With the development of the times, the application of LED lamps is becoming more and more widespread. The universality of LED lamps has made people realize the broad development prospects of this industry, so they have actively integrated into this popular "sweet cake".

As of 2010, there were over a hundred manufacturers producing high-power LED for lighting in China, and the quality of the high-power LED produced varied. Among them, Jiangsu Hengyuan Lighting Co., Ltd. achieved innovation in substrate materials, production processes, and other aspects based on the structure of high-power LED devices using PCBs.

At present, foreign manufacturers mainly represent the highest quality high-power LEDs in the market with Cree and Philips Lumileds, accounting for over 90% of the global high-end high-power LED market. Cree's products have become the mainstream of high-power LEDs due to their wide variety, complete range of high-power LED specifications, high production capacity, and stable supply. However, high-power LEDs produced in Taiwan, China, China, account for most of the middle end market, and their high-power LEDs have a high cost performance ratio.

The production of LED street lights for enterprise lighting accounts for over 60% of the domestic market, with an average gross profit margin of around 30%. At present, domestic enterprises can compete with top global manufacturers in packaging technology, so compared to imported devices, domestic packaged power LED devices for lighting have a significant comparative advantage, and the price is also on par with Taiwanese products.