Hongli Optoelectronics' performance last year, brilliant lighting project became a new bright spot

[High-tech LED reporter Zhao Hui] Although the scale of production capacity is not the largest in the LED packaging industry, the 2013 annual performance report disclosed by Hongli Optoelectronics (300219), a member of the G20-LED Summit , shows that Hongli Optoelectronics has gradually become the most profitable in the industry. One of the strong companies.

According to the performance report, in 2013, the company's total operating income reached 736 million yuan, an increase of 38.79%; the net profit attributable to shareholders of listed companies increased by 24.56% year-on-year to reach 58.789 million yuan.

“The demand for LED lighting market was strong last year. The capacity utilization rate of the company is approaching saturation, and the packaging and lighting business has maintained rapid growth.” Hongli Optoelectronics Dongshou Deng Shoutie told the “High-tech LED” reporter that the company won the bid for the LED lighting project performance. Gradually appearing, played an important role in the growth of performance.

Since last year, LED outdoor lighting project has become a new performance growth highlight of Hongli Optoelectronics.

On the evening of March 26 after the announcement of the above performance report, Hongli Optoelectronics announced that the company’s wholly-owned subsidiary, Guangzhou Zhongying Gongyuan Energy Saving Technology Co., Ltd. and Guangzhou Huadu District Power Supply Bureau Street Lamp Management Office signed "Guangzhou Huadu District municipal road LED lighting energy-saving renovation EMC model procurement contract."

The construction period of the contract project is 50 days, and the energy-saving benefit sharing period is 72 months. It is estimated that the company's energy-saving service revenue accumulated in the energy-saving benefit sharing period of 72 months is about 5,702,200 yuan.

This is already Hongli Optoelectronics won the bid for the public green lighting LED street lamp renovation procurement and related services (two bidding sections) and the sixth section and the seventh section of the “Guangzhou downtown urban streetlight energy-saving renovation service project”. Large list of public lighting renovation projects.

Hongli Optoelectronics won the bid in Guangdong Province in one year: 10,000 yuan

Time of winning project name Bid amount current progress
2013.1 Zhuhai Public Green Lighting LED Street Light Reconstruction Procurement and Related Services (Second Section) 4293.31 Completed
2013.11 “Guangzhou downtown urban streetlight energy-saving renovation service project” Sixth and seventh tenders 9337.37 Contract signed
2014.3 Guangzhou Huadu District municipal road LED lighting energy-saving renovation EMC model procurement 5702.22 Contract signed
total amount 19,332.90 million yuan


After several years of development, LED street lights have been recognized in the domestic market. On the one hand, thanks to the government's vigorous promotion and support, the installation of LED street lights continued to grow rapidly in 2013. On the other hand, with the growth of demand for foreign street lamps, the export volume of LED street lamps is also growing rapidly.

According to statistics from the High-tech LED Industry Research Institute, in 2013, China's LED street lamps shipped more than 2.2 million baht, a year-on-year growth rate of more than 60%. With the further advancement of the national LED lighting policy and the increase in overseas export demand, outdoor LED lighting will maintain rapid growth in the next few years.

Deng Shoutie said that Hongli Optoelectronics, as a leading white LED packaging company in China, has been increasing its R&D and investment in lighting applications in recent years. In recent years, Hongli has won several projects, regardless of product quality and price advantage. It is also the embodiment of the company's comprehensive strength in terms of after-sales and so on.

Hongli Optoelectronics has successfully expanded its business into three major areas: packaging, general lighting, and automotive lighting.

"The current production capacity of LED packaging products is around 800 KK / month. In 2014, the company will expand capacity according to the original expansion plan and market conditions." Deng Shou Tie said that in general lighting, the subsidiary Ledia in 2013 In the year, the channel development efforts were strengthened. More than ten stores in more than ten provinces and cities nationwide have been developed, and about 100 dealers have been developed.

As a high-margin product, automotive lighting is naturally the key development area of ​​Hongli Optoelectronics.

Last year, Hongli Optoelectronics achieved a 100% shareholding with a remaining 38% stake in its own funds of 31.176 million yuan. The acquisition indicates that Hongli Optoelectronics will increase its investment in the future and expand the LED automotive lighting industry. Since LED car lighting gross margin is much higher than LED general lighting, Hongli Optoelectronics hopes that LED car lighting can become a new profit growth point for the company.

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