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Ye Jian, general manager of Baishi Optoelectronics, said that the company's rapid development momentum and growing corporate competitiveness are the main reasons why Baishi has been favored by the capital market. He said that this year's performance of Baishi continued the strong growth momentum in 2010. In the first half of the year, the sales target was exceeded. It is expected that the sales performance of Baishi will reach a greater breakthrough in 2011.
Later, Ye Jian also shared with the guests attending the ceremony the corporate culture of Baishi and how the company shoulders more social responsibilities, and explored the cultural essence of the rapid growth of Baishi.
Su Ning Mayor Hu Changsheng said in his speech that the signing of the cooperation agreement between Baishi and strategic investors is a great event for Suining, which indicates that the company will gain more development space and a higher capital platform.
He stressed that the municipal government will vigorously support and encourage competent enterprises to seek financing opportunities in the capital market, accelerate the pace of financing, and make enterprises bigger and stronger.
It is understood that Baishi Optoelectronics is the first batch of electronic enterprises introduced by Suining. It has now developed into the largest LED light source manufacturer in Southwest China, and its comprehensive strength ranks among the top 10 high-tech enterprises.
At present, Baishi sets LED light source, LED lighting, LED display research and development, production and sales as one. The products are sold to the domestic market, European market, North American market, Japan and Southeast Asia. Baishi is also among the top five companies in the display industry. Most of the brands have established strong partnerships, with 80% of the company's sales revenue coming from the top 20% of the industry's customers.
In 2010, the value of LAMP LED display light source was the first in the country. In 2011, LED white light lighting products were among the best. The outstanding achievements attracted the attention of the industry. At the same time, it also attracted the attention of many strategic investors.
Baishi’s 2011 performance is “fabulous†and is favored by the capital market.
On September 9, Baishi Optoelectronics held a signing ceremony for financing in the Suining Development Zone in Sichuan, officially introducing strategic capital, and building a good capital platform for the rapid development of Baishi. Cui Baohua, secretary of the Sichuan Suining Municipal Party Committee, Mayor Hu Changsheng, general manager of the Baishi Company, Ye Jian, and other government leaders and corporate leaders attended the signing ceremony and delivered speeches. In addition, nearly 100 people from the relevant government departments of Suining City and the Baishi executive team witnessed This historic moment.