Recently, Hongli Zhihui answered questions of investor concern on the layout of the MINI LED market and the company's potential customers on the investor relations platform. Hongli Zhihui said that in the field of Mini LED, the company mainly focuses on two aspects: First, Mini LED backlight, which can achieve high brightness, high color gamut and high dynamic contrast display, is paired with LCD screens, and is mainly used in TVs, monitors, notebooks and automotive product markets. The other is Mini LED direct display, which uses RGB LED chips as direct display modules and is mainly used in commercial display fields such as security, cinemas, shopping malls, and smart cities. Domestic and foreign large-scale panel manufacturers, TV manufacturers and terminal display demand manufacturers are all customers or potential customers of the company.
Hongli Zhihui’s 2021 first quarter report shows that the company’s main operating income was 856 million yuan, a year-on-year increase of 47.42%; the net profit attributable to the parent company was 61 million yuan, a year-on-year increase of 469.72%; the net profit was 55 million yuan, a year-on-year increase of 1302.63%;
The debt ratio is 52.91%, investment income is 10 million yuan, financial expenses are 40 million yuan, and gross profit margin is 23.26%.
ANNA