BRIGHT — Interim / Quarterly Report 2020

Nov 10, 2020

BRIGHT LED ELECTRONICS CORP. 2020 Institutional investors’ conference

BRIGHT LED ELECTRONICS CORP. 2020 Annual Results

==> picture [49 x 49] intentionally omitted <==

BRIGHT LED ELECTRONICS CORP.

Conference Agenda

• Greeting

• Company Profile

• 2020 Q1~Q3 Financial Results

• Existing Product Applications

• Future R&D Applications

• 2021 Company Development and Operation Outlook

==> picture [41 x 58] intentionally omitted <==

==> picture [49 x 49] intentionally omitted <==

BRIGHT LED ELECTRONICS CORP.

Disclaimer

• The consolidated financial numbers are based on International Financial Reporting Standards(IFRS) and also audited by CPA.

• Bright LED Electronics Corp. does not disclose any financial forecast. Any explanation regarding to the company in this presentation, if involving any insight of the company’s future prospects or its industrial development, may possibly be discrepant with the future outcomes. The company will not take the initiative to update.

• • This presentation and its contents may not be reproduced to a third party without the prior written consent of the Company.

==> picture [41 x 58] intentionally omitted <==

==> picture [49 x 49] intentionally omitted <==

BRIGHT LED ELECTRONICS CORP.

Company Profile

Foundation ： June, 1981 IPO ： July, 2002 Headquarter ： Banqiao Dist., New Taipei City, Taiwan Capital ： NT$ 1.816 billion Chairman ： Tsung-Jen, Liaw Main Products ： LED components, LED modules, LED Lighting products

==> picture [49 x 49] intentionally omitted <==

BRIGHT LED ELECTRONICS CORP.

Investment Structure Chart

==> picture [168 x 111] intentionally omitted <==

==> picture [169 x 106] intentionally omitted <==

==> picture [171 x 95] intentionally omitted <==

==> picture [168 x 108] intentionally omitted <==

==> picture [312 x 428] intentionally omitted <==

----- Start of picture text -----

BRIGHT LED
ELECTRONICS CORP.
BRTLED Group 1
DongGuan Bright LED
KoBrite Corporation
Electronics Ltd.
100% .1 93% .1
KoBrite Taiwan
Henan Bright Crystal
Corporation
Company Limited
86% .
69% .
American Bright
DongGuan Bright Rise
Optoelectronics
Circuit Board Corp.
Corporation
60% . 46% .
Powertip Technology
DongGuan E-run
Corporation
Electronic Product Ltd.
12% .
23% .
----- End of picture text -----

==> picture [191 x 95] intentionally omitted <==

==> picture [188 x 108] intentionally omitted <==

==> picture [196 x 91] intentionally omitted <==

==> picture [192 x 101] intentionally omitted <==

Global Sales Channel

==> picture [167 x 191] intentionally omitted <==

----- Start of picture text -----

Zhumadian
sales channels
manufacturing base
----- End of picture text -----

• We provide perfect services to satisfy customers’ needs.

• Competitive technical teams provide prompt total

• solutions.

==> picture [49 x 49] intentionally omitted <==

BRIGHT LED ELECTRONICS CORP.

BRTLED Group Product

Diversified integration-Reliable & Practical

==> picture [111 x 62] intentionally omitted <==

----- Start of picture text -----

PCB
----- End of picture text -----

==> picture [115 x 48] intentionally omitted <==

----- Start of picture text -----

LED Chips
----- End of picture text -----

==> picture [113 x 49] intentionally omitted <==

----- Start of picture text -----

Sapphire
----- End of picture text -----

==> picture [173 x 58] intentionally omitted <==

----- Start of picture text -----

Lead frame
----- End of picture text -----

==> picture [157 x 122] intentionally omitted <==

----- Start of picture text -----

BRTLED
----- End of picture text -----

==> picture [192 x 63] intentionally omitted <==

----- Start of picture text -----

Construction
----- End of picture text -----

==> picture [224 x 100] intentionally omitted <==

----- Start of picture text -----

LED
Components
----- End of picture text -----

==> picture [200 x 60] intentionally omitted <==

----- Start of picture text -----

LED Lighting
----- End of picture text -----

==> picture [154 x 100] intentionally omitted <==

----- Start of picture text -----

LED
Module
----- End of picture text -----

==> picture [49 x 49] intentionally omitted <==

BRIGHT LED ELECTRONICS CORP.

Consolidated Income Statement

Unit: NT$ thousand except earnings per share

amounts Item \ Period	2020Q1~Q3	2020Q1~Q3	2019Q1~Q3	2019Q1~Q3	YoY	YoY
	Amount	%	Amount	%	Amount	%
Operating revenue	998,055	100	1,325,032	100	(326,977)	(25)
Gross profit	263,127	26	322,270	24	(59,143)	(18)
Operating income	64,206	6	106,212	8	(42,006)	(40)
Net income	89,118	9	181,113	14	(91,995)	(51)
Net income attributable to parent	88,670	9	183,111	14	(94,441)	(52)
Earnings per share(Note)	0.51	-	0.98	-

Note: The earnings per share are calculated on the basis of the weighted average number of outstanding shares in the current period.

Consolidated Balance Sheet

Unit: NT$ thousand

Item \ Period	2020/9/30	2020/9/30	2019/12/31	2019/12/31	2019/9/30	2019/9/30
	Amount	%	Amount	%	Amount	%
Assets	3,175,721	100	3,533,587	100	3,595,526	100
Cash and cash equivalents	817,989	26	783,088	22	799,451	22
Accounts and notes receivable	432,755	13	461,466	13	548,040	15
Inventories	195,148	6	219,348	6	220,429	6
Property, plant and equipment	494,495	16	537,937	15	569,685	16
Other assets	1,235,334	39	1,531,748	44	1,457,921	41
Liabilities	539,817	17	686,575	20	668,309	19
Current liabilities	482,253	15	556,064	16	612,339	17
Non-current liabilities	57,564	2	130,511	4	55,970	2
Equity	2,635,904	83	2,847,012	80	2,927,217	81

Consolidated Statement of Cash Flows

Unit: NT$ thousand

Item \ Period	2020 Q1~Q3	2019 Q1~Q3
Cash and cash equivalents at beginning of period	783,088	771,126
Net cash flows from (used in) operating activities	276,084	212,749
Net cash flows from (used in) investing activities	21,482	73,469
Net cash flows from (used in) financing activities	(240,034)	(237,149)
Effect of exchange rate changes on cash and cash equivalents	(22,631)	(20,744)
Cash and cash equivalents at end of period	817,989	799,451

Revenue Proportion

2020 Q1~Q3 Revenue Proportion

Invisible LED Visible LED Constructions Others

==> picture [49 x 49] intentionally omitted <==

BRIGHT LED ELECTRONICS CORP.

Diversified Applications- Now

==> picture [322 x 435] intentionally omitted <==

----- Start of picture text -----

Consumer Electronics Application
Home Appliance Application
----- End of picture text -----

==> picture [322 x 435] intentionally omitted <==

----- Start of picture text -----

LED Display Application
Security Control Application
----- End of picture text -----

Diversified Applications- Now

==> picture [322 x 219] intentionally omitted <==

----- Start of picture text -----

Sensor & Remote Application
----- End of picture text -----

==> picture [322 x 219] intentionally omitted <==

----- Start of picture text -----

Medical Equipment Application
----- End of picture text -----

==> picture [322 x 219] intentionally omitted <==

----- Start of picture text -----

Office Equipment Application
----- End of picture text -----

==> picture [322 x 219] intentionally omitted <==

----- Start of picture text -----

Aviation Application
----- End of picture text -----

Diversified Applications- Now

==> picture [322 x 441] intentionally omitted <==

----- Start of picture text -----

LED Lighting Application
Automotive Application
----- End of picture text -----

==> picture [323 x 219] intentionally omitted <==

----- Start of picture text -----

LED Signal & Sign Application
----- End of picture text -----

==> picture [323 x 219] intentionally omitted <==

----- Start of picture text -----

Smart Meter Application
----- End of picture text -----

Diversified Applications- New

==> picture [527 x 312] intentionally omitted <==

----- Start of picture text -----

Automated Machinery application
Bank card
guide
lighting
Button indicator
LED lighting
----- End of picture text -----

Diversified Applications- New launch

PD+ various IC packaging

==> picture [106 x 172] intentionally omitted <==

==> picture [218 x 105] intentionally omitted <==

==> picture [194 x 123] intentionally omitted <==

==> picture [133 x 156] intentionally omitted <==

Multi-spectrum high-precision detection

==> picture [113 x 160] intentionally omitted <==

==> picture [174 x 117] intentionally omitted <==

==> picture [117 x 86] intentionally omitted <==

==> picture [185 x 124] intentionally omitted <==

==> picture [49 x 49] intentionally omitted <==

BRIGHT LED ELECTRONICS CORP.

Diversified Applications- New launch

Photo Relay RGB+ various IC packaging

==> picture [268 x 82] intentionally omitted <==

==> picture [227 x 127] intentionally omitted <==

==> picture [241 x 128] intentionally omitted <==

==> picture [166 x 157] intentionally omitted <==

==> picture [145 x 104] intentionally omitted <==

==> picture [295 x 192] intentionally omitted <==

==> picture [49 x 49] intentionally omitted <==

BRIGHT LED ELECTRONICS CORP.

Diversified Applications- Future

UVB 311nm packaging UVC packaging

==> picture [308 x 183] intentionally omitted <==

==> picture [290 x 183] intentionally omitted <==

==> picture [182 x 147] intentionally omitted <==

==> picture [322 x 182] intentionally omitted <==

==> picture [49 x 49] intentionally omitted <==

BRIGHT LED ELECTRONICS CORP.

Diversified Applications- Future

Ozone detector

==> picture [142 x 172] intentionally omitted <==

==> picture [149 x 161] intentionally omitted <==

==> picture [156 x 170] intentionally omitted <==

MID-IR wavelength/ Optical gas sensor

==> picture [315 x 152] intentionally omitted <==

==> picture [309 x 119] intentionally omitted <==

==> picture [49 x 49] intentionally omitted <==

BRIGHT LED ELECTRONICS CORP.

Diversified Applications- Future

Special wavelength LED packaging

==> picture [263 x 120] intentionally omitted <==

==> picture [303 x 137] intentionally omitted <==

Various sensors packaging

==> picture [200 x 97] intentionally omitted <==

==> picture [135 x 129] intentionally omitted <==

==> picture [272 x 154] intentionally omitted <==

==> picture [49 x 49] intentionally omitted <==

BRIGHT LED ELECTRONICS CORP.

Development and Prospects in 2021

• Customize LED product design

• Expand diversified products’ packaging

• Lean management Sustainable development

==> picture [65 x 59] intentionally omitted <==

==> picture [49 x 49] intentionally omitted <==

BRIGHT LED ELECTRONICS CORP.

==> picture [720 x 72] intentionally omitted <==

==> picture [98 x 92] intentionally omitted <==

Brighter World Brighter Life 更明亮的世界、更明亮的人生

http://www.brtled.com

==> picture [29 x 41] intentionally omitted <==

==> picture [49 x 49] intentionally omitted <==

BRIGHT LED ELECTRONICS CORP.