At the end of last year, Hongli Optoelectronics, which required high-performance standards and required equity incentives, released its first-quarter results forecast on the evening of April 2. The company's first-quarter profit is expected to be between 14.52 million and 17.01 million, compared with 8.3 million in the same period last year, a year-on-year increase of 75% to 105%.
For the surge in performance, Hongli Optoelectronics said that in the first quarter, the LED lighting market demand was good, effectively releasing the company's production capacity, and the company maintained steady growth in its main business.
Hongli Optoelectronics is a leading white LED packaging company in China and has become one of the most competitive LED packaging companies in China. The company's main products are LAMP LED, SMD LED, general lighting products and automotive lighting products.
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