On August 23, Weiwei announced the 2012 semi-annual report. Due to the decrease in orders from major customers, the company's operating income and net profit during the reporting period showed different degrees of decline compared with the same period in 2011. It is worth noting that the company has increased the overseas market development of LED commercial lighting products.
Yan Wei has invested a large amount of money to develop new LED low-voltage lawn lamps. It has completed the first round of product development and is expected to become a new profit growth point in the company's lawn lamp series. Since 2011, Weiwei has recruited a large number of LED lighting R&D talents and established an advanced optical laboratory in the mainland. During the reporting period, more than ten LED commercial lighting products have been developed and put into the market. The first batch of LED lighting of USD 1.2 million Orders were completed and exported to the United States from the end of July to mid-August last year. The official entry of LED commercial lighting products into overseas markets is of great significance to the company's future business development.
Yan Wei has invested a large amount of money to develop new LED low-voltage lawn lamps. It has completed the first round of product development and is expected to become a new profit growth point in the company's lawn lamp series. Since 2011, Weiwei has recruited a large number of LED lighting R&D talents and established an advanced optical laboratory in the mainland. During the reporting period, more than ten LED commercial lighting products have been developed and put into the market. The first batch of LED lighting of USD 1.2 million Orders were completed and exported to the United States from the end of July to mid-August last year. The official entry of LED commercial lighting products into overseas markets is of great significance to the company's future business development.
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