Longda chairman Su Fengzheng said that with the LED industry boom reaching its trough in January 2012, the utilization rate has gradually returned to 80% in the second quarter, and with the third quarter entering the peak of the industrial peak season, It is estimated that it will reach 90% in the third quarter and it is certain that this quarter's performance will be achieved.
Su Fengzheng said that the penetration rate of LED backlight sources is expected to increase from 40% to 70% in 2012. From the perspective of industry demand trends, the first quarter and second quarter will gradually increase from the bottom to the third quarter and will reach the peak season. The peak, about to slow down again in the fourth quarter, and according to the backlight accounted for 60% of Londa's revenue, the company will also develop in accordance with this trend this year, for the performance of the third quarter is certain.
Londa's other development focuses on LED lighting. Su Fengzheng pointed out that LED bulbs have recently entered a price war, and Ronda has won a cost competitive advantage through a one-stop integrated upstream and downstream operation, so it will definitely not be in this Absent from the battlefield, the company’s largest business is currently doing OEM work for international companies. This year it is actively developing lighting fixtures customers around the country. Although it shouted 50% of its revenue at the beginning of this year, it still has strong panel demand. It is estimated that LED lighting will account for 40% of revenue this year.
From the perspective of shipping areas, Su Fengzheng said that the 311 earthquake has had a great impact on Japan, and that nearly 50 nuclear power plants have ceased operation this year. As a result, Japan’s energy-saving awareness is rising, and the demand for LED lighting is still large this year. Japan accounts for about 30 to 50% of Lunda's LED lighting shipments, which is 20 to 25% in Europe and about 20% in Asia Pacific (including Singapore and the Philippines). Instead, the United States has only a few factors such as a depressed real estate economy and a small number of new housing completions. About 10% of shipments.
Su Feng is emphasizing that the decline in LED lighting's share of revenue does not mean that the business is in recession, but that backlighting and lighting are growing at the same time. Therefore, it is very certain for Londa's future performance, at least in the third quarter. Since the beginning of this year, Londa’s monthly revenue has grown month by month. At present, cumulative revenue from January to May reached 3.784 billion yuan, with an annual growth rate of 14.93%.
Su Fengzheng said that the penetration rate of LED backlight sources is expected to increase from 40% to 70% in 2012. From the perspective of industry demand trends, the first quarter and second quarter will gradually increase from the bottom to the third quarter and will reach the peak season. The peak, about to slow down again in the fourth quarter, and according to the backlight accounted for 60% of Londa's revenue, the company will also develop in accordance with this trend this year, for the performance of the third quarter is certain.
Londa's other development focuses on LED lighting. Su Fengzheng pointed out that LED bulbs have recently entered a price war, and Ronda has won a cost competitive advantage through a one-stop integrated upstream and downstream operation, so it will definitely not be in this Absent from the battlefield, the company’s largest business is currently doing OEM work for international companies. This year it is actively developing lighting fixtures customers around the country. Although it shouted 50% of its revenue at the beginning of this year, it still has strong panel demand. It is estimated that LED lighting will account for 40% of revenue this year.
From the perspective of shipping areas, Su Fengzheng said that the 311 earthquake has had a great impact on Japan, and that nearly 50 nuclear power plants have ceased operation this year. As a result, Japan’s energy-saving awareness is rising, and the demand for LED lighting is still large this year. Japan accounts for about 30 to 50% of Lunda's LED lighting shipments, which is 20 to 25% in Europe and about 20% in Asia Pacific (including Singapore and the Philippines). Instead, the United States has only a few factors such as a depressed real estate economy and a small number of new housing completions. About 10% of shipments.
Su Feng is emphasizing that the decline in LED lighting's share of revenue does not mean that the business is in recession, but that backlighting and lighting are growing at the same time. Therefore, it is very certain for Londa's future performance, at least in the third quarter. Since the beginning of this year, Londa’s monthly revenue has grown month by month. At present, cumulative revenue from January to May reached 3.784 billion yuan, with an annual growth rate of 14.93%.
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