Today marks the 13th anniversary of Kinglumi group, a prominent LED lighting manufacturer in Shenzhen that's committed to offering pioneering and energy-efficient lighting solutions for contributing to keeping our planet clean and green. The anniversary celebration begins with giving the wonderful gifts to all employees, which's followed by lottery events as well as the evening dinner party, etc.
Since established in 2005, Kinglumi defines itself as a game changer for the lighting industry by pushing the limits of lighting innovation and revolution instead of just providing LED lights and services. From acting as the first company showcasing the high power PAR30 LED lights at the Frankfurt Lighting Fair( Light + Building) to becoming a top three LED track lights exporter in China, the success we achieve each time is due to our consistent efforts on lighting innovation and adhering to quality first development strategy.
To keep competitive in the increasingly fierce lighting market, Kinglumi puts the focus on the new lighting technology research and development and keeps strategic cooperation with some prominent lighting institute such as working with the Harbin Institute of Technology to establish the first domestic LED thermal design joint research center in 2011. On top of that, we also actively cooperate with some world-renowned lighting companies such as Cree and Sharp for designing and developing the cutting-edge LED lighting technologies and meanwhile optimizing the lighting capabilities.
In 2018, under the relentless efforts of each Kinglumi staff, we make tremendous progress in terms of new products development, sales revenue as well as some strategic changes relating to the company development. As with the new LED lights development, we launched a large number of innovative and energy-efficient LED lighting systems this year which include our flexible Xline LED linear light systems that cover track-mounted, suspended, recessed , surfaced and drop ceiling installations, along with the wide range of independent constant current new LED drivers that stand out for loop-through, strain-relief design.
Additionally, there are several types of new LED lights coming soon including Evolite Plus Down lights, Hicontrast MR16 LED modules and track lights as well as Evolite ranges of innovative light fixtures. Apart from developing these cutting-edge light fixtures, we also unveiled some advanced LED lighting control solutions such as tunable white and smart wireless control through the app, DALI II dimming lighting control, etc.
For the domestic lighting market, a great change has taken place to Kinglumi in 2018 for the outdoor Urban & Landscape lighting market in China. Although 2018 marks the first year for us to step into domestic Urban & Landscape lighting scenario, we are proud to announce we have already delivered comprehensive facade lighting solutions and services for some five-star hotels in China and meanwhile form the long-term and strategic business cooperation with them.
To expand the production capacity, we are going to move to a much bigger new factory that covers a total of 20,000sqm at size later this year. The move will mark a new milestone of Kinglumi company development and effectively help shorten the lead time of LED lights manufacturing. In the future, Kinglumi will continue the efforts on the lighting innovation and put the focus on the quality control as well as offering clients from both at home and abroad wonderful, satisfactory and brilliant lighting solutions and services.