Audio LED products in 2016 net profit of 351 million, revenue growth of 566.64% over the same period

from the main holding company operating subsidiaries, the shares of the company in 2016, the green lighting industry a wholly owned subsidiary of Shanghai Yaming Lighting Co. Ltd. to achieve total revenue of 1 billion 61 million 350 thousand yuan, down 32.08% compared to the same period last year, net profit of 61 million 190 thousand yuan, an increase of 28.90%; Beijing Shen An Investment Group Limited company achieved total revenue of 2 billion 872 million 90 thousand yuan, down 2.52% compared to the same period last year, net profit of 248 million 520 thousand yuan, down 2.88%; Shanghai Feile Investment Limited company achieved total revenue of 2 billion 944 million 250 thousand yuan, net profit -11470 million. Shanghai St. Lanna Industrial Co., 1-10 in 2016 achieved total revenue of 630 million 400 thousand yuan, 1-10 month net profit of 57 million 950 thousand yuan. China Fortune Securities Co 24% stake in the company in 2016 net profit of $270 million 630 thousand, contributed to the company's investment income of $64 million 950 thousand, representing a decrease of 46.45% over the same period last year.

it is worth noting that the company in October 2016 to complete the transfer of 100% stake in the company of St. Lanna, St. Lanna company since November 2016 are not included in the scope of the company's consolidated financial statements.

products, including LED product revenue was 1 billion 884 million yuan, representing a growth of 566.64%, gross margin reached 35.86%, an increase of 8.54%; automotive lighting revenues of 630 million yuan, an increase of 4.72% over the previous year; gross margin reached 18.75%, an increase of 0.04%; the traditional luminaire revenue was 435 million yuan, representing a growth of 154.11%, gross margin reached 31.50%, an increase of 1.17%.

in 2017, the company will continue to focus on the development of green lighting industry, established in accordance with the work plan, to further promote the development of the company, promote the company to enhance competitiveness, promote the steady growth of the company's operational efficiency, realize the company's sustained and healthy and steady development. At the same time, the company will continue to comply with the requirements of relevant laws and regulations, to further establish and improve the modern enterprise system, standardize the operation of the company, improve the quality of the company's operations.

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