LED car market opportunities are good, LED companies are optimistic about the development prospects of automotive lighting applications, and have made efforts in the automotive lighting market. Recently, Xingyu shares in the field of LED lights can be said to be the limelight and become the focus of attention in the industry.
On the evening of May 23, Xingyu shares announced that on May 20, 2016, the company and Wuhu Kaiyi Automobile Co., Ltd. signed a "Strategic Cooperation Agreement" in Changzhou.
According to the data, Xingyu has developed LED intelligent lighting system as a leading domestic lighting product design and manufacturing enterprise. The system includes intelligent image recognition device and LED intelligent headlights, which can realize the headlight type according to the road conditions. Autonomous transformation, to make up for the dark area of ​​low beam illumination, to avoid high beam glare.
Based on the mutual optimism of the development of intelligent lighting systems, it is planned to jointly develop LED smart headlamps to realize the nighttime intelligent and safe lighting functions of Kaiyi Automobile's next-generation passenger vehicles. The two parties signed this agreement. The area of ​​cooperation is the passenger car intelligent lighting system project. The agreement includes preliminary strategic agreement on cooperation development content, development methods, project management, and intellectual property rights.
Xingyu shares said that the signing of the agreement will help listed companies to expand the field of smart headlamps, promote the research and development of new products of listed companies, and achieve the goal of the company's products in the direction of intelligence.
In fact, not only Wuhu Kaiyi Automobile Co., Ltd., but also Matsushita Electric Co., Ltd. signed a cooperation agreement with Xingyu.
On May 9th, Xingyu also signed a "Strategic Cooperation Agreement" with Matsushita Electric and Mechanical (China) Co., Ltd. ("Panasonic").
It is understood that Panasonic China is a distributor of automotive electronic components and other automotive electronics products produced by the Matsushita factory, and is one of the suppliers of Xingyu's company's lamp components.
In fact, as early as November last year, Xingyu shares raised a total of 1.5 billion yuan, which is intended to be used for the construction of “Jilin Changchun Production Base Expansion Project†and “Automotive Electronics and Lighting R&D Centerâ€.
In the past two years, Xingyu has focused on the field of automotive lighting, and the proportion of LED car lights has increased rapidly, which can increase the overall gross profit margin.
At present, LED products are mainly used in the future. The width lamps and brake lamps on the rear lamps are more equipped with LED lamps. Most of the turn signals are still halogen bulbs. At present, the headlamp business is developing rapidly, and it is expected that the company's headlight revenue will continue to grow rapidly in the future.
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