Lianchuang Optoelectronics: standing at the starting point of the main business performance reversal

Positioning red and yellow LEDs, another way. Lianchuang Optoelectronics was founded in June 1999 and listed in March 2001. The company's leading products are LED and optoelectronic cables. In November 2010, the actual controller changed and the company changed from a state-owned enterprise to a private enterprise.

The adjustment of the company's strategy and organizational structure will enhance the company's operational efficiency. After the adjustment of the management, organizational structure and strategy of 2013H2-2014H1, the company's execution capacity and operational efficiency will gradually improve, and the improvement of operational efficiency will be reflected in the company's performance in 2015.

Product upgrades and the emergence of new business scale effects will drive the company's revenue growth and gross margin recovery. Compared with the listed companies in the LED industry, the gross profit margin of the company's optoelectronic business is basically at the bottom. After entering 2015, the scale effect of LED backlight business will promote the improvement of gross profit margin. At the same time, product upgrade will improve profitability.

Entering the high-power infrared LED blue ocean market, the import substitution space is broad. At present, the global LED production capacity is very obvious to the mainland China, but the medium and high power LED market is still dominated by foreign giants. The development trend of the high-power infrared LED market is the same as that of small and medium-sized power LED products, following the industrial transfer path of “US, Japan, Europe, and Taiwan”. The company focuses on red LED technology and has accumulated many years of experience in this field, and based on this, cut into the high-power infrared LED market.