Nanchang plant capacity release, Hongli Zhihui LED business is expected to continue to grow

Hongli Zhihui is expected to resume growth in 2017 due to non-operating profit and loss.

In 2016, Hongli Zhihui's performance report showed. In 2016, it achieved operating income of 2.235 billion yuan, an increase of 40.36% over the same period of the previous year. The net profit attributable to shareholders of listed companies was 125 million yuan, a decrease of 17.93% from the same period of the previous year.

Next, with the release of the company's Nanchang plant capacity and orders from quality customers, the LED business is expected to take it to the next level.

As the company's LED production base invested and built in Nanchang was gradually put into production, the company's production capacity in the LED industry chain continued to expand. During the reporting period, the company strengthened its market expansion efforts in Russia, the United Kingdom, South Korea, India, Brazil, Spain, and the Czech Republic. Such countries or regions have established agent outlets to provide fast and timely services and products to customers around the world.

In addition, Hongli Zhihui is also actively deploying new areas such as infrared security, UV curing, and deep ultraviolet disinfection to integrate industrial resources.

At the same time, actively promote the car networking strategy, mergers and acquisitions can be expected.

New energy vehicles are the development direction of the future car, not only efficient and energy-saving, but also the best breakthrough in the upgrading of the automotive industry in the context of the increasing proportion of automotive electronics, the accelerated deployment of car networking, and the rapid development of automatic driving.

On November 15 last year, the Ministry of Industry and Information Technology issued a notice stating that since January 1, 2017, all new energy vehicles need to be equipped with vehicle terminals, and the vehicle and power battery will be monitored through the enterprise monitoring platform, and relevant information will be uploaded to the locality. Monitoring platform.

At the same time, the travel service market is also an important node in the automotive industry. “New energy timeshare leasing”, “shared leasing”, “network car” and “traditional leasing” have become hot topics in travel services. The provider's market is almost blank, and the current solution using car networking technology is almost blank. These will be important target markets for the future of the Internet of Vehicles.

Since the strategic goal of “LED+Car Network” dual main business, Hongli Zhihui has actively deployed the car networking industry on the premise of making the LED main business bigger and stronger.

Since the second half of 2015, Hongli Zhihui has participated in the car networking standards such as Dina Technology and Zhuhang School Bus. The acquisition of the company is beneficial to the development of the Hongli Zhihui car networking business. It is expected that the company will continue to actively deploy in the car networking industry through various means and channels in the future, and the long-term optimistic car networking business.