Recently, Qunguang (2385) announced its investment in Dongbei (2499) and subscribed for its corporate debt of NT$140 million. In the future, the two parties will cooperate on lighting products. Dongbei Lighting products have the opportunity to enter into nearly 20 companies in China. Baiyunhui Mall in the branch.
Qunguang’s high-level executives said that the number of LEDs used in the China’s IT shopping malls Baiyunhui Mall, which is invested in the Group’s Blue Sky (2362), is quite large, from LEDs for exterior signs and interior lighting to outdoor billboards for manufacturers to advertise. In addition, Bainaohui continues to hunt and expand its storefront, and it is expected to increase five stores each year in China. At present, Bainaohui Mall has adopted the group's own LED products.
Group Light also plans to add a new LED business unit in 2010, and cooperate with Dongbei LED lighting products, focusing on indoor LED lighting, will first meet the needs of Bainaohui.
Dongbei's lighting market in 2010 has a good revenue. Starting from Q2, the monthly lighting revenue growth rate is 30%. At the end of Q2, the monthly revenue is about NT$110 million. The company's senior estimates are up to Q4. The monthly revenue of lighting is expected to reach 300 million yuan.
Related stock price 2010/09/29 - 10:20 East Bay TWD 49.55 (+0.92%)
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