JUFEI(SZ:300303)2022-12-04 08:58Company Overview - The company, Jufei Optoelectronics, primarily focuses on LED products, including backlight devices and lighting applications [2] - The main product categories include display screens, lighting fixtures, and backlight sources for various devices [2] Business Strategy - The company aims to deepen its presence in the LED industry, expanding into new areas such as display LEDs, automotive LEDs, and Mini/Micro LEDs [3] - The international sales ratio has been steadily increasing as part of the company's ongoing internationalization strategy [3] Financial Performance - The company has set performance targets for its restricted stock incentive plan, with net profit growth rates of at least 30%, 50%, and 70% for the years 2018, 2019, and 2020, respectively [3] - The gross margin for LED products has seen an increase due to selective customer screening and improved operational efficiency [5] Market Position and Competitiveness - The company maintains a strong focus on R&D and production improvements, emphasizing lean management and strategic planning [4] - Jufei Optoelectronics has a diverse revenue structure, with new business areas rapidly growing and expected to become significant profit contributors [4] Production and Expansion Plans - The company is expanding its production capabilities in Huizhou and Wuhu to meet increasing demand, with Huizhou serving South China and overseas clients, while Wuhu focuses on North and East China [5] - The semiconductor packaging business is a strategic new area, with plans for expansion through organic growth and potential acquisitions [5]