LED+ M&A boosts Hongli Optoelectronics' net profit double

[Text / high-tech LED Yue Mengdi] "The Indian market has begun to rise," the responsible person of Hongli Optoelectronics (300219.SZ) told Gaogong LED, "this is also a starting point for a long time in this market."

Hongli Optoelectronics is a heavyweight enterprise in China's LED packaging. The company's third-quarter results announcement on the evening of October 12th shows that the first three quarters of 2015 are expected to achieve a net profit of 960.093 million yuan - 107 million yuan, an increase of 75 over the same period of the previous year. % - 95%. "Package aircraft carrier" is not a name.

The main reason for the announcement of the surge in net profit is that “the company has maintained sustained and steady growth in its main business and increased its contribution to the acquisition of subsidiaries’ accounting entities.”

There is no doubt that LED packaging is the main business of Hongli Optoelectronics. In 2014, its white light package was rated as “the first in China” by the High-tech Research Institute LED Research Institute. Hongli Optoelectronics has never stopped researching and developing LED packaging technology. Recently, it officially launched the automotive-specific LED light source ceramic series C5050 packaged products. Looking ahead, it launched a flip-chip COB, and plans to increase the production of SMD by 700 million yuan.

Since the beginning of this year, many domestic LED packaging companies have begun to rapidly expand their production capacity. Hongli Optoelectronics is no exception. It invested 1 billion yuan to build LED industry base in Nanchang, Jiangxi, and vigorously promoted COB. At present, there are 4 fully automatic production lines. The number will be expanded to eight, and the monthly production efficiency of each production line can reach 600K.

In addition to the continuous growth of the main business, the outsourcing is also the growth point of Hongli Optoelectronics' performance.

In the first half of 2015, Hongli Optoelectronics' Liangyou Hardware, Smect, Fo Da Signal, Lai Di Lighting, and Zhongying Gongyuan, together, contributed a total profit of 44.683 million yuan to the parent company. The tentacles of the "encapsulated aircraft carrier" are extended to the field of Internet of Vehicles, Internet finance and other new areas, and become the leader in leading "LED+".

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