Jucan Optoelectronics: High-end products such as Mini LEDs, car lighting and backlights are launched

Recently, some investors asked on the investor interactive platform: Host, Jucan Optoelectronics has suffered a loss in its 22-year performance. Is there a change in the operating environment or a problem in its core competitiveness? Are there any problems or adjustments in your company's operations, and are there any new profit growth points?

Jucan Optoelectronics said on the investor interaction platform on March 16 that in 2022, from the price side, due to factors such as the international situation, macroeconomics, and repeated epidemics, LED terminal applications will experience market fluctuations and weak demand, and the price of LED chips will decline; from the cost side, expenditures on raw materials, energy, labor, etc. have increased, and product costs have increased significantly. Based on the above factors, the company's 2022 annual results showed a loss. There have been no major adverse changes in the company's main business and core competitiveness, which is consistent with industry trends; there are no persistent recession or technological substitution in the industry in which the company is located; there are no major risks to the company's ability to continue operations. In 2023, the company's specific business plans are: 1. Strengthen technology upgrades and optimize product structure;2. Highlight marketing status and innovate marketing strategies;3. Implement lean production and actively reduce costs and increase efficiency;4. Build smart factories to achieve intelligent manufacturing;5. Strengthen talent training and improve team building. The company will continue to focus on deepening its main business, solidly promote refined management, explore customers, consolidate the market, and improve operational efficiency and efficiency. As the raised funds are invested in the project, high-end and high-priced products such as Mini LEDs, car lighting and backlights are launched one after another, and the company's product categories will be further enriched; as R & D investment increases, the structure will be further broken, performance will be further improved, and products will be upgraded, and the company's operating benefits will be further optimized.