Ruifeng Optoelectronics becomes the only SMD LED supplier in Anwarao

[High-tech LED News] Ruifeng Optoelectronics' export revenue was 28.26 million yuan, a year-on-year increase of 64%. The company has passed the high quality certification of Anwar and has become its only SMD LED supplier in mainland China. The influence of foreign markets has increased year by year.

Ruifeng Optoelectronics accounted for a relatively high proportion of medium and large-size backlights and LED lighting in the first half of the year, respectively, revenue of 76.84 million yuan, 48.74 million yuan, an increase of 30.12%, 146.86%; gross profit margin decreased to 30.75%, 35.09%. The automotive application LED with a gross profit margin of 61.20% realized a revenue of 4.22 million yuan, a year-on-year increase of 49.93%.

Under the trend of the decline in the purchase price of major raw materials and the sales price of products, the comprehensive gross profit margin in the first half of the year rose to 31.33%. Among them, Q2 gross margin increased to 32.06%. The more mature display application LED revenue was 14.18 million yuan, a year-on-year decrease of 54.70%, and the revenue share decreased to 9.85%.