Hongli Optoelectronics, which launched equity incentives with high performance standards at the end of last year, released a first-quarter performance forecast on the evening of April 2. The company expects profits in the first quarter to be between 14.52 million and 17.01 million, compared with 8.3 million in the same period last year, a year-on-year increase of 75% to 105%.
Regarding the surge in performance, Hongli Optoelectronics said that in the first quarter, the LED lighting market demand was good, which effectively released the company's production capacity. The company maintained stable growth in its main business.
According to data, Hongli Optoelectronics is the leading white LED packaging company in China and one of the most competitive LED packaging companies in China. The company's main products are LAMP LED, SMD LED, general lighting products and automotive lighting products.
ANNA