Liqing Technology Co., Ltd. said that it is officially submitted to the stock exchange for listing, and the legal person estimates that Liqing will have the opportunity to be listed in the first quarter of 2017.
Looking forward to the operation in the second half of this year, Liqing is optimistic about the mainland government's policy of reducing the purchase tax on new vehicles with a small displacement (1600c.c), which will continue to drive the policy of small cars and mainland China's own brand car manufacturers to continue to benefit.
Li Qing pointed out that in the design and development of automotive LED lamp modules, and maintaining a fairly good order visibility, Liqing is currently the first-tier (Tier1) supplier of Great Wall Motors, the largest SUV brand in China, supplying the entire car of Great Wall Motor. LED car light products are expected to continue to introduce LED car light design in new car models, and drive the penetration rate of LED lamp market to create better performance than the overall industry average.
Li Qing said that the policy of halving the purchase tax at the end of this year is about to expire, which will inevitably stimulate a new wave of growth performance in the new car consumption market in mainland China, which will help Liqing's operation in the second half of the year to achieve brighter growth than the first half of the year.
Liqing actively deployed LED headlights in this year and has successfully developed high-end LED headlights with specific customers.
The legal person estimates that Li Qing's revenue this year will grow by 30% compared with last year, and hit a record high. This year's profit is expected to grow by 50%. This year's net profit per share is 3 yuan.
Liqing benefited from the growth of the new car sales market in mainland China and the continuous increase in the penetration rate of LED lamp market, driving the overall operation to continue to climb. The accumulated revenue in the first half of this year reached NT$1,501 million, a year-on-year growth of 11.43%. new highs.
From the product point of view, Liqing mainly produces LED taillights, daytime running lights and headlights, among which LED taillights account for about 40% of the overall performance, and the proportion of daytime running lights has increased to 50%.
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