Hongli Optoelectronics' new profit growth point is strong in the global market
Among them, the sales revenue of foreign markets was 358 million yuan, an increase of 20.28% over the same period of the previous year, and the gross profit margin was 39.12%.
"As the domestic market tends to become saturated, domestic LED packaging companies must go out to expand the global market. Only in this way can we find new growth poles and profit growth points in the industry." Wang Gaoyang said.
"At present, our export products are mainly concentrated in the indoor commercial lighting field. The downlights, panel lights and bulb light sources are all involved, and the proportion of light source sales has also risen to 15%." Wang Gaoyang mentioned.
With the implementation of the national “Belt and Road†strategy, Chinese LED packaging companies have gone out and have more strategic aspects, embracing the level of the international market and reaching a new height, allowing the international community to re-recognize China and shape China's LED packaging. The main position of the enterprise.
"But at the same time, we must also face the risks. The road to internationalization of LED packaging companies in China is not smooth. Before cutting into the international market, we must consider all aspects of disadvantages, such as politics, religion, history, culture, etc., and should also enhance Awareness of intellectual property protection, increased awareness of non-tariff trade barriers, and prevention and protection of the global market will become necessary means," Wang Gaoyang said.
On June 9th, Guangzhou Pazhou, Shangri-La, Gaogong LED will hold the 2016 (fourteenth) high-tech LED industry summit forum. At that time, Hongli Optoelectronics will also come to the site to share with you the insights on LED globalization. LED also invites your participation and support, China LED packaging companies to grow globally, look forward to your participation!
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