Konka Precision Mould Plastic Gives Up 3% Stake in Refond

Refond Opto announced Monday night, shareholder Konka Precision Mould Plastic (Konka) sold out more than 3.02 percent of its stake in the Chinese LED manufacturer, according to a Sinai report.
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Refond CEO Sheds 5 Million Company Stocks

Refond Optoelectronics recently announced its largest shareholder and company CEO Gong Weibin has sold out 5 million stocks, or about 2.29 percent of shares on Sept. 11, 2014, according to a Securities Times report.
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Refond Corrects Earlier Announcement of Shares Purchased from LT Photoelectricity Technology

Last Friday, Refond Optoelectronics (Refond) announced the acquisition of 13.04 percent share of Shenzhen LT Photoelectricity Technology Co. for RMB 30 million (US $4.9 million) through a preferred stock purchase agreement signed with Peng Xiaoling and Wang Weiquan. Refond however has corrected the announcement, reporting that the company purchased 15 percent share.
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Refond and Jufei Profit in 2013 as LED Market Flourishes

Refond Optoelectronics and Jufei Optoelectronics report 2013 fiscal year financial performance. 
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Refond Estimates LED Lighting Performance to Increase 20%-34%

Refond Optoelectronics released their performance report for 2013 on January 14th. The company estimates that market listed company shareholder net profit will reach between RMB 56 million and RMB 63 million (US $9.3 million and US $ 10.4 million), growth of 20-34 percent YoY. Net profit in 2012 was RMB 46.86 million.
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Refond to Strengthen Competitiveness in LED Industry through Joint Venture

Refond announced the establishment of a new holding subsidiary in Changzhou on December 10th, 2013 through joint investments with Li Yanpeng and Pan Hongme to strengthen the company’s competitiveness in the LED industry.
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Refond Enters Joint Venture with TCL and Yu Star Enterprise

Shenzhen Refond Optoelectronics Co., Ltd. announced on November 13th that the Refond joint venture proposal with TCL and Yu Star Enterprise was passed during the second annual board of directors 5th deliberation meeting held on July 16th, 2013.
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Cree announces the commercial availability of the XLamp® XD16 LED, the industry’s first Extreme Density LED, which delivers up to 5 ½ times higher lumen density than Cree’s previous generation of high power LEDs.


LG Innotek today announced that the company has developed the world's first 100mW (mill watts) UV-C LED. This development is 2 years ahead of the industry forecast that predicted its development would be successful by 2020.