Snow Wright announced on the evening of October 16 that Fushun Optoelectronics Technology Co., Ltd., a wholly-owned subsidiary, set up Fujian Fushunda Optoelectronics Technology Co., Ltd. in Fujian Province with its own funds of 10 million yuan. The new company has a registered capital of 10 million yuan. Its main business includes R&D, manufacturing and sales of LED display, LED lighting products, road street lamps, solar street lamps and energy-saving lamps, and import and export of self-operated and agent goods and technologies.
Snowlight is no longer stuck in the traditional and LED lighting applications business, but is accelerating the transformation. It is said that Shell is the only company in the market that independently develops and produces consumer-grade, aerial drones, and the drone business ranks among the top three in the industry. Snow Wright's capital-raising drone company, Manta Smart, is founded by several American doctors and drone players, with obvious advantages in product, technology and experience. It is estimated that the snow Wright UAV business in 2015 will achieve 0.5 billion revenues and sales of 17,000. In 2016, the capacity of the Snow Wright drone will reach 50,000 units/month.
At present, the scale of global consumer and aerial survey drones has reached 1.67 billion US dollars. Capital analysts believe that the growth of consumer aircraft and aerial survey drone business exceeds market expectations, and the market has insufficient understanding of the status of the Snowlight drone market. In addition, the market underestimated the future growth of Shell's new LED car headlights.
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