LED car lighting manufacturer Lianjia is stably supplying Tesla, and its operations are expected to heat up in the second half of the year

Tesla supply chain operator Lianjia pointed out that Tesla CEO Musk pointed out that the delivery of pickup trucks next year will reach 100,000 vehicles, and the delivery progress is steady. If the Texas plant can produce about 125,000 vehicles per year, it will help Lianjia's operations. Lianjia's revenue in September was 410 million yuan (NT$, the same below), a monthly increase of 7.2%, and an annual increase of 19.8%; the cumulative revenue in the first nine months was 3.208 billion yuan, an annual increase of 11.4%.

In the operation part, Lianjia said that although some customers agreed to the increase in selling prices of Lianjia products and invested in the American factory Pioneer, inflation and high labor costs affected profit performance. As the machine utilization rate increases in the second half of the year, the unit cost decreases, which will drive profitability and improve operating performance.

In terms of production capacity utilization, Lianjia pointed out that the Taiwan headquarters has a total of 11 automotive LED module production lines, with an utilization rate of approximately 60% in the first half of this year, and is expected to be approximately 90% in the second half. The Dongguan factory has a total of eight automotive LED module production lines, with an utilization rate of approximately 70% to 80% in the first half of the year, and is expected to reach 90% to 100% in the second half.

Looking forward to the future, Lianjia pointed out that it will continue to use the patented Uniform Flexible LED module light source module technology for car lights to maintain that at least one of every six to eight new cars in North America has Lianjia products.