Billion light in August revenue growth of 9% in the future promising car market

Benefit from the lighting market into the season, strong demand, coupled with the new capacity out of the drive, light billion in August revenue reached 2 billion 859 million yuan (NT, the same below, equivalent to approximately RMB 585 million yuan), an increase of 9.4% compared to July revenue hit a record high; before the August total revenue reached 19 billion 390 million yuan (about 3 billion 965 million yuan).

Everlight chairman Ye Yinfu pointed out that with the beginning of the second half of the LED lighting season, 8 revenue highs after next September revenue will hit a monthly high, due to backlight and lighting needs, so billion light revenue in the third quarter than the second quarter is expected to grow again. Billion light current capacity continues to be full, in August revenue will be high, in September revenue will continue to rise, while the new expansion of production capacity in 11, in December.

In addition, billion light vehicle market actively entered, but the proportion of total revenue was less than 5%, but due to the low base, the future proportion of total revenue will be 2 digit development.

On the same day, epitaxial crystal electric faucet also announced in August revenue of about 2 billion 575 million yuan (about 527 million yuan), month minus 7.5%; before August total revenue of 19 billion 727 million yuan (about 4 billion 34 million yuan), the annual increase of 38.15%.

EPISTAR chairman Li Bingjie recently proposed a warning: "the third quarter to adjust the pressure of inventory, single digit revenue may decline, once led to crystal electric price pullback correction, yesterday (9) day share price 59.8 yuan (equivalent to approximately RMB 12.23 yuan, up 0.8 yuan).

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