Ledman’s Manufacturing Center was Successfully Moved

On Oct.22nd, 2012, the manufacturing center of Ledman Optoelectronic Co., Ltd. (Stock Code: 300162) was successfully moved to Ledman Industrial Park in Huizhou, which belongs to Ledman Optoelectronic HZ Co., Ltd, a wholly owned subsidiary of Ledman Optoelectronic Co., Ltd.

Ledman Optoelectronic HZ Co., Ltd. is located in HZZK Hi-tech Industrial Zone, covering an area of more than 50,000 square meters and the building area is about 100,000 square meters, consisting of one comprehensive administrative building, two production buildings, two dormitory buildings, green belt, staff entertainment areas and other related devices. The overall investment is about ￥29,500,000.00 or about $4,700,000.00.

The whole company has been prepared a long time for this move so that employees won’t be abstracted, production won’t be temporarily interrupted and orders can be delivered without any delay. In this time when competition becomes increasingly fierce in LED industry, many of our competitors even gent bankruptcy, yet Ledman’s 3rd Quarter report shows a steady growth on our revenue. The establishment and service of our new manufacturing center will greatly increase our production capacity, shorten our standard lead time, meanwhile, R&D strength will be enhanced due to superior hardware satisfaction. These will all work for and distribute to realize Ledman’s long term business plan and target.