LED lighting company Yufu Lighting’s application for listing on the New Third Board has been accepted

Recently, Shenzhen Yufu Lighting Co., Ltd. disclosed a public transfer statement. The company's New Third Board listing materials have been accepted. The total number of shares to be listed is 30 million shares. It plans to be listed on the New Third Board innovation layer. The sponsoring securities firm is China Merchants Securities.

Yufu Lighting is a national high-tech enterprise focusing on R&D, design, production and sales of LED lighting products. It is also one of the fifth batch of national-level "specialized, special and innovative" small giant enterprises. The company's products are mainly used in industrial lighting, commercial lighting and special lighting, and its sales areas cover developed markets such as North America, Europe, and Oceania.

Yufu Lighting implements the "key customer" strategy and provides customers with complete LED lighting solutions through the ODM model. Its main customers include international brands and building materials retailers such as Home Depot, Schrader, and Signify.

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In 2024, Yufu Lighting achieved operating income of 524 million yuan, a year-on-year increase of 6.72%; net profit attributable to the parent company was 91 million yuan, a year-on-year increase of 14.19%. In addition, in 2023 and 2024, the company will invest a total of 54.7347 million yuan in R&D, and the R&D results have been widely used in major products.

It is worth noting that Easystar, another LED lighting company, has also recently applied to be listed on the New Third Board. The company was founded in 2010 and focuses on the automotive lighting aftermarket. Its products cover LED headlights, signal lights, auxiliary lamps, etc., which are suitable for many types of vehicles. Its sales cover the Americas, Asia, Europe and Oceania.

Easystar has established ODM cooperative relationships with international auto parts brands such as PHILIPS, NARVA, PIAA, AUXITO, and NOVSIGHT. In the first three quarters of 2024, the company achieved operating income of 281 million yuan and net profit attributable to the parent company of 52.28 million yuan. (Compiled by LEDinside)

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