Zhaochi / Cinda / Op / Debon continued to grow in the first quarter

Just as the industry has been optimistic about the prospects in early 2017, the LED industry has begun to enter a state of rapid recovery: According to the first quarter financial statements of major LED listed companies, the first quarter results are generally good. Nearly 90% of the company's performance net profit has increased, and more than 30% of the enterprises have doubled their profits.

Recently, a number of LED listed companies issued the latest quarterly performance report, among which, Op Lighting and Debon Lighting as new listed companies, their performance has increased significantly.

Op Lighting's first quarter net profit increased by 56.78% year-on-year

The latest quarterly 2017 report of Op Lighting (sh603515) shows that its operating income is 1.2 billion yuan; the net profit attributable to shareholders of listed companies is 49.34 million yuan, an increase of 56.78% over the previous year.

As a comprehensive lighting company integrating home lighting, electrical appliances, kitchen and bathroom ceilings and commercial lighting research and development, production, sales and service, Op Lighting has a professional leading independent research and development team, laboratory and product production line. The business covers LED and traditional light sources, lamps, electrical appliances, kitchen and bathroom ceilings and other fields.

On August 19th, 2016, the domestic lighting industry leader brand Op Lighting successfully landed on the main board of the Shanghai Stock Exchange and was officially listed. The stock is referred to as “Oupu Lighting” with stock code 603515.

Debon Lighting's first quarter net profit increased by 34.65% year-on-year

Debang Lighting (sh603303) recently released the 2017 quarterly report that its operating income was 939 million yuan; the net profit attributable to shareholders of listed companies was 548 million yuan, an increase of 34.65% over the previous year.

Debang Lighting is one of the leading suppliers of green lighting products in China. It is mainly engaged in research, development, production and sales of green lighting products. At present, it has formed energy-saving lamps, LED bulbs and LED indoor application lamps, lighting electronic products and outdoor lighting. Large-scale green lighting products are widely used in civil and commercial lighting.

On March 30, 2017, Debon Lighting (stock code: 603303) opened on the Shanghai Stock Exchange, marking the official launch of Debang Lighting in the A-share main board market, opening a new page in Debang Lighting.

Zhaochi's first quarter net profit increased by 37.50% year-on-year

The latest quarterly 2017 report of Zhaochi (002429) shows that its operating income is 1.795 billion yuan; the net profit attributable to shareholders of listed companies is 143 million yuan, an increase of 37.50% over the previous year.

Based on the LED packaging industry, Zhaochi is engaged in the R&D, production and sales of LED devices and components. The products are mainly used in the two core fields of LED backlight and LED lighting. With solid foundations in product development, internal use, and market development, the company has become one of the major suppliers of LED backlights for LED TVs and mobile phones.

In the field of TV backlighting, the company's core customers include Skyworth, Gaochuang (Suzhou) Electronics Co., Ltd., Konka, etc., and actively develop the international market, and opened up Taiwan's TPV, South Korea's first-line brand customers, etc.; won TCL, Helitai in the field of mobile phone backlight And Lianchuang and other important customers are favored.

In the LED lighting market, the company continues to improve product quality, has been highly recognized by first-line brands at home and abroad, and has become the main source of business growth. Domestic core customers include Foshan Lighting, Sunlight Lighting, Sanxiong Aurora, Yimei Lighting, and Snowlight.

Xiamen Xinda's net profit in the first quarter increased by 40.41% year-on-year

Xiamen Xinda (000701)'s latest 2017 quarterly report showed that its operating income was 9.996 billion yuan; the net profit attributable to shareholders of listed companies was 41.21 million yuan, an increase of 40.41% over the previous year.

In addition, on the evening of July 2, Xiamen Xinda announced that recently, the company's wholly-owned subsidiary Fujian Xinda Optoelectronics Technology Co., Ltd. (hereinafter referred to as “Fujian Xinda Optoelectronics”) received the Quanzhou (Hutou) Photoelectric Industrial Park in Fujian. The Notice of the Management Committee (hereinafter referred to as “the Management Committee”) on the allocation of financial subsidies for Fujian Xinda Optoelectronics Technology Co., Ltd.

According to the investment situation of Fujian Xingda Optoelectronics in the LED optoelectronic industry of Quanzhou (Hutou) Optoelectronic Industrial Park in Fujian and its driving role in industrial development, the Management Committee agreed to allocate relevant subsidies: financial subsidies of 18 million yuan for science and technology; investment investment subsidies 5 million yuan; M&A subsidies of 5 million yuan; other financial subsidies such as industrial development, expansion and income increase, 15 million yuan.

As of the announcement date, Fujian Xinda Optoelectronics has received the above government subsidies totaling 43 million yuan.


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