Fan Minghong, chairman of Zhen Mingli, said that the group is now striving for LED lighting streetlight contracts in four cities in Guangdong Province. It is estimated that each city needs at least 100,000 street lamps, calculated at RMB 3,000 per trip, and each city contract reaches 300 million yuan. If the renminbi wins all four cities, the total contract value will be as high as 1.2 billion yuan, but there is no known when there is a result.

At the same time, the group was approved as a state-level high-tech enterprise at the end of last year, so the profit tax will be reduced from 25% to 15% this year.

Fan Banghong said that due to the environmental protection function of LED lighting equipment, compared with traditional lighting, the mainland and foreign countries are gradually replacing the traditional illuminators with LED illuminators, and the LED illuminator has a gross profit margin of 40-50%. The turnover will increase from approximately 53% last year to over 53%, and the Group's overall gross profit margin is also likely to increase.

The overall gross profit margin can be improved

At the same time, due to the huge potential of LED business development, the Group has invested more than 30 million US dollars, purchased 5 machines from Germany, and set up its own LED chip factory. It is expected to be officially put into operation from the end of February to the beginning of March. It can produce 400 million LEDs per month. About one-third of the chips will be exported, and the rest will be reserved for their own use, and the production equipment will be increased to 30 when necessary.

He said that due to the Group's self-made chips, it is expected to save about 10-15% of the cost of LED terminal products. At present, the Group has more than $400 million in cash on hand to meet business needs.

When asked about the recent 2008 profit warning issued by the Group, Fan Banghong explained that mainly because of the one-time loss of one-off property and interest income last year, while the raw material prices and labor costs soared and the appreciation of the renminbi, the gross profit margin decreased, plus last year. The global economic recession in the second half of the year has increased the provision for bad debts of accounts receivable.

In addition, Fan Banghong also said that due to the current low stock price of the group, the possibility of future repurchase is not ruled out, but the actual days have not been disclosed.

Japanese company's new ceramic substrate: LED brightness increased by 10%
Chongqing Chaotianmen Bridge 6000 lamps delineate Jiangshang Rainbow Hon Hai layout LED industry to see the mainland street lamp market



1

4 In 1 Dimmable LED Driver

The KSPOWER brand H series - 4 in 1 dimmable led driver provides 0-10V 1-10V resistance pwm dimmable constant voltage single output LED Drivers with 5 years warranty. The 4 in 1 LED dimmable driver can make the output wattage of MAX 320W and accept 12Volt, 24Volt, 36Volt and 48Volt output voltage optional. The 12v 24v dimmable led driver is Class 2 Class P rated, and both UL/cUL, FCC CE ENEC GS RoHS Listed and SELV style enclosures. The 4 in 1 led bulb drivers is flicker free design and protections for short circuit, over load, over voltage and over temperature. The 4 in 1 dimmable led transformer use low profile aluminum metal housing with IP65 IP67 rating environment protection for indoor or outdoor use, with junction box makes 0-10V 1-10V pwm dimming led driver the power solutions for LED strips, LED sign, billboard and landscape lighting. Featuring built-in PFC function more than 0.95 and outstanding led dimming performance.

led bulb power supply, 24v dimmable led driver, led strip driver, Pwm Driver, led driver enclosure

Shenzhenshi Zhenhuan Electronic Co., Ltd , https://www.szzhpower.com

Posted on