Op Lighting's main business is stable, and its products are concentrated in LED general lighting. At present, the company's products are mainly in four categories, including home lighting, light sources, commercial lighting, lighting control and other products. In recent years, the company's operating income has maintained steady growth. In 2015, the company achieved operating income of 4.469 billion yuan, a year-on-year increase of 16.28%, and the net profit attributable to the parent company was 436 million yuan, a year-on-year increase of 48.66%;
LED lighting has broad prospects and will be further popular in the future. LED downstream applications are divided into general lighting, landscape lighting, backlight applications, display, automotive lighting, and signal light indicators. At present, in China's LED downstream applications, the general lighting scale accounts for the highest proportion of LED applications, and the growth rate is fast. In 2009, general lighting accounted for only 13%, and in 2014, the ratio reached 41%. The penetration rate of LED general lighting has also increased from 1.5% in 2009 to 27.2% in 2015. In addition, the increase in energy-saving demand, cost reduction and urbanization rate have broadened the domestic LED lighting industry market. In the future, LED lighting has a tendency to be energy efficient, intelligent, personalized and customized.
The company has obvious competitive advantages and its net profit margin is higher than that of its competitors. In terms of traditional channels, the company has continuously strengthened its channels to sink into third- and fourth-tier cities and townships. On the other hand, the company has strengthened its overseas layout companies and strengthened online channel construction. The company's 2015 operating income ranked first among domestic brand competitors, and its net interest rate was higher than other companies;
Use of investment funds. The funds raised by the company will be used for three projects of green lighting production, lighting R&D center construction, exhibition center and marketing network construction, and increase LED lighting production capacity and network channel construction.
Led Coaster, Led Light Up Music Coaster, Flashing Led Coaster
AST Industry Co.,LTD , https://www.astsoundchip.com