2016 operating income of 6 billion 273 million photoelectric three quasi capital of 138 million Luminus

Yesterday (12) evening, Sanan optoelectronics released 2016 annual report, the reporting period, the sales income of 6 billion 273 million yuan, operating profit of 2 billion 113 million yuan, attributable to shareholders of listed companies net profit of 2 billion 167 million yuan, compared with the same period last year, net profit of sales revenue increased 29.11%, operating profit increased by 40.36%, attributable to shareholders of listed companies growth of 27.86%.

According to industry classification, the reporting period, LED industry (chips, LED products) operating income of 5 billion 612 million yuan, an increase of 24.66%, gross margin was 36.73%, down from last year. Sanan optoelectronics 2016 LED that demand, the second half of the LED chip gross margin rise, new equipment capacity gradually released during the reporting period, gross margin less than the previous year, this is the main period of the previous year and the structure of product sales accounted for by the different.

Sanan optoelectronics is expected in 2017 first quarter net profit attributable to owners of the parent company grew 45% over the previous year - 55%. Net profit attributable to owners of the parent company over the same period last year: 457 million 172 thousand and 600 yuan.

In addition, an optoelectronic intends to own monetary funds of the company, a wholly owned subsidiary of Luminus Inc. $20 million (equivalent to approximately RMB 138 million yuan). Luminus Inc. registered capital of $1 million (equivalent to approximately RMB 6 million 877 thousand yuan), operating range of LED lighting applications R & D and sales. Luminus Inc. as of December 31, 2016, total assets of 206 million 465 thousand and 400 yuan, net assets of 49 million 603 thousand and 300 yuan, the 2016 annual revenues of 190 million 243 thousand yuan, net profit -3697.92 million yuan.

Three said the capital increase is based on its business development status and reasonable layout plan for future development, the rapid development of Inc. business to Luminus, ability of research and development in the areas of LED chips to enhance the company, to further expand the company's internationalization process, and gradually realize the company's development goals.

For more information about LED, please click on LED network or pay attention to WeChat public account (cnledw2013).