The world's largest manufacturer of LED decorative lights - Zhen Mingli returned to Taiwan to apply for TDR

The Taiwan Stock Exchange has actively promoted the listing of foreign companies to Taiwan, and the Taiwan Depositary Receipts will add new strengths. On October 29, 1998, Zhen Mingli Holdings Co., Ltd. (Hong Kong Listing Code: 1868HK), which was listed on the Hong Kong Stock Exchange, applied to Taiwan Stock Exchange for the issuance of Taiwan Depositary Receipts, becoming the sixth home to apply for TDR. the company.

  Zhen Ming Li Holdings is a global LED decorative light manufacturing plant

    Zhen Ming Li Holdings was listed on the Main Board of the Hong Kong Stock Exchange on December 15, 2006. It is principally engaged in research and development, design, manufacture and distribution of LED lighting products, LED lighting products and stage lighting products. The Group's production base is located in Heshan City, Guangdong Province, and its sales customers include well-known foreign retail customers such as Home Depot, Target and Canadian Tire, as well as commercial users such as hotels, casinos, architectural design companies, decorative lighting stores, businesses and distributors. 10,000 kinds of lighting products are sold in more than 80 countries around the world.

    Integration of upstream and downstream, the extension plant has begun mass production

    Since 1981, the founder Fan Banghong has been engaged in the decorative lighting business. After nearly 30 years of deep cultivation in the field of lighting, the company has developed into the world's largest lighting manufacturer through the integration of upstream and downstream. In recent years, in response to the energy-saving policies of governments, adjusting product mix, actively entering the field of LED lighting products, adopting the vertical integration of the industry chain, the LED epitaxial chip factory and LED packaging factory have been expanded, and combined with the lighting application market. Stabilizing channels helps reduce costs and makes the business more competitive. Among them, the upstream epitaxial plant has started mass production in June 2009, with a production capacity of about 500 million LED chips. The company is optimistic about the advent of the LED lighting era, will continue to expand upstream capacity, master key sources of raw materials to enhance future growth.

    The consolidated operating income of Zhen Mingli Holdings for the last three years was HK$1,258,825, and 1,572,126,000 and 1,617,732, respectively. The consolidated net profit before tax was HK$260,709,000, and HK$159,956. In recent years, Zhenmingli Holdings has actively adjusted its product structure to enter the field of LED decorative lighting and lighting. In the future, the investment in lighting facilities in the 4 trillion public building in mainland China and the business opportunities of “Ten Cities and Ten Thousand Cities” will become the growth momentum of the company. source.

    The stock exchange actively promoted Taiwan's capital market to become a fundraising platform for overseas Taiwanese businessmen, and it is also the first choice for all good companies to raise funds for listing in Asia. This year, four companies including China Want Want, Ju Teng, New Focus and Jingxi International have issued TDRs. After China’s Want Want, Ju Teng, New Focus and Jingxi International TDR, they have a good stock price or turnover rate. Performance. So far, 30 foreign companies have applied for the first listing counseling, 8 Taiwan depositary receipts have been sent, and 4 have been officially listed.

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