Nova tovarna Litestar v Huizhouju

It’s a trend that most of the larger scale LED display manufacturers moving out of Shenzhen since the factory rental fees and daily operating cost is becoming higher and higher here. Our management team has been thinking about move our factory to a cost-effective area as well, Huizhou is the best choice among those optional cities. It’s a fast-developing city with 5 million population, manufacturing industry rapidly developing and supporting industry and relevant supply-chains are complete.

Huizhou is a city adjacent to Shenzhen and it’s only one hour trip from Shenzhen. We purchased this building so we will no longer have to pay the factory rent monthly. It’s a challenging decision when the market is down turning at this special period due to the COVID, we believe that when the business warming up in the near future, we will corner overtaking most of the competitors soon.

The main building is going to complete soon and we are scheduled to decorate the workshop and office next step. Expecting that we will move our factory there next year 2022. Looking at the way forward, there’s an expective and bright future ahead of us.