Taiwan's Yuefeng's consolidated revenue in February was 234 million yuan, and the Taiwan dollar increased by 16%.

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Taiwan's Yuefeng self-financing parent company's February revenue of 97.26 million Taiwan dollars, up 13.03% from January, while the investment in the sapphire single crystal factory Taiju Optoelectronics, February revenue continued to climb to 59.32 million Taiwan dollars, For the third consecutive month, the monthly growth rate was 39.84%; the overall Yuefeng combined revenue was about 234 million Taiwan dollars, a monthly increase of 16.42%.

Yuefeng said that due to the February workday reply, Taiju Optoelectronics bottomed out due to customer inventory, and Japanese, Korean and North American customers joined the delivery, resulting in revenue growth. Yuefeng said frankly that the current LED market demand is not strong, and the revenue of Taiju Optoelectronics will not rise sharply in the short term.

Yuefeng said that at present, the inventory level of Taiwan's sapphire substrate slicing factory or LED upstream grain factory is at a low level, but the market conditions are still unclear, so the order visibility is not long. The estimated revenue in March is still slowly increasing. In the middle, the performance of the follow-up subsidiaries will be clear after the LED market is clearer.

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