In the first half of the year, Chau Ming Technology's small-span LED orders broke 90 million

On the evening of August 14, Zhouming Technology disclosed the first half of 2014 performance report. During the reporting period, the company realized operating income of 445,776,473.97 yuan, an increase of 35.05% over the same period of the previous year; operating profit of 43,792,586.2 yuan, an increase of 329.67% over the same period of last year; The profit was 23.83 million yuan, an increase of 111.16% over the same period of the previous year.

Zhou Ming Technology said that the small-pitch products and the international leasing market are the core axes of the company's development in the display field. During the reporting period, LED small-distance order volume reached 91.85 million yuan, and the sales target of small-pitch LED products is expected to increase by more than 70% this year.

For the development of the LED display industry, Chau Ming Technology said that the emergence and rapid application of LED small-pitch display products in 2013 took the lead in breaking the bottleneck of the current price war and gross profit growth in the LED display industry, and became a new profit growth in the industry. Point, the pattern of the LED display industry is undergoing further changes. Along with the rapid development of LED display application technology, in the current mainstream large-screen display technology, the market share of LED display accounts for about 48% of the overall display market, almost the same as the market share of DLP products, which is undoubtedly current and In the next two to three years, the market will show the mainstream of the market, and it can be clearly seen that the demand for LED displays will continue to grow in 2014.

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