Lead a huge potential market small spacing LED or is now taking off

According to Sina Finance reported recently, Riyadh dongmi Li Nannan interview with reporters. Li Nannan said in an interview, Riyadh brand and sales ability recognized by consumers in the LED industry, the top three is no problem. Li Nannan said that the four wheel drive strategy Riyadh will be fusion in 2015, which could take off adrian.

The following is an interview with Li Nannan:

Reporter: Riyadh LED as the industry leader in the group, can not talk about the current situation of LED industry and some of its future development trend?

Li Nannan: in fact, if the LED industry, the industry is relatively large, because it involves the LED lighting, LED upstream package, or LED applications. LED should be a very good company in the field of application. Application can be divided into two, one is LED lighting, a piece of LED display. In fact, from Riyadh has been 95 years since the founding of the LED display. 2012 after we went on the market, with the capital market this platform, we put the entire scope of the business from the display and span to LED lighting, but also our entire planning in a very important part of it. Therefore, the future of LED lighting and LED display in this area should have a lot of market space. Especially the two years should be in the LED display in Riyadh has made a great innovation, because in 2012 we successfully introduced to the market value of our TV, Riyadh from just listed 1 billion to now there should be 16 billion, this year is a bull market, but we have risen and not many, we only doubled. By the end of last year we had reached nearly 8 billion. That is to say the impact of this year's bull market, we are from 1 billion to 8 billion, is indeed due to LED small spacing TV products, making our market has a lot of space.

We are also very optimistic about the future of the market. In fact, this product has led the LED to show the potential of a huge market in this field, a hundred billion market. Therefore, it is also a focus of our enterprise development. Inside this area, Riyadh is a leader, whether it is technology and products, including the brand and the market, so it is. We can even say that this product Riyadh in the world are concerned. Because we start from the domestic market slowly understand. After the government constantly concerned, until now the world are in fact on Riyadh products. In addition to Lyad do, the industry do show are doing, including the global display of the giants, such as the original to do DLP, or do LCD, as well as doing the projection of the company, are concerned about the market of this product. We dug up a huge market, or we created a huge market. Riyadh future is certainly a very large space for business growth.

Reporter: speaking of Riyadh is mainly in the LED display this piece done very successfully. We would like to go to the LED or some other industries to do some transformation?

Li Nannan: transition is not enough, because we have done more focus on the field of LED. In early 2014, positioning the company for at least three to five years into 4 business segments, one is LED, including two LED, small spacing TV, is one of our plates. Another display plate is a conventional display. Lyad from 95 years has been set up as a LED display screen, you may live more familiar as the 08 Olympic scroll, 60 anniversary of the Tiananmen square in Daqing when, are made by Lyad. Even a lot of high-end places in the world, including American racing in the Guinness record screen is composed of Riyadh do. The traditional fields, Riyadh brand and sales ability and we are very concerned, but we think in the field row to the top three are no problem.

Second piece of business is the future of space is very large small spacing tv.

The third piece of business is LED lighting, is an integral part of the LED application. So, in 2014, we acquired the JINDA lighting, which belongs to the field of LED lighting. In the future, there will be a lot of space in the field of LED lighting.

The fourth plate, we completed last year through the acquisition, LED's style of education and media sector, we successfully acquired two cultural enterprises last year, we call this the "four wheel drive" model. Four wheel drive in 2014 has successfully completed the four wheels, and we hope that the four wheels can be merged in 2015 together. We are not just a running car, may really be the Riyadh fly.

Reporter: I heard you say so much, leyard company future will continue to do in the field of LED, made more powerful.

Li Nannan: yeah.

Reporter: what are the future layout of our company? What about mergers and acquisitions?

Li Nannan: we listed from 2012, to give their own strategy is endogenous and epitaxial two legs together. Needless to say, the traditional display as well as our own research and development of small spacing TV, is a very good product of the market space, but also in the past two years so that the proportion of our revenue in the gradual improvement of the product. Extension we have been doing, in 2014 we have our own investment. Listed in 2013 full year we made a purchase with cash, then bought an Internet Yida company, in 2014 we acquired JINDA lighting, in 2015 we bought laford