LED lighting + packaging into a profit explosion point, customers cover the world's top 500 companies!

On March 16, Xiamen Guanghao Electronics Co., Ltd. (hereinafter referred to as Guangsheng Electronics, stock code: 300632) published the “GEM Listing Notice” and “Preliminary Inquiry and Promotion Announcement”, and proposed to issue 28,895 shares of A for the first time. Shares, the total share capital after the issue does not exceed 115.8 million shares.

The company will conduct preliminary inquiry on March 20th and March 21st, 2017, and issue the price on March 23rd. The online and offline subscription date is March 24.

It is understood that the company is mainly engaged in the research and development, production and sales of LED packaging, LED application products and FPC flexible circuit boards.

On January 24, 2014, Guangsheng Electronics successfully listed the new three boards.

Since entering 2016, the New Third Board Company has set off a boom in the transfer, such as Jiangsu Zhongqi, Tuostar, Samsung New Materials, etc., which have been successfully listed.

On February 27, 2017, Guangsheng Electronics became the first successful new three-board IPO success story in the LED industry. It also became another LED enterprise that successfully entered the capital market after Debang Lighting and Sanxiong Aurora.

Next, Optoelectronics will continue to create differentiated value LED products around the mid- to high-end segment of the LED industry. The business chain covers LED lighting, LED packaging, LED backlight modules and components, and FPC research and development. ,Production and sales.

Up to now, the customers of Guangsheng Electronics have covered the world's top 500 companies such as Foxconn, GE, LG, and international leading companies in various application fields such as TPV, Anda House and Osram.

During the reporting period, the proportion of total sales of the top ten customers to operating income accounted for about 70%. According to Optoelectronics, the LED lighting business, which has the largest revenue and profit contribution from the company's main business, is affected by the overseas market to a large extent, and has great market uncertainty.

It is worth mentioning that the current LED lighting and packaging business has now developed into a source of revenue, profit core and future profit of Guangsheng.

According to the prospectus disclosure, in 2014-2016, Guangsheng shares realized operating income of 211,190,900 yuan, 260,770,700 yuan and 325,055,500 yuan, respectively, with a year-on-year growth rate of more than 22%. In 2015 and 2016, the company achieved net profit of RMB 31.126 million and RMB 4,302,960, respectively, showing strong profit growth.

After the completion of the public offering, the company will mainly invest in the expansion of LED lighting products and the construction of R&D centers. Through the new production sites, increase production equipment, capacity expansion, and R&D design capabilities, the company will further enhance its strategic competition. We will expand the overall advantages of the industry chain and maintain the company's technology and quality at the leading level in China.

In the future, with the gradual release of project capacity, the gradual manifestation of economic benefits, and the continuous enhancement of technical capabilities, the research and development, innovation and design capabilities of Guangsheng Electronics will be comprehensively improved, and operating income and net profit growth will be expected.


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In-ear earphones are sometimes referred to as earbuds, and they refer to earphoees that are small enough to fit into the ear. The Sport Earphone are written with L and R, L is left for the left channel, and R is the right for the right channel. In principle, the thinner the earmuffs, the more comfortable they are. However, the thin earmuffs will be less soundproof.


Correct use:

1: Set the volume of the source to the minimum.

2: Insert the 3.5mm plug of the in-ear earphone into the earphone jack.

3: Adjust the volume to a position that sounds comfortable. In-ear earphones are not recommended for driving motorcycles, bicycles, operating machines, and jogging, as you may affect your judgment of potential hazards.

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6: Avoid excessive bending of the wire for a long time.

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