LED lamp plastic parts developer, Yinhao Optoelectronics, new three board listed

The announcement of the National SME Share Transfer System showed that Yinhao Optoelectronics' application for listing was approved and was publicly transferred today with the stock code: 835220.

According to the announcement, the operating income of Yinhao Optoelectronics in 2013, 2014, and January-June 2015 was 5,314,400 yuan, 43.846 million yuan, and 3,863,380 yuan respectively; the net profit was -40,170,500 yuan, -226,230 yuan, and 1,764,300 yuan respectively. yuan.

Yinhao Optoelectronics (Dongguan Yinhao Photoelectric Material Technology Co., Ltd.) was established on August 13, 2009, focusing on the design, development, production, sales and technical services of special plastic parts for LED lighting. Over the years, through the continuous accumulation of its own technology and the grasp of market demand, it has formed a certain market competitiveness.

Through the continuous development of the business, Yinhao Optoelectronics has established cooperative relations with international brands such as Philips and Osram, as well as domestic famous brand enterprises such as NVC, Opus and Foshan Lighting.

However, as the market of LED lighting accessories industry is gradually saturated and competition is intensifying, if the company can not further consolidate and enhance its advantages in product research and development, technological innovation, customer service, etc., the company will face the risk of market share being seized by competitors. Market share may decrease. At the same time, increased market competition will lead to the risk that the overall profitability of the industry may decline.

Yinhao Optoelectronics Co., Ltd. said that the company will continue to increase R&D investment and market development. On the one hand, it will reduce production costs and improve profit margin through technological improvement and innovation; on the one hand, it will actively expand the downstream market of LED lighting, through technological innovation, product innovation and customer service. To enhance the company's competitiveness.

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