with the pass of 2019, We are coming to the New Year 2020.
2019, its a hard year. The led lighting industry met high cost and low profit, All the cost is going up quickly, such as the rent cost of factory, the cost of workers, the cost of management, etc. Meanwhile, due to the Market transparency, the sale price is lower and lower, the enterprise profit is very edge. at the other hand, due to the trade war of China and USA, the export to USA has greatly drop. it makes some companies who mainly exported to USA have a big influence on sales.
With all MOC People efforts, we have a great success in 2019. Our annual sales turnover has a more 25% increase than last year. The main market is still Europe and America, the sales share of South America has a big increase, especially in Brasil, Mexico, Peru, etc.
In order to extend the market, we had developed a series new products, to give our customers more choice, the high power flood lights is up to 2000W, the new strett lights and flood lights have a great help on sales turnover.
In 2020, we will offer more new products, better service and better quality for our clients.