Azure Lithium Core is deployed overseas and plans to invest more than 600 million yuan in Malaysia t

On August 18, Azure Lithium Core released the "Announcement on Investment in LED Projects in Malaysia". The fourth meeting of the seventh board of directors of the company has reviewed and approved the relevant proposal, agreeing to the holding subsidiary Huaian Aoyang Shunchang Optoelectronics Technology Co., Ltd. to invest in LED project construction in Malaysia. The project is expected to have a total investment of US$83.88 million, equivalent to approximately RMB 602 million at the current exchange rate. A new LED CSP project will be built, aiming to further expand overseas markets and optimize global production capacity layout.

Aiming at overseas markets and optimizing production capacity layout As global LED technology continues to innovate, its application scenarios continue to expand, extending from daily lighting to diverse fields such as smart display, automotive lighting, and plant cultivation, and market demand is steadily rising. In this context, Huaian Aoyang Shunchang, a subsidiary of Azure Lithium Core, chose to deploy a new LED CSP project in Malaysia with a great strategic vision. By setting up factories overseas, it can not only be closer to the international market and quickly respond to customer needs, but also help avoid potential trade barriers and enhance the company's competitiveness in the global market.

The project has a total investment of US$83.88 million and plans to build an LED CSP project. After the project is fully completed and reaches production capacity, it is expected that 700KK chip spot testing and CSP chip packaging capacity will be achieved every month. This will greatly enhance the production scale of Huai 'an Aoyang Shunchang, strengthen its product supply guarantee capabilities to overseas customers, and lay a solid foundation for the company to further explore the international market and improve the global industrial layout.

It is worth mentioning that Huaian Aoyang Shunchang has been deeply involved in the LED industry chain for many years, building a complete industrial chain from substrate cutting, grinding and polishing, PSS, epitaxial wafers, to LED chips and CSP special packaging. In application fields such as display Mini backlights, high-power flip-chip backlight chips and ultra-high efficiency plant lighting, its product performance ranks at the forefront of the industry, forming a mid-to-high-end product system with great market competitiveness. At present, the company's backlight products have successfully entered the supply chains of many well-known brand terminal manufacturers and become an important supplier of backlight products for high-barrier customers. The implementation of this overseas project is expected to help it rise to a higher level in the international market.

The results in the first half of the year were outstanding, and the LED business grew significantly. On the same day that the investment announcement was released, Azure Lithium Core disclosed its 2025 semi-annual report. The report shows that the company achieved remarkable results in the first half of the year, achieving a net profit attributable to the parent company of 333 million yuan, a significant increase of 99.09% year-on-year, demonstrating strong profitability and good development trend.

Specific to the LED business segment, benefiting from the company's accumulated leading advantages in Mini LED and other display fields, the first half of 2025 will show a good situation of increasing volume and profit. The overall operating income of the LED business was approximately 860 million yuan, an increase of approximately 14.60% compared with the same period last year; Huai 'an Shunchang achieved a net profit of approximately 100 million yuan, an increase of approximately 213.94% over the same period last year. This achievement is achieved thanks to the company's continued investment in technological innovation and accurate grasp of market trends, making it stand out in the highly competitive LED market.

Looking to the future, Azure Lithium Core stated that it will unswervingly increase investment in R & D and continuously improve the technical content of its products to maintain its technological leadership in the industry. At the same time, the company will actively expand domestic and foreign markets and strive to occupy a more favorable market position in the global LED industry by relying on its advantages in technology, products and production capacity. During the project advancement process, the company will pay close attention to market trends, rationally allocate resources, and make every effort to ensure the smooth implementation of the Malaysian LED project and promote the company's continued and steady development.