The company released its Q3 report, with net profit in the third quarter surging by 2167.76%.

On the noon of October 14, Focus Lightings took the lead in releasing its third-quarter report for 2021.

In the first three quarters of 2021, the company achieved Revenue of RMB 1.479 billion, a Year-on-year (YoY) increase of 47.09%. The Net profit attributable to shareholders of the Listed company was RMB 133 million, a Year-on-year (YoY) increase of 709.56%. In the third quarter alone, Revenue reached RMB 518 million, a Year-on-year (YoY) increase of 32.07%, and Net profit attributable to shareholders of the Listed company was RMB 63.18 million, a Year-on-year (YoY) increase of 2167.76%.

During the reporting period, Jucan Optoelectronics focused on its core business and achieved steady, rapid growth. Benefiting from the sustained upturn in the LED chip industry, particularly strong demand in the mid-to-high-end chip market, the company's products—represented by backlight, high luminous efficacy, and flip-chip solutions—offer high added value and strong market competitiveness. The product mix of chips has been continuously optimized, sales prices have steadily increased, and the trend remains stable and clear.

Jucan Optoelectronics stated that the company has consistently operated at full production and sales, with stable release of production capacity. Under the forward-looking layout of the management team, all employees have worked together in unity. The fundraising project for capacity expansion is being implemented in an orderly manner as planned. In the future, mass production of high-end LED chip products, including Mini/Micro LED, automotive lighting, and high-power applications, is expected.

In addition, on September 29, 2021, the Company completed the profit distribution for the first half of 2021, increasing its total share capital from 302,017,637 shares to 543,631,746 shares. The timely increase in share capital not only optimized the equity structure and strengthened the Company’s capabilities, facilitating the development of various business operations, but also better rewarded shareholders, enhanced stock liquidity, and helped attract sustained investor attention. Meanwhile, it signaled to the market that the Company is in a rapid growth phase with significant development potential and ample room for expansion.

Jucan Optoelectronics stated that, in the future, the company will consistently adhere to the development strategy of "focusing resources and strengthening its core business," deepen the implementation of the operational strategy of "adjusting structure, improving performance, reducing costs, and creating benefits," take independent innovation as the lead, continuously explore high-end markets, enhance efficiency through continuous innovation, expand equipment to supplement production capacity, and achieve the goal of ranking among the top in production capacity at a single base. In summary, Jucan Optoelectronics believes that the company's business is developing rapidly, with a solid foundation, favorable conditions, long-term positive performance trends, strong resilience, and great potential.