On 19 October, Elec-Tech International Co., Ltd. announced that it plans to shut down the LED display business by taking the operation in 2020 into consideration in order to reduce losses, integrate business of listed company, optimize business and asset structure and ensure future healthy running of listed company. By 30 June, 2020, the operating income of the LED display business to be shut down accounted for 4.91% and 2.97% of the company's operating income in 2019 and the first half of 2020 respectively, and the net profit of the business accounted for -9.75% and 4.32% of the company's net profit in 2019 and the first half of 2020 respectively.