Chau Ming Technology LED lighting revenue is expected to double this year

Zhou Ming Technology (300232.SZ) said recently that the company's LED lighting business revenue is expected to reach 250 million yuan this year, doubling compared with the same period last year, of which foreign trade sales are expected to reach 160 million yuan; while domestic O2O sales.

Zhou Ming Technology said that at present, the company's LED lighting is dominated by single sales, LED lighting monthly production capacity is close to full production, and will contribute more than 20 million monthly sales revenue. This year, the company will speed up the domestic O2O layout. In addition to the Hanyuan e-commerce channel, the company's cooperation with Nanwang Energy is still under negotiation.

Since August 2013, Chau Ming Technology has invested in Hanyuan to fully promote and operate the O2O model of the LED lighting industry. At the end of 2013, the company signed a cooperation agreement with Nanwang Energy to become a partner of Nandu Energy Saving Service Network to realize the family LED green. One-stop service for lighting renovation. In addition, the company is actively engaged in LED lighting overseas business, the company's products have been stationed in homedepot and other large supermarkets.

The company's 2013 annual report disclosed that the company's main business is LED display, LED lighting, LED lights. The operating income of LED display was 605 million yuan, up 15.57% year-on-year; the operating income of LED lighting was 142 million yuan, up 146.62% year-on-year; the operating income of LED lamp (referring to package) was 18.5416 million yuan, up 266.6% year-on-year. It can be seen that with the rapid expansion of the company in the field of LED lighting, the company's LED lighting business has gradually contributed more revenue to the company.

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