Recently, the person in charge of Yaming Bulb, a wholly-owned subsidiary of Feile Audio (600651), said that in 2011, Feile Audio will focus on the LED product line, and strive to increase the proportion of LED sales while increasing overall sales, and strive to create a green lighting business.
In the middle of 2010, Zhongya Ming contributed 561 million yuan in revenue of 659 million yuan of Fei Le Audio, accounting for 85.13%. Yaming Lighting's annual sales in 2010 were nearly 1.5 billion yuan, sales of lighting products increased by 32.7%, and sales of mainland brands increased by 35%. In 2011, it strived for domestic sales of 1.1 billion yuan, of which LED was 100 million yuan, accounting for nearly 10% of the original 3.5%.
Yaming said that when the price of LED products is still high, Yaming Lighting focuses on the procurement of public equipment and the procurement of commercial lighting such as hotels and hypermarkets. In 2011, public equipment purchases will account for 80% of sales.
Yaming Lighting has won the bid for the LED Stage Light Project of the Great Hall of the People. If it is qualified, it may be further responsible for the Grenade Ceiling Light Project of the Great Hall of the People. Recently, Yaming Lighting also won the bid for the renovation project of six Carrefour stores.
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