Yaham 2023 Annual Report Highlight

Founded in 2002, with its headquarters in Shenzhen, China, Yaham is a global leader in advanced LED technology. Over 22 years of steady development, Yaham has established three major brands — YAHAM, RECIENCE and VMX, and has been building a state-of-the-art R&D and production base spanning 120,000 square meters in the Greater Bay Area. Renowned for its reliable quality, Yaham has delivered a great number of innovative LED solutions for prestigious projects worldwide. Trusted by customers, Yaham continues to surpass their expectations with its unwavering commitment to craftsmanship, cutting-edge technology, and delivering exceptional LED solutions.

Business Indicators

R&D Strength

In 2023, Yaham has thoroughly optimized the product structure and significantly increased investment in R&D, resulting in new products revenue contribution rate surpassing 50% and the number of new invention patent applications reaching 10. With customer’s need as our top concern, we provide turnkey solution from project inquiry, pre-sales consulting, manufacturing and after-sales service, transforming your idea into reality.

Employee Development

Yaham emphasizes the common development of the company and employees, continuously building a flat management structure and a sound internal competitive mechanism, encouraging department managers to adopt an entrepreneurial mindset. The first phase of 10% equity incentive for core employees has been completed, laying the foundation for an industry partner system and effectively aligning company growth with personal benefits. With the close collaboration between schools and enterprises, a robust compensation and benefits system, and a thriving corporate culture, Yaham will attract more industry talents, fully unleash their potential, and create greater value.

Zhongshan Base

In 2023, Yaham has carried out the construction of its Greater Bay Area manufacturing base project in Zhongshan Torch Development Zone. It is expected that the facility will cover an total area of approximately 120,000 square meters and add LED production capacity worth 1.5 billion yuan, contributing to the company’s development over the next three years.