Recently, Huaxing (6164) said that it has obtained orders for 10,000 low-temperature lighting strips from international two-level vending machine equipment manufacturers. Low-temperature lighting will enter the Southeast Asian, Chinese and Eastern European cities to estimate the legal person. In 2011, Huaxing’s revenue is expected. It has grown by 50% to NT$2.7 billion.
In 2010, in the field of low-temperature LED lighting, Huaxing obtained Coca-Cola and Pepsi-Cola orders through Ingersoll Rand (IR), a manufacturer of refrigerators and freezers in the Americas. This order contributed Huaxing to approximately RMB 200 million in revenue a year. At present, LED manufacturers Yiguang (2393), Osram, Philips, etc. all have a low-temperature LED lighting market.
Although the refrigerators in the second half of 2010 entered the weak quarter, 2010 Huaxing's annual revenue growth rate was 31%, which failed to meet the company's original expectations, but Huaxing recently obtained this order, and the company's expansion includes Southeast Asia, China and Eastern Europe. It is expected that the local soft drinks and beer market will start from Q2 2011. Thanks to the freezer and vending machines entering the peak quarter, the company's revenue is expected to gradually pick up.
In terms of lighting, Huaxing entered the lighting supply chain of the Japanese subway station in 2010, and the products are currently being sampled and tested in European subway stations.
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