The 2020 Shenzhen Top 500 list is released. Which LED company is the strongest?

On October 20, the "2020 Shenzhen Top 500 Enterprises" list was released. The list shows that the total operating income of the top 500 Shenzhen enterprises in 2020 reached 7.62 trillion yuan in 2019, which is roughly equivalent to 2.8 times Shenzhen's GDP in 2019. Compared with the top 500 Shenzhen enterprises in 2019, operating income increased by 370 billion yuan, a growth rate of 5.1%, which was higher than the growth rate of the previous year.

The number of private companies shortlisted for the 2020 Shenzhen Top 500 Enterprises is 422, accounting for more than 84%. In 2020, 125 private companies were promoted to the top 500 enterprises in Shenzhen for the first time. The total operating income of the shortlisted private enterprises accounted for 74.15% of the total operating income of the top 500 Shenzhen enterprises in 2020, and the total net profit accounted for 69.03%. Nearly 60% of the private enterprises' profits increased.

In the LED industry, Zhaochi, Unilumin Technology, Lianjian Optoelectronics, Jufei Optoelectronics, Absen, Ocean King, Ruifeng Optoelectronics, Changfang Group Kangmingsheng, Jiawei, Shangwei Lighting, Overclocking Three, Shendecai and many other LED companies are on the list.

About Shenzhen Top 500

The list is jointly released by the Shenzhen Enterprise Federation and the Shenzhen Entrepreneurs Association. The list is based on various production and operation indicators of the participating enterprises, and comprehensively, systematically and truly reflects the current situation, achievements and future development trends of Shenzhen enterprises.

2020 marks the 40th anniversary of the establishment of the Shenzhen Special Economic Zone. It is also an important time for reform and opening up to start again. Shenzhen is a pioneer in building socialism with Chinese characteristics. The pilot series of comprehensive reform reforms in the Fan District are beneficial, which will help Shenzhen build a global benchmark city and drive the long-term development of local enterprises.

In the past year, our city's large enterprises, represented by the top 500 Shenzhen enterprises, have shown strong vitality and innovative vitality in the complex economic situation at home and abroad, showing an overall trend of high-quality development.

First, operating income continues to increase. The total operating income of the top 500 Shenzhen enterprises in 2020 reached 7.62 trillion yuan in 2019, which is roughly equivalent to 2.8 times Shenzhen's GDP in 2019. Compared with the operating income of the same caliber of the top 500 Shenzhen enterprises in 2020, the operating income of the top 500 this year increased by 1.05 trillion yuan, a growth rate of 16.98%, total assets increased by 14.38%, and total net profit increased by 10.96%.

Second, the threshold for leading companies has been raised. The entry threshold for the top 10 leading companies in the Top 500 Shenzhen Enterprises in 2020 has exceeded 100 billion yuan, which is more than 10% higher than the entry threshold for the top 10 top companies in the Top 500 Shenzhen Enterprises in 2019. Among them, Ping An of China has entered the Trillion-level club; there are 15 Shenzhen top 500 companies with operating income of 50 billion to 100 billion, one more than the previous year. The top 500 Shenzhen companies with operating income reaching the 100 billion level will have the opportunity to enter the world's top 500 in the future.

Third, private state-owned enterprises have complementary advantages. The number of private enterprises shortlisted for the top 500 Shenzhen enterprises in 2020 is 422, accounting for more than 84%. 125 private enterprises have been shortlisted for the top 500 Shenzhen enterprises for the first time. The total operating income of the company accounted for 74.15% of the total operating income of the top 500 Shenzhen enterprises in 2020, and the total net profit accounted for 69.03%. Nearly 60% of the profits of private enterprises increased; the operating income of state-owned enterprises shortlisted for the top 500 Shenzhen enterprises in 2020 increased by 19.39%, with average operating income and average net profit of 25.3 billion yuan and 2.7 billion yuan respectively.

Fourth, the industry structure is basically stable. The top 500 enterprises in Shenzhen in 2020 are still dominated by manufacturing and high-tech industries. The number of enterprises in the high-tech industry accounts for more than half. Enterprises in the financial industry have the highest contribution. There are 7 financial enterprises in the top 500 enterprises in Shenzhen in 2020, accounting for 1.4%. They contributed 22.05% of the operating income, 37.53% of the net profit and 58.06% of the total assets of the top 500 enterprises in Shenzhen in 2020. The overall net profit growth rate of modern logistics companies was 23%, the best performance among all industries. The average operating income of modern logistics companies reached 15.9 billion yuan, the highest among all industries except the financial industry.

Fifth, the characteristics of enterprises in each district are obvious. The top 500 Shenzhen enterprises in 2020 are distributed in the 10 municipal administrative districts of Shenzhen. Among them, Nanshan District has 154 households. The region with the largest number of top 500 companies in Shenzhen in 2020; Futian District has 33 companies shortlisted for the top 100 of the top 500 companies in Shenzhen in 2020, making it the district with the most top 100 companies. The number of companies shortlisted for the top 100 in Bao'an District, Longgang District, Guangming District, Longhua District, and Pingshan District has increased; Luohu District's shortlisted companies have remained unchanged for two consecutive years; the average operating income of companies in Yantian District has exceeded 60 billion yuan, the highest among all districts. High; the average operating income of enterprises in Longhua District has the fastest growth rate; the industrial changes in Guangming District have been obvious, and the number of manufacturing and high-tech enterprises has increased significantly.

According to research, the top 500 Shenzhen companies in this list achieved a total operating income of 7.62 trillion yuan in 2019, an increase of 5.1% from the previous year. The shortlisted indicators of the top companies have increased, while the shortlisted indicators of the bottom companies have declined slightly. Among them, the proportion of the four pillar industries in GDP continues to increase, the internal structure of the manufacturing and service industries is further optimized, state-owned and private enterprises complement each other's advantages, and strategic emerging industries accelerate the expansion, showing that Shenzhen's economy is in a good state of making progress while maintaining stability and improving quality. potential.

Some award-winning companies

Zhaochi Shares

With its strong corporate strength and strong performance development, Zhaochi Shares is on the list.

On the evening of October 19, Zhaochi Co., Ltd. officially released its third quarter report for 2020. Continuing the sustained growth trend in the performance of the first two quarters, Zhaochi Co., Ltd. achieved revenue of 6.556 billion yuan in the third quarter, a year-on-year increase of 103.68%; net profit attributable to the parent company was 497 million yuan, a year-on-year increase of 71.27%. In the first three quarters, Zhaochi achieved revenue of 14.02 billion yuan, a year-on-year increase of 55.23%; net profit attributable to the parent company was 1.112 billion yuan, a year-on-year increase of 66.02%. Zhaochi Co., Ltd. pointed out that during the reporting period, the company’s sales volume was Orders have increased.

In terms of revenue, Zhaochi's revenue in the first three quarters of 2020 has exceeded the 13.302 billion yuan in 2019's full-year revenue; in terms of net profit attributable to the parent company, it is also close to the 1.135 billion yuan in 2019.

Even under the influence of the COVID-19 epidemic, Zhaochi Co., Ltd. still ensured the steady advancement of various businesses during the reporting period, and adhered to the operating philosophy of "refined management" to continue to promote the upgrading of customer structure and product quality, and promote the company's continuous upward development.

On October 20, Zhaochi Semiconductor stated in an institutional survey that Zhaochi Semiconductor’s gallium nitride LED chip project began production in the fourth quarter of last year, and the current monthly production capacity of blue-ray chips has reached 500,000 four-inch wafers. In the sales part of gallium nitride LED chips, in addition to part of the supply to Zhaochi Optoelectronics, it also We are supplying domestic manufacturers and Taiwanese manufacturers, and the Korean manufacturers have passed the factory inspection. The original plan was to supply 50% of the chip products to Zhaochi Optoelectronics. The current ratio is 40%, which shows that we are also very popular among downstream international and domestic clients.

In the future, as Zhaochi Semiconductor's chip production capacity gradually reaches capacity, it will continue to increase market development efforts, while meeting its own needs, and gradually build product competitiveness for both international and domestic markets.

Ledman Optoelectronics

Shenzhen Ledman Optoelectronics Technology Co., Ltd. (securities name: Ledman Optoelectronics, stock code: 300162) is honored to be on the list due to its comprehensive strength such as corporate size, operating income, industry influence, development potential, and social responsibility.

Lehman Optoelectronics as China's first LED display high-tech listed company and a strategic partner of China's aerospace industry, with 8K Micro LED ultra-high-definition display products based on COB advanced technology as the leader, it jointly creates a full range of LED products and solution ecology. Based on 16 years of packaging experience, 15 years of display manufacturing experience, and 6 years of Micro LED R&D experience, Ledman Optoelectronics has accumulated more than 300 independent patents, leading the industry in ultra-high-definition display technology. Ultra-high-definition display products are mass-produced and have been successfully used in many professional and commercial display fields such as security, monitoring, education, command centers, business centers, and conference centers.

This selection into the "2020 Shenzhen Top 500 Companies" is another honor won by Ledman Optoelectronics after its ultra-high-definition display products won the CDIA 2019 Best Display Product Award Silver Award and the Annual Highest Popularity Award. It is also a high recognition and affirmation of Ledman's corporate operations, social value and product quality by authoritative associations.

This year marks the 40th anniversary of the establishment of the Shenzhen Special Economic Zone and the 16th anniversary of the establishment of Ledman Optoelectronics. In the future, Ledman will work with outstanding enterprises to develop collaboratively and learn from each other, promote the construction of the ultra-high-definition display industry at an innovative and steady pace, and work with Shenzhen enterprises to add more impetus to Shenzhen's economic development.

Unilumin Technology

Unilumin Technology has won the title of Shenzhen Top 500 due to its strong comprehensive strength. Unilumin Technology is a leading company in LED display, with dual-wheel drive of display and lighting, and is expected to continue to make breakthroughs in the field of small spacing. The company is deeply involved in LED display solutions, undertaking many landmark projects, and constantly innovating in technology research and development. In February 2019, it mass-produced MiniLED0.9 display screens, occupying the second place in the industry in market share, and leading the development of the industry. In 2020, the COVID-19 epidemic will have an impact on the industry, but the Mini LED industry has matured and entered a rising stage. The landscape lighting business has grown significantly in recent years. Demand has bottomed out in the first half of 2020. Looking forward to the second half of the year, with the implementation of new infrastructure and 5G, the landscape lighting and smart street lighting business is expected to drive a new round of growth.

Stock and increase go hand in hand, and the downstream industry is expected to usher in a recovery. Due to the low current shipment base, ultra-fine pitch (point pitch ≤ P1.1) products have the greatest growth momentum in the future, with an estimated CAGR of 58% from 2019 to 2023. Regarding specific downstream segments, it is expected that by 2022, transportation hubs and sports venues are expected to exceed 25 billion yuan, and the smart street lighting market is expected to exceed 200 billion yuan. The expansion of new downstream areas is expected to continue to bring incremental performance to the company.

Lian Jian Optoelectronics

As ​​a pioneer in cutting-edge display technology, Lian Jian Optoelectronics was successfully selected into the Shenzhen Top 500.

Looking back on the development history of Lianjian Optoelectronics, from its inception to becoming a well-known domestic high-tech company and a leading listed company in LED large-screen intelligent manufacturing, Lianjian Optoelectronics has always kept a close eye on the forefront of industry technology development and changes in market demand, and is committed to providing long-term support for corporate development through scientific research and innovation, and has created ten The single area of over 1,000 square meters is the world-renowned "China's best screen"; at the same time, in order to enhance my country's independent innovation capabilities in the display industry, Lianjian Optoelectronics has increased investment in R&D, investing more than 4% of sales every year as R&D technology expenses. The original "Top Ten Black Technologies" have driven the technological development of the display industry and proved to the world the strength of China's display technology. In the future, Lianjian Optoelectronics will continue to promote the majestic power of the "blowout" of scientific and technological achievements, and continue to be a pioneer in serving the motherland with better quality products.

Recently, Lianjian Optoelectronics (300269) revealed on the investor relations interactive platform that the company has been deeply involved in the LED display field for more than ten years and has made many influential benchmark cases in the industry. : Customized display and control application solutions for a unit of the Shenyang Military Region, the Guiyang Big Data Command Center, and the State Grid Suzhou Power Supply Company to assist in large-scale national events such as the 60th anniversary of the National Day, the 90th anniversary of the founding of the Party, and the 60th anniversary of the founding of the Ningxia Hui Autonomous Region.

Jufei Optoelectronics

As ​​a leading company in the backlight field of the LED industry, Jufei Optoelectronics ranks among the top 500 companies in Shenzhen.

Jufei Optoelectronics is mainly engaged in LED packaging business, and its main products include backlight LED devices and lighting LED devices. Based on this, Jufei has further expanded into new businesses such as display LED, automotive LED, Mini/Micro LED, UVC LED, IR LED and high-end lighting. In addition, it has also expanded into the semiconductor packaging (discrete device packaging) and film material industries, such as power devices, optical devices, optical devices, etc. Membrane materials, etc. At present, the company's main customers include well-known enterprises at home and abroad such as Skyworth, Hisense, TCL, BOE, AU Optronics, Innolux, ZTE, Huawei, Xiaomi, Samsung, OPPO, vivo, Op Lighting, VESTEL, etc.

Jufei Optoelectronics is based in three major bases in Shenzhen, Huizhou and Wuhu, actively expanding overseas markets and entering the supply chain of international giants. In the past two years, the growth rate of overseas revenue has remained above 20%. The company's assets have grown steadily, its debt structure is reasonable, and R&D investment has maintained a proportion of approximately 4% of revenue all year round. It has long been at the leading level in the industry in terms of capacity utilization, product yield, gross profit margin, return on equity, inventory management and debt solvency.

Mini/Micro LED has superior performance and is the key investment direction of Jufei Optoelectronics. The company issued convertible bonds in April this year to raise 704.6881 million yuan. The research and development direction of the raised investment project mainly covers Mini LED module manufacturing. technology, Micro LED module manufacturing technology and other topics.

Absen

An international LED display brand well-known overseas for its international standards, reliable quality, and advanced technology, Absen has been ranked among the top 500 companies in Shenzhen with its strong performance.

Since its establishment, Absen has continuously mastered key display technologies through technological R&D and innovation, and has been leading the development trend of global LED displays. To date, LED displays have sold a total of 400,000 square meters in the global advertising field and successfully implemented more than 8,000 application cases.