Mulinsen: Overseas market development is smooth. In the first half of the year, LEDVANCE’s revenue increased by 10.55% year-on-year.

According to recent investor survey records, since 2023, the company has tried to develop new businesses and expand new business growth points based on its existing brand channels, large-scale manufacturing in the LED industry, and the advantages of LED spectrum application technology. For example, in the field of plant lighting, the company's products are mainly divided into bio-shelters, which are mainly used for planting wheatgrass and alfalfa, and smart seedling factories, which are mainly used for planting rice seedlings and vegetable seedlings. In the first quarter of this year, the company's smart seedling cultivation factories were in good demand, and projects were carried out in Chongqing, Henan, Jiangxi, Guangdong, Guangxi and Hainan. Some projects have been completed and delivered, recognized by customers, and have been reported by the media many times as rural revitalization demonstration projects. The bio-shelter project is growing rapidly, and it is cooperating with dairy companies, grass feed companies and large ranches in Xinjiang, Inner Mongolia, Gansu, Shanxi and Jilin. With the continued development of domestic vertical farming and agricultural machinery, the company remains optimistic about the prospects of the plant lighting business.