Mulinsen: Exploring overseas markets by leveraging the popularity of filament lamps and LED tubes

Mulinsen (002745) 2017 annual performance online briefing was held on the panoramic network on Friday afternoon. Sun Qinghuan, chairman of the board of directors, said that Mulinsen will increase the finished product manufacturing business and leverage the popularity of filament lamps and LED tubes to open up overseas markets. In addition, after the completion of the acquisition of LEDVANCE, the company will leverage its internationally renowned brands such as OSRAM and Xiwannian. Channels from more than 140 countries around the world will be the world's top three lighting groups. Regarding the exchange rate, the financial department has always prepared for the exchange rate risk.

According to the annual report, Mu Linsen achieved revenue of 8.17 billion yuan last year, a year-on-year increase of 48%; net profit reached 670 million yuan, a year-on-year increase of 41%.

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