Weizhi Holdings Limited (“Weizhi Holdings” or the “Company”, together with its subsidiaries, collectively the “Group”) was founded in Hong Kong and has a history of over 30 years. The Group is one of the top manufacturers of high-quality light-emitting diode (“LED”) backlights and LED lighting products in China. Its business includes product research and development (“R&D”), design, manufacturing, sales, etc. The Group is recognized as the world's largest manufacturer of automotive backlights (based on product shipments). The Group also provides one-stop LED energy management services to provide comprehensive energy management lighting solutions for large commercial organizations and public utilities. The Group recently extended its business to the procurement of semiconductor memory chips to capture increased demand and promote the development of the industry. Since it was successfully listed on the main board of the Stock Exchange of Hong Kong Limited (“SEHK”) on November 18, 2014 (stock code: 1305), the Group has been committed to enhancing its brand value and becoming a leader in China's high-end LED backlighting and lighting industry. Over the years, the Group has closely followed industry trends, actively innovated technology, and achieved outstanding R&D achievements. It has successfully developed more than 1,000 new LED backlight products and more than 100 new LED lighting products in Hong Kong, mainland China, Taiwan and Japan, and has 234 patent qualifications registered in China. The Group has comprehensive production facilities in the three regions of Shenzhen and Huizhou in Guangdong Province and Yichang City in Hubei Province. The Group's products are mainly divided into two categories, which include LED backlight products and LED lighting products. LED backlight products are divided into three categories, which include: 1) Vehicle Displays: 2) TV Displays: and 3) Other Industrial Equipment Displays. The LED lighting business is divided into two major categories, which include commercial lighting and public lighting.
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