Chong Yue LED product line locks automotive and indoor lighting this year

Chongyue held a shareholders' meeting on the 17th. Regarding the layout of new energy (including LED/solar) related product lines this year, Chairman Guo Zhihui said that the two key points of this year's LED product line should be locked in LED lights for vehicles and indoor lighting. In two major directions, Chongyue plans to cut into the hottest plant factories in the near future and integrate its LEDs, related materials, etc. to provide complete solutions for shipment.

Guo Zhihui said that the current LED components of Chongyue are mainly sold directly to Taiwan's lamp factories, such as Tweisi and Dibao. As for indoor lighting, Chong Yue also developed LED lamps for indoor offices on its own, and will continue to develop the market layout. He believes that there will be good performance in the future.

In terms of solar energy, Guo Zhihui said that Chongyue has inks on the system side of power generation, and also sells and produces materials for solar cells and modules. However, in fact, no matter how good the overall solar energy is, it has little impact on Chongfu. Because Chong Yue is more focused on the system. At present, Chongyue has solar energy related projects in Pingtung, Kaohsiung and Tainan, and is also vigorously developing Japan's solar power station business.

Guo Zhihui revealed that Chongyuk is currently planning to build a 10MW solar power plant in Japan, but even if it can be completed by the end of this year, it is estimated that the actual power generation operation will wait until next year.

In terms of Chongyue Q1 product portfolio, semiconductor materials accounted for 76.4% of revenue, electronic materials accounted for 13.4%, LED and solar energy accounted for 7.3%, engineering accounted for 1.7%, LCD equipment and other materials accounted for 1.2%.

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