LED market continued peatlands Lehman net profit increased by 50%

Lehman photoelectric released late October 21st 2014 third quarter report, the company achieved operating income of 313761121.87 yuan, up 34.95% over the previous year, net profit attributable to ordinary shareholders of listed companies was 25130569.82 yuan, up 53.53% over the same period last year; the total assets of 920932612.48 yuan, compared with the final growth of 5.60%, the owner's equity attributable to the listed company's shareholders at the end of for 747096020.22 yuan, than last year growth of 1.60% in the final. Attributable to shareholders of listed companies net assets per share of 5.5753 yuan, an increase of over the previous year, the end of the year of 1.59%.

During the reporting period, the LED market continued heavy volume, capacity utilization increased gradually, the LED industry maintained a rapid growth trend, accompanied by sharply expand the application domain of LED and the permeability, the product price is in rapid decline, in addition, brand, channel competition has intensified, the overall competitive environment of the industry of 2014 more intense. The management of the company in the face of the complex changes in the industry environment, to seize the market opportunities, launched a series of high reliability, high quality LED products, guided by the market, increase the customer development efforts, the full implementation of brand building and the combination of capital operation strategy, while relying on the brand advantage, based on the LED package, LED display, LED lighting business, accurately grasp the rapid development of sports industry policy orientation, actively develop the field of sports media business value, realized from the product supplier to the brand service providers to leapfrog development operators.

In addition, the company said, in 2014, with the LED lighting accelerated penetration, led to the growth of the whole industry chain demand, industry concentration is gradually increased, the expected future LED industry competition will be more intense, decline in unit price of LED products will be a greater extent to stimulate demand growth, LED industry will enter a rapid growth stage.

The company will continue to focus on promoting the development of the company in the LED package, LED display, LED lighting, LED energy, LED media in five major areas, guided by the market, continue to promote innovation and change business model, to further strengthen the market development and market management, stable and major customer business cooperation, at the same time, the company also will continue to integrate resources, the pursuit of win-win development path, the development and operation of business and actively participate in sports media with the football league platform, and gradually realize the effective integration of resources, rapid increase brand awareness and influence, and effectively improve the company's comprehensive competition ability, make great efforts to achieve sustainable growth.

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