The energy subsidy policy expired at the end of May in mainland China, resulting in the revenues of LED plants associated with the panel backlight in June are not as good as expected, for example, revenue of Everlight in June may decrease, Everlight started its five-day "Golden Week" holiday from July 4 when the demand has been weak.

The appliance subsidies expired by the end of May in Mainland China, the mainland TV plants have achieved great shipments from early May, causing the revenue of Everlight in May hit a record single-month high, but to June, the demand has clearly decreased, the upcoming revenue announcement of Everlight in June sales will decrease because the shipping in terminal market has slowed.

Bangyan Liu, GM of production business and spokesman of Everlight, said that the revenue in June will not be better than that in May due to inventory factors; revenue of Everlight in May is 2.145 billion Yuan, which is the highest single-month record.

The period from July 4 to next Monday is the company's "Golden Week" to arrange for staff travel. Bangyan Liu said Everlight starts "Golden Week" every year, mainly because the LED industry often picks up the goods in May and June.