Runda, Huacan Optoelectronics, Zhongke, Tongfang, etc.
According to the "Investor Relations Activity Record Form", the subsidiary Foda Signal is mainly responsible for the LED automotive lighting business. It is currently mainly exploring the foreign aftermarket. It will also increase the development of domestic and foreign markets and expand its foreign market share. At the same time, it will actively explore the domestic vehicle supporting market. Strengthen OEM/ODM cooperation with major international manufacturers and expand the scale of LED automotive lighting business.
Hongli Optoelectronics, through its wholly-owned subsidiary Jiangxi Hongli, is responsible for the 300 acres of land use rights, factory construction and production and sales of some LED products in the first phase of the Nanchang project in Jiangxi. The first phase of the project will construct 100,000 square meters. The construction period is expected to be 15 months. It is currently in the planning and design stage. After the project is fully completed, the annual production capacity of LED devices will be approximately 16,200KK (the estimated production capacity is represented by 3014 single cores), the annual LED application production capacity is approximately 90 million PCS (the estimated production capacity is represented by LED bulbs), and the total average annual output value is RMB 1.584 billion.
As the price of LED products drops, lighting demand rises and product penetration increases. Although the price drop affects the profitability of enterprises in the short term, it is beneficial to the long-term sustainable development of enterprises and the development of the industry.
PREVIOUS：Analysis of incoming material inspection technology for LED packaging factories to prevent defective chips from being stored in warehouses
NEXT：Wan Chuiming: Development and trends of chip-scale packaging technology
RELATED NEWS
- Interpretation: What impact will the National Development and Reform Commission' 2026-05-26
- One LED packaging factory shuts down its LED backlight production line and sells 2026-05-26
- Liard leads landscape lighting equipment alliance standards formation committee 2026-05-26
- LED industry is improving, Hongli Optoelectronics Q1 net profit surges 75%-105% 2026-05-26
- LED TV growth sluggish Ruifeng Optoelectronics predicts first-quarter profit dec 2026-05-26
CATEGORIES
LATEST NEWS
CONTACT US
Contact: Mack
Phone: +8613352972563
E-mail: mack@archled.net
Add: Building A2, Mingjinhai Second Industrial Zone, Shiyan Street, Baoan, Shenzhen,Guangdong,China
ANNA