The spring tide surges, ushering in a new chapter, as we strive to excel and create brilliance. In the first quarter of 2026, amidst the global LED industry's development pattern where opportunities and challenges coexist, TBC LED broke through the adversity and capitalized on the momentum, delivering an impressive performance report: revenue surged significantly year-on-year, core product sales achieved leapfrog growth, market share continued to expand, profitability significantly improved, and various operational indicators reached record highs for the same period. With its strong development momentum, the company demonstrated its core strength and resilience, writing a new chapter of high-quality development.
Growing against the tide, the company's performance shines red, demonstrating its core strength. Facing the complex environment of accelerated technological iteration and intensified market competition in the LED industry in the first quarter of 2026, TBC LED achieved rapid growth in performance thanks to its precise strategic layout, excellent product quality, and efficient market operation. In this quarter, the company's revenue increased by over 30% year-on-year, and sales of core LED display and lighting products increased by over 40% year-on-year. Among them, sales of high-end Mini/Micro LED products surged, becoming the core engine driving performance growth. This achievement not only breaks the common trend of "quantity-revenue divergence" in the industry but also confirms TBC LED's foresight in product layout and market development, demonstrating the company's strong confidence in steadily advancing amid industry fluctuations.
Driven by technology and empowered by innovation, we have laid a solid foundation for development. The remarkable progress in our performance stems from TBC LED's continuous and unremitting pursuit of technological innovation. As a leader in technological innovation in the LED industry, the company has always prioritized R&D investment. In the first quarter, we continued to increase our R&D efforts in cutting-edge technology areas such as Mini/Micro LED and COB packaging, breaking through multiple core technology bottlenecks and achieving comprehensive upgrades in product performance. Relying on our self-developed high-brightness, low-power consumption, and high-reliability LED chip technology, our products far exceed the industry average standards in color gamut performance and energy efficiency levels. They are widely used in high-end scenarios such as smart commercial displays, automotive lighting, outdoor advertising, and virtual shooting, and have gained high market recognition. At the same time, the company has optimized its production processes and improved production efficiency, achieving both high-quality growth and stock upgrades, injecting continuous technological momentum into performance growth.
Deepening market penetration and expanding growth opportunities through comprehensive global layout. On the basis of consolidating the domestic market, TBC LED actively promotes its globalization strategy. In the first quarter, overseas market revenue increased by over 50% year-on-year, with particularly outstanding performance in emerging regional markets such as Southeast Asia, Europe, and Latin America. Adhering to the concept of "localized operation", the company has established service centers in key overseas regions, formed professional local sales and technical teams, precisely met regional market demands, and launched customized products and solutions tailored to local scenarios - optimizing product weather resistance for high-temperature and high-humidity environments in Southeast Asia, upgrading product energy consumption design to align with European green and low-carbon policies, and seizing market opportunities with differentiated advantages. In the domestic market, the company has deepened its penetration into high-value-added fields such as smart cities, rail transit, and educational lighting, winning multiple key projects, further expanding its market influence and share.
Uniting our efforts and working diligently to forge a synergistic force for development. Behind the achievements lies the result of all TBC people uniting their efforts and striving bravely. The company adheres to the "people-oriented" concept, builds an efficient and collaborative operation system, optimizes management models, reduces internal communication friction, and fully stimulates the enthusiasm and creativity of employees. From the day and night research and development of the R&D team to the pursuit of excellence on the production line, from the charge and breakthrough of the sales team to the thoughtful support of the service team, every TBC person, with full enthusiasm and a pragmatic style, goes all out to promote the high-quality development of the enterprise, forming a powerful synergy of unity and diligent work.
Spring heralds a new journey, and it is the right time to forge ahead. TBC LED's breakthrough in performance in the first quarter is not only the culmination of past accumulation but also a brand-new starting point for future development. Standing at a new historical juncture, TBC LED will continue to prioritize technological innovation, be guided by market demand, deeply cultivate in the LED field, expand into high-value scenarios, continuously enhance its core competitiveness, strive to write a new legend of performance growth, and contribute greater strength to the high-quality development of the global LED industry!
Uw bericht moet tussen de 20-3.000 tekens bevatten!