Yufu Lighting launches IPO coaching: export business accounts for 90%

On February 6, Shenzhen Yufu Lighting Co., Ltd. (hereinafter referred to as: Yufu Lighting) registered with the Shenzhen Securities Regulatory Bureau for counseling, and the counseling agency was China Merchants Securities Co., Ltd.

According to the official website of Yufu Lighting, Yufu Lighting was founded in 2000. The company launched its LED lighting business in 2005. It is one of the earliest manufacturers in China to carry out LED lighting and intelligent lighting business. It enjoys a good reputation in overseas markets for high-quality indoor, outdoor and intelligent lighting equipment, and ranks among the top export manufacturers of Chinese lighting products. According to "Pingdi Online" news on February 20, 90% of Yufu Lighting's products are sold to markets such as the United States, Europe, Australia, and Japan.

In terms of manufacturing scale, Yufu Lighting’s official website shows that the company now has a factory area of about 32,000 square meters and a monthly production capacity of more than 2 million sets of lamps. The company has more than 42 production lines, including: automatic patch production lines imported from Japan; modern electronic D/P production lines; fully automatic assembly lines; semi-automatic assembly lines for intelligent lighting accessories and flexible production lines.

Yufu Lighting has passed the qualification accreditation of "National High-tech Enterprise", "Guangdong Engineering Technology Research Center", "Shenzhen Engineering Research Center", and "Shenzhen Industrial Design Center".

LEDinside noticed that in 2024, many LED lighting-related companies are ushering in new progress in IPOs.

Among them, the IPO application of Dongang Technology Beijing Stock Exchange was accepted on January 8. It is reported that Dongang Technology is mainly engaged in the research and development, production and sales of professional mobile lighting tools. The company plans to raise 260 million yuan in the listing to invest in high-end professional mobile lighting tool production base construction projects, R&D center construction projects, and to supplement working capital.

Jinko Electronics submitted a listing application to the Main Board of the Hong Kong Stock Exchange on February 1. It is reported that Jinko Electronics’ professional fields cover automotive intelligent vision, high-end lighting and new displays. Among them, the automotive intelligent vision business includes intelligent car lights and automotive-grade LED devices and module products.

Hualai Technology officially received approval from the National Equities Exchange and Quotations Co., Ltd. to list on January 8, and then immediately started listing guidance on the Beijing Stock Exchange. Hualai Technology focuses on the three major business areas of intelligent vision, intelligent lighting, and intelligent sensing and control, providing customers and end users with overall smart home solutions including multi-category hardware products, IoT platform construction, APP software development, and AI algorithm applications.