LONGT Strives to Implement IPO and Seize the Profound Commercial Opportunities in Smart City Illumination

Guotai Junan Securities had announced several days ago that LONGT plans to offer common stocks in RMB for the first time and go public, and had completed the pre-listing tutoring at the Jiangsu securities regulatory bureau on October 23rd, with on-going tutoring from Guotai Junan right now.

Striving for Smart City Illumination, and Aiming for the Market of 5G Smart Street Lights

Established in 2001, LONGT is an integrated service provider for smart city illumination, and offers “integrated” services including product R&D, illumination design, manufacturing, construction, and maintenance. The company has cultivated in fields of smart city, road illumination, and landscape lighting for many years, and has acquired both the level 1 professional contracting of urban and road illumination, as well as the level design standard for illumination engineering.

LONGT had exhibited the modulated smart multi-function pole at the Guangzhou International Lighting Exhibition last year, and the series of products can adopt smart devices, such as 5G communication base stations, Wi-Fi network, smart and energy-saving street lights, smart security monitoring, smart facial recognition, and drones, through the cloud platform.

LONGT continues to focus on the market of smart city illumination this year by constantly implementing innovation and upgrades for its products on one hand, and actively unfolding the strategic partnership with Unilumin on the other hand, where the two parties will be conducting collaborations on products and services, resource sharing, and system integration in the fields of smart lamp post, smart illumination, and LED monitors.

As reported, LONGT has successfully completed multiple projects of smart city lamp post, and has placed “5G smart street light” as the new direction for strategic investment and development.

Future Revenue Growth Expected for Players Under the Mainstream Trend of Smart City Illumination

The development of urban illumination has climbed to a new height with the incessant propulsion and upgrades in smart city infrastructures, commercialization of 5G technology, and the vigorous promotion of the New Infrastructure Creation in recent years, where the market segments that are closely concatenated with smart city infrastructures, including road illumination, smart lamp posts, landscape lighting, are starting to emit explosive potential.

The emergence of new growth dynamics in the illumination industry has prompted various major suppliers in snatching commercial opportunities and additional market shares.

Furthermore, listed companies such as Unilumin and Mason Technologies are contributing to the development of emerging niche markets including smart street lights and landscape lighting, as well as actively participating in the tenders of construction for smart 5G multi-function lamp posts and landscape lighting projects in various areas. Urban illumination businesses, including, NN Lighting, AICA, and Shanghai Luoman, are all striving to achieve IPO, and have been successfully listed. Now, LONGT is also looking to join the array of listed companies, and looks forward to growing sales performance alongside the further expansion in business scale.

(Author: Janice @LEDinside)

Disclaimers of Warranties
1. The website does not warrant the following:
1.1 The services from the website meets your requirement;
1.2 The accuracy, completeness, or timeliness of the service;
1.3 The accuracy, reliability of conclusions drawn from using the service;
1.4 The accuracy, completeness, or timeliness, or security of any information that you download from the website
2. The services provided by the website is intended for your reference only. The website shall be not be responsible for investment decisions, damages, or other losses resulting from use of the website or the information contained therein<
Proprietary Rights
You may not reproduce, modify, create derivative works from, display, perform, publish, distribute, disseminate, broadcast or circulate to any third party, any materials contained on the services without the express prior written consent of the website or its legal owner.

Tokushima, Japan - 6 March 2024: Nichia, the world's largest LED manufacturer and inventor of the high-brightness blue and white LED, has started mass production of the new UV-B (308nm) and UV-A (330nm) LEDs in its popular 434 Series packa... READ MORE

New XLamp® S Line LEDs enhance growth, last longer, lower energy costs Horticulture and other forms of agricultural lighting require application-tuned ratios of spectral content, high efficacy and long lifetimes. Whether you are interested... READ MORE