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Policy is beneficial to Ocean King to increase investment in LED lighting products
According to the latest disclosure information of the Shenzhen Stock Exchange Interactive Platform, on May 22, Ocean King hosted research by Huaxia Fund, Hangzhou Harvest Investment, and Essence Securities. In the survey, Ocean King revealed that the current external environment has changed, China Manufacturing 2025, the Belt and Road Initiative, and the construction strategy of the maritime powers will drive the substantial growth of fixed asset investment, which will bring opportunities for the company's future development. However, the sluggish demand of traditional industries such as coal and metallurgy is the challenge that the company is currently facing. In addition, LED has been widely used in civil lighting and commercial lighting. In order to better meet customer needs, LED products in the special environmental lighting industry will continue to increase. In the future, the company will increase investment in LED lighting products. Specifically, Ocean King said that each industry division of the company has sales and research and development of LED products. At present, the company's LED products account for a small proportion, the company will increase investment based on the advantages of LED products according to customer needs. It is worth noting that the organization is very concerned about whether the Ocean King will enter a new field. In this regard, the company said that it will evaluate new areas to be entered according to market strategy and customer needs, and the new areas to be entered should be related to the company's existing The business forms an effective complement. Industry chain integration is a systematic work. The company will focus on the future development needs, pay attention to the enterprises with unique competitive advantages in the industry, and accelerate the company's development from the aspect of industrial integration.