Crystal electronics sales in the first half of 446 million yuan net profit growth of over 60%

In August 9th, Crystal Electronics semi annual disclosure, Crystal Electronics in the first half of 2017 sales of 446 million yuan, an increase of 82.78%; net profit of 28 million 450 thousand yuan, an increase of 60.56%. During the reporting period, the development trend of the company in good performance and achieve steady and rapid growth, the scale effect and advantages to further develop. At the beginning of this year, according to the development of business objectives, based on the original customers to further expand sales channels, for the international market, increase investment in research and development, to enhance the core competitiveness of products, the company is healthy and dynamic balanced development.

In May the company announced that Crystal Electronics intends to issue shares not exceeding a total of 92 million shares (92 million shares), is expected to raise the total amount of not more than 248 million 400 thousand yuan (including 248 million 400 thousand yuan) to expand production scale and add liquidity. Since 2016, Crystal Electronics has experienced several stages of expansion according to the market situation and development trend of the industry, from the initial 1800KK/ month capacity expansion now nearly 2800KK/ month. The COB products and lighting components sales have improved significantly, June monthly data show that COB sales of more than 5 million yuan. Crystal Electronics by virtue of its strong R & D strength has become PHILPS, Samsung, TOYOTA, SKYWORTH, TCL synthesis, Changhong and other international brand partners.

Into the second half, crystal electronics based on lighting and backlight products, strengthen the effect of large-scale production, to speed up the LED lamp module, LED plant lighting source, infrared IR LED R & D and production inputs, the second half is expected to reach a certain sales.

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