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Australia Shunchang: LED is in full production status

According to the Securities Times reported that the Shenzhen stock exchange platform released information shows that in August 5th, Huatai Securities, Haitong Securities, Debon fund 9 research institutions and the Australia Shunchang (002245 announcement, market, information, earnings), focus on LED capacity utilization and Internet plus strategy.

Australia Shunchang said, LED is currently in a state of full production, the company will use the resources and advantages in the LED industry, bigger and stronger LED and semiconductor related business, the company carried out research and feasibility analysis in depth LED related field of compound semiconductor.

Currently LED two plant built, the two phase of the project PSS (image substrate) part has been completed, can provide a part of the existing LED project sapphire substrate.

Office, mentioned Internet plus strategy, what is the plan? The company has developed a business processing platform based on mobile Internet technology, and realized the mobile client processing and real-time tracking of orders, logistics and documents. The company will continue to expand the scope of the mobile Internet platform to further promote the development of the Internet of the whole business, and ultimately become the wisdom of the era of things logistics operators.

A few months ago, the company had two suspension, planning the acquisition of new energy vehicles, the field of the Internet, although ultimately did not succeed, the agency asked what the follow-up plan? Will it continue? Australia Shunchang said the company issued the outline of the strategic development plan of last year, the company has been actively exploring into the emerging, high growth industries in a variety of ways, in order to quickly develop new profit growth point.

The first half of 2015, the company achieved total revenue of 783 million 252 thousand and 500 yuan, up 9.73% over the previous year; to achieve operating profit of 137 million 327 thousand and 200 yuan, an increase of 31.27%; net profit of 152 million 242 thousand and 100 yuan, an increase of 71.17%; attributable to shareholders of listed companies net profit of 132 million 123 thousand and 900 yuan, growth of 92.93% over the previous year. LED business contribution attributable to shareholders of listed companies net profit of 66 million 911 thousand and 900 yuan, accounting for the proportion of listed companies net profit of $50.64%.

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

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