According to the statistics of China Lighting Association, in 2021, the industry will complete a total export value of 65.470 billion US dollars, a year-on-year increase of 24.50%, of which the export value of LED lighting products is 47.445 billion US dollars, a year-on-year increase of 33.33%, and the export value is after 2020. , once again refreshed the historical record of lighting industry exports. The recovery of overseas markets has also driven the performance of listed companies in the LED lighting industry to boom in 2021. From last year's annual report, a total of 32 LED lighting companies achieved revenue growth, accounting for 82% of the total. In terms of net profit growth, the top three companies are Tailong, Mulinsen and Igor, with growth rates of 362.43%, 284.10% and 278.70% respectively.

Xiao Yansong, secretary of the board of directors of an LED company, said that the company's revenue in 2021 will be 18.6 billion yuan, net profit will be 1.16 billion yuan, and operating cash flow will be 4 billion yuan, of which the contribution of overseas income exceeds 10 billion yuan, accounting for more than 60%. , (last year) both gross and net profit margins were all-time highs. Huang Hailong, general manager of an LED company, said that the company's overseas performance has also increased by more than 50%, of which lighting's performance has increased by 40%, mainly due to the recovery of overseas markets.

Entering 2022, due to the impact of repeated domestic epidemics on the production and material supply of enterprises at the beginning of the year, domestic LED lighting exports in the first quarter suffered a brief "stall". However, since April, the LED lighting export industry has also gradually recovered. According to customs data, the national export value of lamps, lighting devices and their parts in April was 23.46 billion yuan, a year-on-year increase of 7.81% compared with 21.76 billion yuan in April 2021.

Huang Hailong, general manager of a well-known LED manufacturer, said that the entire supply chain has fully returned to normal, which is beneficial to the recovery of production capacity and the development of the entire industry. Overseas, after returning to normal, it took the lead in building landmarks for online celebrity punch-in, crowd diversion, commercial value, and new consumption models, which are roughly the same all over the world. Therefore, the company's overseas orders in April still grew very fast. According to industry insiders, LED lighting products will use light-emitting chips and driver chips. The prices of these two types of chips have begun to fall this year. In addition, the shipping price that was high last year is also falling all the way. This efficiency increase provides favorable conditions.

Xiao Yansong, secretary of the board of directors of an LED company, said that the price of light-emitting chips, such as light-emitting chips, has dropped by about 20% to 30% year-on-year. The price drop of driver chips may be even larger, perhaps around 40%. In terms of freight, because the company's main markets are Europe and the United States, the freight is mainly sea freight, and the decline in freight is also 20% to 30%. The fall in the price of upstream chips and the fall in the price of shipping freight is very helpful for companies to reduce costs and increase efficiency