In 2014, the scale of China's LED packaging industry reached 56.8 billion yuan, a year-on-year increase of 20%. In 2014, LED packaging shipments grew by more than 70%, and the average price dropped by as much as 30% year-on-year. SMD is still the most mainstream packaging form, accounting for approximately 52% of the packaging market output value. Another packaging form, COB, is gradually being used in compact light-emitting surface and high-light-density applications and reflects its advantages. COB will occupy a place in replacing metal halide lamps and high-wattage lamp applications. Based on the results and performance in 2014, a list of the top ten Chinese LED packaging companies in 2014 was selected.
First place: Mulinsen
Founded in 1997, Mulinsen specializes in LED packaging devices and LED lighting fixtures, with an annual production capacity of 132.5 billion Lamp/SMD LED packaging devices. In 2014, revenue was 4.002 billion yuan, a year-on-year increase of 39.25%, and net profit was 433.76 million yuan, a year-on-year increase of 0.25%.
Second place: Nationstar Optoelectronics
Nationstar Optoelectronics was founded in 1969 and has initially formed a vertically integrated development model of the entire industry chain of upstream epitaxial chips, midstream packaging, components and downstream LED applications. In 2014, revenue was 1.543 billion yuan, a year-on-year increase of 35.07%, and net profit was 144.76 million yuan, a year-on-year increase of 28.13%. Among them, LED device operating income was 953 million yuan, a year-on-year increase of 34.14%.
Third place: Hongli Optoelectronics
Hongli Optoelectronics was established in 2004 and is a leading domestic white light LED packaging company. In 2014, revenue was 1.018 billion yuan, a year-on-year increase of 38.38%, and net profit was 90.91 million yuan, a year-on-year increase of 48.93%. Among them, LED device operating income was 710 million yuan, a year-on-year increase of 40.98%.
Fourth place: Jufei Optoelectronics
Jufei Optoelectronics, founded in 2005, is a leading company in the field of small-size backlight LEDs in mainland China, mainly engaged in backlight LEDs and lighting LEDs. In 2014, revenue was 991 million yuan, a year-on-year increase of 31.43%, and net profit was 178.91 million yuan, a year-on-year increase of 36.64%. Among them, backlight LED revenue was 855 million yuan, a year-on-year increase of 37.04%, and lighting LED revenue was 113 million yuan.
Fifth place: Lianchuang Optoelectronics
Lianchuang Optoelectronics was founded in 1999 and has diversified its business in intelligent control, LED backlight, cables, LED lighting, infrared LED and other businesses. In 2014, revenue was 1.957 billion yuan, a year-on-year increase of 22.14%, and net profit was 133.34 million yuan, a year-on-year increase of 40.32%. Among them, the revenue of optoelectronic devices and application products increased significantly, reaching 1.401 billion yuan, a year-on-year increase of 32.48%
Sixth place: Ruifeng Optoelectronics
Ruifeng Optoelectronics was established in 2000 and specializes in lighting LEDs and medium and large size backlight LEDs. In 2014, revenue was 907 million yuan, a year-on-year increase of 32.97%, and net profit was 23.83 million yuan, a year-on-year decrease of 57.89%. Among them, lighting LED revenue was 542 million yuan, and medium and large-sized backlight LED revenue was 321 million yuan.
Seventh place: Changfang Lighting
Cangfang Lighting was established in 2005 and specializes in LED lighting sources and LED finished lighting. In 2014, revenue was 921 million yuan, a year-on-year increase of 13.32%, and net profit was 50.67 million yuan, a year-on-year increase of 84.36%. Among them, the revenue of direct-plug LED is 54.85 million yuan, and the revenue of SMD LED (including high-power) is 744 million yuan.
Eighth place: Wanrun Technology
Wanrun Technology was established in 2002 and specializes in LED light source devices, LED lighting applications, and infrared receivers. In 2014, revenue was 523 million yuan, a year-on-year increase of 19.91%, and net profit was 40.4 million yuan, a year-on-year decrease of 9.10%. Among them, LED light source device revenue was 391 million yuan, a year-on-year increase of 27.18%.
Ninth place: Furi Electronics
Furi Electronics, the output and sales of LED packaging products in 2014 increased by 646.98% and 560.82% year-on-year. Its subsidiary Yuanlei Technology, which is mainly engaged in LED lighting packaging devices, has an operating income of 239 million yuan and a net profit of 29.77 million yuan. Its subsidiary Furi Optoelectronics, which is mainly engaged in LED display packaging, has an operating income of 12.93 million yuan and a net profit loss of 11.39 million yuan.
Tenth place: Hangke Optoelectronics
Hangke Optoelectronics was established in 2006. Its main products include ceramic COB, SMD and high-power packaging products, with a registered capital of 60 million yuan and a production capacity of 200KK/month.

ANNA