Industry situation is good, LED lighting companies are eye-catching in the middle of the year

With the strengthening of China's energy-saving and emission reduction awareness, the lighting industry has entered a comprehensive era of LED replacement, and the penetration rate of LED lighting has steadily increased. In the first half of 2016, China's lighting industry has completed its main business income of 213.273 billion yuan, a year-on-year increase of 5.78%. In June, the main business income was 42.358 billion yuan, a year-on-year increase of 3.41%. The performance was very eye-catching. The 2016 main lighting business revenue of the national lighting industry and the comparison of the main business income of the national lighting industry for three consecutive years in 2016, it can be seen that the lighting industry in China has started to improve since 2016, and recently listed LED listed companies. In the semi-annual report, over 70% of enterprises have double growth in revenue and profit, which undoubtedly provides the most direct data proof for this. The industry situation is improving, the net profit is strong. According to statistics (as of August 26), the listed semi-annual report of the listed companies in the lighting, Maoshuo Power, Wanrun Technology, Weiwei, Alto Electronics, Qinshang Optoelectronics, Ocean Eight companies in Wang Lighting, Huacan Optoelectronics and Foshan Lighting achieved a year-on-year increase in net profit of more than 100% in the first half of 2016. As of August 26, a total of 8 LED listed companies reported a net profit of more than 100% in the first half of 2016. Among them, the net profit of Weiwei and Alto Electronics increased by 1966.43% and 1667.77% respectively. Wei Wei said that the company's main business income has increased significantly compared with the same period of last year, mainly due to the newly added PV power plant EPC project revenue and photovoltaic power generation business revenue after Huayuan New Energy consolidated. In addition, the revenue of LED lighting has also increased compared with the same period of last year. The company has optimized and adjusted the existing LED business, highlighted the advantageous business, and strengthened the steady improvement of the LED lawn lamp business and LED lighting business in the North American market. Alto Electronics said that in the first half of the year, a number of new products were launched to meet the needs of market customers. New technologies were used in the design of new products to enhance the competitiveness of the company's products in the market. In the product design and production, new materials were used, the design scheme was optimized, the cost control of key materials was strengthened, and the material cost of the products was effectively reduced. The production capacity was effectively released in the first half of the year, and the manufacturing cost decreased rapidly.

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