Hongli Optoelectronics increased net profit in the first half of the year by 80% SMD LED revenue reached 493 million

Hongli Optoelectronics disclosed its semi-annual report on Tuesday (25th). In the first half of the year (June-June), the company achieved a total operating income of 693 million yuan, a year-on-year increase of 62.83%, mainly due to the increase in the company's accounting entities and the expansion of sales scale and income. The net profit attributable to shareholders of listed companies was 57.033 million yuan, an increase of 80.89% over the same period last year. According to the main business segmentation, Hongli Optoelectronics achieved 502 million yuan in LED packaging in the first half of the year, of which SMD LED revenue was 493 million yuan, up 67.38% year-on-year. SMD accounted for 98% of total package revenue, and its gross profit also reached 23.48%. Main business income composition The general lighting and automotive lighting business revenues were 73 million yuan and 54 million yuan respectively. Contract energy management business, that is, EMC business revenue increased by 621.49% year-on-year. LED device products are classified according to the color of light. As the leader of white light packaging, Hongli Optoelectronics' revenue of white light devices reached 457 million yuan in the first half of the year, an increase of 66.47%. Hongli Optoelectronics said that the LED lighting market demand was good in the first half of the year. The company expanded the scale of LED packaging capacity and increased market expansion, prompting the company to effectively release production capacity and maintain stable growth in its main business. At the same time, the acquired subsidiaries contributed some of the results, which led to a significant increase in the company's operating income and net profit. In the first half of the year, Hongli Optoelectronics' management actively sought suitable investment cooperation targets in the Internet of Vehicles industry. The company increased its capital by 10 million US dollars to Cayman Netcom, plans to launch LED industry financial services; invested 45 million yuan to participate in the car networking industry. The company said that in the future, it will gradually establish an ecological platform for LED main business + internet finance + car networking.