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The world's largest lighting faucet, Zhen Mingli, returned to Taiwan to issue TDR. On the 22nd, the listing of NT$12.9 per unit depository receipt was listed. Fan Minghong, chairman of Zhenmingli, pointed out that Zhen Mingli has built up the upstream LED epitaxial manufacturing, and has midstream packaging, as well as downstream lighting application manufacturing, with vertical integration capability and cost competitiveness, and will strive for global LED application opportunities.
On the 22nd, the Taiwan Stock Exchange will welcome the participation of Zhen Mingli at the grand grand ceremony. In recent years, the stock exchange has been expanding its market concentration in securities, and is constantly committed to interact with high-level business units at home and abroad to gain an in-depth understanding of corporate fundraising practices and market participants. The actual needs are to attract good companies to be listed on the Taiwan Stock Exchange.
Fan Banghong said that Zhen Mingli saw LED business opportunities very early, and integrated upstream into the LED package nearly 10 years ago. At present, LED lighting, lighting and other related products account for 50% of the revenue of Zhen Mingli. In order to further reduce the cost, Zhen Mingli has stepped up to LED epitaxial. There are 5 MOCVD epitaxial machines. From June next year, the first 10 sets of machines will be put into operation and upgraded to improve vertical integration.
Zhen Mingli pointed out that the current LED lighting product line developed by Zhen Mingli has been quite complete. With the promotion of green alternative energy policies popularized by countries around the world, it will be beneficial to obtain huge business opportunities for LED downstream applications. Zhen Mingli said that compared with competitors, Zhen Mingli has been operating in Europe and the United States for many years and has the ability to design and develop product styles. At present, home LED lighting products have entered the path of HomeDepot, one of the world's largest retailers.
Zhen Mingli said that LED lighting business opportunities are huge, and all factories are interested in competing. Compared with other competitors who have entered the lighting field with LED as the industry, Zhen Mingli has the technology of integrated lighting design and has a traditional lighting customer base. Pull up competitors to enter the threshold of LED lighting. In order to strengthen the cost competitiveness of LED lighting, it has gradually integrated upstream, from epitaxial to packaging, to establish the true integration capability of Zhen Mingli.
In addition, the mainland officially promoted the construction of LED streetlights such as "Ten Cities and Ten Thousand Miles" and "Thousands of Miles" and actively developed LED lighting. Zhen Mingli said that the group has been deeply cultivating in mainland China for 20 years, which will help to win bidding orders. In the future, it will also expand its service network in the mainland and strengthen its grasp of the market.
Zhen Mingli was listed in Hong Kong in 2006. She started in Taiwan in the early years and engaged in the export of Christmas lights and general lighting fixtures. It has become the world's largest lighting leader. Therefore, Fan Banghong is known as the "Light Emperor" in the mainland.
Zhenmingli's production base is mainly in Heshan, Guangdong. Up to now, Zhenmingli has more than 4,000 customers, covering more than 80 countries including Europe, America and Asia. It has access and customer base, and its market share in the global lighting industry exceeds 50%. At present, the main products of Zhen Mingli Group are LED decorative lights, incandescent decorative lights, stage lights and LED lights. At present, LED related products account for more than 50% of the revenue of Zhenmingli Group.