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In the same period of the annual report of 2020, many listed companies have also released the performance forecast of the first quarter of 2021.
Compared with the same period last year, affected by the epidemic, the resumption of work and production was delayed. In the first quarter of this year, the production and operation of all walks of life have basically returned to the normal level. At the same time, the market demand depressed by the epidemic situation in the early stage continued to release, coupled with the rise of emerging markets, internal circulation and new infrastructure and other favorable policies, LED industry chain even appeared the situation of tight production capacity and short supply of products.
Recently, it was revealed in the research activities that the first quarter is usually the "off-season" of LED application industry according to the general cycle law of orders. However, from the feedback of market front-line information, (the first quarter of 2021) shows that the growth of market demand is relatively obvious compared with the previous two years, and the outbreak of domestic orders in the second half of 2020 still maintains continuity.
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