Hongli Optoelectronics' revenue in the third quarter increased by 15% year-on-year.

[High-tech LED News] Recently, listed company Hongli Optoelectronics released the third quarter 2011 financial report. According to the report, Hongli Optoelectronics achieved revenue of RMB 129,865,724.89 in the third quarter, up 14.49% over the same period of the previous year; total profit was RMB 19,088,888.61, a slight decrease of 6.10% over the same period of the previous year; net profit was RMB 14,534,365.57, down from the same period of the previous year. 13.83%.

Hongli Optoelectronics successfully listed on May 18 this year. Hongli Optoelectronics said that through the public offering of shares, it raised 466.16 million yuan. The company's asset scale and operating strength have been greatly improved, and its comprehensive competitiveness has been further strengthened. Hongli Optoelectronics said it will further consolidate its position as a leader in domestic white LED devices.

The announcement shows that Hongli Optoelectronics has obtained 4 legal ownership rights of trademarks, including 2 overseas registered trademarks. The technology research and development and independent intellectual property rights declaration work continued. The company obtained 24 patents in the third quarter of 2011, including 1 invention patent and 1 new patent application.

Hongli Optoelectronics also announced the progress of the company's major cooperation issues this year. It and the South China Normal University jointly announced the "Guangdong Province Joint Training Graduate Demonstration Base", which is under review;

On August 19th, 2011, Hongli Optoelectronics cooperated with Guangzhou Jingrui Information Technology Co., Ltd. to declare the “Technology and Industrialization of Power LED Core Technology” in the 2011 Guangzhou Science and Technology Plan Project, which has passed the preliminary review;

On September 5, 2011, Hongli Optoelectronics cooperated with Jingke Electronics (Guangzhou) Co., Ltd. and Guangzhou Hong Kong University of Science and Technology Huo Yingdong Research Institute to declare the second batch of provincial strategic emerging industry special funds LED industry project "based on large-scale integrated circuit technology. The development of new high-efficiency and high-power LED chip technology and the industrialization of its application products have passed the formal review;

The national high-tech enterprise review materials submitted at the end of June 2011 were included in the list of the first batch of public high-tech enterprises to be reviewed in Guangdong Province at the end of August, and are now being approved for public announcement.

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