Recently, HongLiTronic announced on its investor interaction platform that it has fully relocated its Mini LED production lines to the Phase II factory. This move aims to enhance customer service, integrate resources, improve production efficiency, and reduce operational costs.
As of June and July, the utilization rate of existing production equipment in Phase II for Mini LED has reached a high level. To meet market demand, the company is gradually implementing an expansion plan.
According to reports, HongLiTronic’s main business includes LED semiconductor packaging, automotive lighting and electronics, as well as Mini/Micro LED displays. In the first half of this year, the company’s revenues from full-spectrum products, outdoor products, filament products, and patented products showed steady growth. The company achieved revenue of $2.68 million, a year-on-year increase of 12.14%, and a net profit attributable to the parent company of $0.11 million.
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