The first quarterly report of two LED chip companies was released, and their performance rose to sho

On April 11, the LED chip industry ushered in important news. Two influential companies also disclosed their first-quarter 2025 financial results. What is remarkable is that they both achieved higher performance in the first quarter, injecting a boost into the development of the industry.

Qianzhao Optoelectronics: Revenue in the first quarter was outstanding, and many businesses grew strongly.

Qianzhao Optoelectronics released its first quarterly report for 2025 on April 11, showing strong development momentum. During the reporting period, the company's total operating income reached 776 million yuan, a significant increase of 39.45% compared with the same period last year. The net profit attributable to the parent company was 27.8081 million yuan. Compared with the same reporting period last year, the net profit increased significantly by 33.4541 million yuan, a year-on-year growth rate of 592.52%. At the same time, net cash inflow from operating activities was 125 million yuan, an increase of 22.16% year-on-year.

Regarding the substantial increase in operating income, Qianzhao Optoelectronics explained in the announcement that it was mainly due to the significant expansion of sales scale in the current period. There are many reasons for achieving such a high growth in net profit. On the one hand, the expansion of sales scale and the improvement of operating quality have led to a significant increase in operating gross profit; on the other hand, the smooth recovery of accounts receivable has led to the reversal of bad debt reserves. These series of factors have worked together to promote a significant increase in net profit year-on-year.
Looking back on 2024, Qianzhao Optoelectronics 'performance in the LED business field is remarkable, and the results of product structure optimization are remarkable. From the perspective of business segments, the iterative upgrade effect of RGB display business products is outstanding. Mini RGB business revenue increased by 267% year-on-year, showing strong market competitiveness; backlight business revenue increased by 757% year-on-year, achieving leapfrog development;Micro LED business revenue increased by 178% year-on-year, showing a good growth trend; high-efficiency lighting business revenue increased by 30% year-on-year, steadily promoting business expansion. These data fully demonstrate Ganzhao Optoelectronics 'in-depth layout and successful breakthroughs in different LED business segments.

Jucan Optoelectronics: Revenue and profit growth, and production capacity expansion has helped transform.

Also on April 11, Jucan Optoelectronics also announced its first quarterly report for 2025. The report shows that the company's total operating income was 731 million yuan, a year-on-year increase of 21.8%; net profit attributable to the parent company was 61.4416 million yuan, a year-on-year increase of 27.72%; net cash inflow from operating activities was 176 million yuan, a year-on-year increase of 666.02%.

Faced with the rapid rise of markets such as small-pitch displays, full-color screens and RGB, Jucan Optoelectronics is actively deploying and fully promoting the" annual output of 2.4 million red-yellow light epitaxial wafers and chips", in order to enhance the use of red-yellow light and blue-green light chips. Collaborative capabilities in applications and open up the second growth curve for business. The construction of the project is progressing smoothly and has been partially put into operation on January 11, 2025. At present, production equipment with a monthly production capacity of 100,000 pieces has basically arrived. Some process equipment is in the debugging stage, and production capacity is in a period of rapid climbing.
With the continuous release of investment project production capacity, Jucan Optoelectronics has successfully achieved a strategic transformation from a monochrome system to a full-color LED chip supplier. Its product matrix has fully covered the three core application areas of lighting, backlight and display. Looking to the future, with the orderly advancement of Mini/Micro LED chip R & D and manufacturing expansion projects, and an annual output of 2.4 million red-yellow light epitaxial wafers, and chip projects, Mini LEDs, car lighting, display products and other high-end and high-priced products in the company's product structure will continue to increase, and the company's product categories will be further enriched. It is expected to occupy a more favorable position in market competition and provide sustained impetus for the company's performance growth.
The good performance of Qianzhao Optoelectronics and Jucan Optoelectronics in the first quarter of 2025 not only reflects the development potential and strategic results of the two companies themselves, but also demonstrates the vitality and development opportunities of the LED chip industry in the current market environment.