Ronda will be listed on the 29th at 17 yuan per share.

[High-tech LED News] AUO's LED factory Ronda will be listed on the 29th at 17 yuan per share. Despite the weak demand in the backlight market, the performance of lighting products has doubled quarter by quarter, and the penetration rate has increased significantly, becoming the performance of Lunda. The main growth momentum, driving the second half of the performance of Lunda is better than the first half.

Ronda's LED products are used in panels, accounting for 70% of the revenue, and the parent company AUO is the largest outlet, accounting for 70% of the total.

Ronda said that it is optimistic about the growth of the lighting market. Its one-stop model will help strengthen cooperation with international brands. In the future, it will continue to cut into the lighting market with OEM strategy. At present, the Japanese market accounts for 50%.

 

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