Since the beginning of this year, the IPO review speed of the China Securities Regulatory Commission has obviously accelerated. It is basically a batch of enterprise audits passed in a week. In any case, the acceleration of IPO audits is indeed a good news for the majority of LED lighting companies. Those LED lighting companies that have been waiting in line for many years have finally had a hope, instead of "endless waiting."
In 2017, the LED industry included Sanxiong Aurora, Debang Lighting, Overclocking III, Tailong Lighting, Huati Technology, Guangsheng Shares, and Jucan Optoelectronics, all of which went to the capital market.
On November 10th, the LED industry sent good news again. Igo Electric Co., Ltd. (hereinafter referred to as "Igor"), a well-known domestic power supply company, has applied for approval by the China Securities Regulatory Commission and will land on the SME Board of the Shenzhen Stock Exchange.
According to Igor's prospectus (filing draft), Igor plans to issue 33 million shares, and the funds will be used for new energy high-frequency transformer industrial base projects, LED lighting power production projects, Igor R&D center projects, etc. The total amount is about 423 million yuan.
It is understood that Igor is committed to providing competitive power, component products and solutions to the global market. The main products are LED drive power, switching power supply, power transformer, inductor, special transformer, reactor, distribution transformer, LED application products and other eight categories of more than 500 varieties, widely used in lighting, new energy, industrial control, power and other industries.
Igor's prospectus shows that 2014 revenue exceeds 806 million yuan, net profit is 2,979,900 yuan; 2015 annual revenue is 798 million, net profit is 127 million; 2016 annual revenue is 880 million, net profit is 71,198,700 yuan. From January to June 2017, Igor's operating income was 517 million yuan and net profit was 38.824 million yuan.
During the reporting period, lighting power supply was the company's largest source of revenue, accounting for 43.26%, 46.56%, 51.02% and 47.92% of the main business income. The lighting power supply is the company's traditional superior product and has mature technology research and development capabilities. During the reporting period, the company seized the good development prospects of the lighting power industry, continuously increased the R&D and marketing efforts of LED lighting power sources, expanded market share, enriched the product categories of LED lighting power supplies, and applied LED products to outdoor street lamps, tunnel lights and other application fields. And the extension of commercial lighting applications, driving sales revenue continues to grow.
From 2014 to January-June 2017, Igor's overseas sales scale was 433,151,700 yuan, 434,236,900 yuan, 479,403,200 yuan and 305,550,500 yuan, accounting for 54.03% and 54.64 respectively. %, 54.61% and 58.94%, the scale of overseas sales continued to expand, the market reputation and brand advantage gradually established, becoming an important source of company income and profit, the company will further expand and participate in the overseas market in the future. The reasons for the continued growth in overseas sales and the increase in the proportion are:
On the one hand, foreign cooperation is deep, and large customers increase orders. The company has many years of cooperation experience with major overseas customers, including Kichler, Simkar, Eaton in the United States, and Mingdian House in Japan. It has high market acceptance in terms of product performance, service life and follow-up services, with LED lighting power supply and With the development of the lighting industry and the demand for transformers for industrial control, the company has greatly improved the sales scale of the above-mentioned customers;
On the other hand, focus on developing products and expanding new overseas customers. The downstream industries of the company cover lighting, industrial control and photovoltaic power generation. The market competition is fierce. In order to reduce the impact of customer-related business reductions on the company, the company strengthens independent research and development, expands new product market, and newly develops the world's leading home building materials retailer. Home Depot, outdoor lighting retailer Alliance, etc., sales revenue growth accelerated.
During the reporting period, the company's domestic sales scale was 368,821,100 yuan, 368,052,600 yuan, 390,854,800 yuan and 232,532,200 yuan, accounting for 45.97%, 45.36%, 45.39% and 45.15% respectively. Basically stable, the sales area is mainly concentrated in South China and East China, where the demand for electronic transformers is large. With the gradual development of the domestic market in the future, the company will focus on the domestic market opportunities and participate in the domestic market with excellent product quality and mass production capacity. The core competitiveness of the market.
The global production and ban of incandescent lamps will lead to a huge demand for alternative lighting market. LED lamps are the most competitive high-efficiency, environmentally friendly lighting fixtures through comparison of key indicators such as efficiency, color rendering coefficient, color temperature and service life. As the core component of lighting fixtures, LED lighting drives will also have great development potential as the demand for lighting market increases.
As a leading company in the domestic power industry, Igor Electric will usher in a new round of "takeoff" under the boost of capital power after listing!
Floating Board To Board Connector
FLOATING Board to Board Connector
FLOATING Board-to-board (BTB) connectors as the name indicates is used for connecting circuits board together. This kind of connectors are suitable for stacking circuits boards one over another. Flat flexible cables can be avoided using these kinds of connectors; moreover it makes the entire unit more compact. The commonly used BTB connectors are SMT connectors and Berg Strip. We will discuss about them in detail in the following section.
SMT CONNECTOR
Surface Mount Technology (SMT) connector is a commonly found board-to-board connector in advanced circuit boards. As the name indicates this connector is available only in surface mount model. It is carefully mounted on to the solder pads on the surface of the PCB.
SMT connectors are ideal candidate for miniaturization due to their small area of occupancy and stacking height. They are suitable for double layered or multilayered PCBs. They are designed for high performance and reliability.
They commonly found in advanced circuit boards in networking equipment, telephones, mobile phones, computers and other consumer electronics.
Floating Board to Board Connector
ShenZhen Antenk Electronics Co,Ltd , https://www.antenkconn.com