Today, Tailong Lighting successfully listed on the Growth Enterprise Market of Shenzhen Stock Exchange, stock code: 300650.
Tailong Lighting is mainly engaged in high-efficiency energy-saving lighting sources, lamps and supporting electrical appliances, LED display, CNC three-sided billboards, LED light sources, lamps and supporting electrical appliances, automatic control systems and software development and manufacturing.
It is worth mentioning that Fujian Tailong Lighting is expected to become the first share of A-share LED commercial lighting and engineering.
With the gradual stabilization of the LED general lighting market and the increasing efficiency of LED products, coupled with the significant improvement in color tolerance (SDCM) control and color rendering, LED manufacturers are optimistic about the market demand of high-end commercial lighting manufacturers.
At the same time, LED lighting manufacturers realized that in addition to the market factors of product prices, they also noticed that the demand for high-end products market is not less than alternative light source, and the order size is not large. However, the product profit is stable compared with the general alternative light source.
Fujian Tailong Lighting's main business is to provide integrated lighting solutions integrating lighting design, development and manufacturing, and system integrated services. The main products include lighting fixtures, LED displays and photoelectric signs.
The company provides customers with integrated lighting solutions including lighting design, development and manufacturing, and integrated system services. The products are positioned in the mid-to-high-end market; the main customers are Adidas, Qizhi Fashion, Lilang, Xtep and Anta.
It is reported that in 2014, 2015 and 2016, Tailong Lighting's main business income showed a steady growth trend of 210 million yuan, 247 million yuan and 272 million yuan respectively; the gross profit margin of the company's main business was 36.01% and 37.35% respectively. And 37.60%, relatively stable.
In addition, Tailong Lighting achieved operating income of 49.995 million yuan in the first quarter of 2017, an increase of 29.78% year-on-year; net profit was 3,946,500 yuan, an increase of 85.25%; earnings per share was 0.08 yuan.
Among them, the LED lighting equipment gross profit rate is relatively high. As the LED lighting equipment sales revenue gradually increases, the company's comprehensive gross profit margin increased slightly during the reporting period. In 2016, LED lighting equipment accounted for more than 70% of the main business income. .
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