European and American lighting demand Wang Dongbei's April revenue hit a record high

Dongbei|revenue|LED lighting benefited from the strong demand for lighting in Europe and America. The consolidated revenue in April was 936 million yuan (NTT, the same below, about RMB190 million), which was 8% more than in March, setting a single month history. Xingao, Dongbei said that from the current orders, the proportion of lighting products in the second quarter is expected to exceed 50%.

The order volume of Dongbei Lighting products continued to increase substantially, and the shipment of high-end smart phone backlight products increased, driving the consolidated revenue in April to 936 million yuan, up 8% from March's revenue and growing 17 months compared with the same month last year. %; consolidated revenue from January to April was 3.277 billion yuan (about 664 million yuan), a year-on-year increase of 20.7%.

Dongbei said that in the past few years, the LED industry will only see the peak season in the third quarter, but due to the rapid increase in LED lighting applications, especially in Europe and the United States, the demand for lighting is booming, so that the LED season will come early, which will also drive the second season of Dongbei lighting products. The goods continued to climb, and the visibility of lighting orders exceeded expectations. It is estimated that the second quarter revenue will grow by more than double digits.

Dongbei is fully expanding its overseas markets such as Europe and the United States. In addition to actively developing its own patented technology, it also develops innovative structures to reduce production costs and breaks the blockade of international patents. The proportion of lighting revenue in the first quarter has surpassed TV backlighting. The proportion of quarterly lighting revenue will exceed 50%. Dongbei also expects to launch new architecture and cost-effective bulb products in the third quarter, which will further increase the global LED lighting penetration rate.

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