Honglitronic invested 200 million to set up "hung at the investment company

Honglitronic April 18th evening disclosure 2015 annual report. In 2015 the company achieved operating income of 1 billion 592 million yuan, an increase of 56.47% over the same period last year, operating profit of $184 million, an increase of 93.47% over the same period last year, net profit of $152 million, an increase of 67.40% over the same period last year. Company intends to shareholders for every 10 shares were distributed cash dividend of 0.30 yuan (including tax).

The report shows that in 2015, LED lighting market demand, the company expanded the production scale of LED packaging, and increased marketing efforts, prompted the company effective release of production capacity, to maintain a steady growth in the main business. At the same time, the acquisition of a subsidiary of smalite, Liangyou hardware contributed part of the performance during the reporting period, the company's operating income and net profit increased greatly. 2015 year, the company LED business revenue of $1 billion 564 million, accounting for the proportion of total operating income of 98.19%.

In the LED industry, the company increased marketing efforts, expanding the LED packaging production scale, to ease the LED device product delivery pressure, strengthen the LED support business investment, strictly control the purchasing costs of materials, making the company the main business to maintain a stable and rapid growth. At the same time, through a subsidiary of Hongkong Hongli's BVI to the Cayman Amiri Hongli capital $10 million, to carry out financial services industry LED. The company will be in the future through the establishment of the production base in Jiangxi, Nanchang production capacity expansion, enhance the company's market share and competitive advantage in the LED industry, accelerate the realization of the company's development strategy in the LED industry, LED. On the other hand, the car is also the focus of the layout of the company in recent years. Shares of the company last year "technology, its main business is to provide GID car terminal sales and service car networking solutions. Core competitiveness focused on the cloud platform, covering the automotive industry chain and service chain App system, intelligent vehicle terminal. For all types of commercial vehicles, passenger cars, a full range of car networking system covering the Volkswagen car field, personal car field, insurance field, government and team management of 4S group and car services in the fields of all business areas, meet the comprehensive needs of whole life cycle and the whole car after car service.

In addition, the company plans to participate in the Guangzhou Pearl River school bus, Pearl River school bus to provide school bus services for students, plans to expand the car networking business through the accumulation of students and parents. The company said the car networking industry is currently the company's main equity, performance has not been reflected in the company's overall operating results. Companies and related professional investment institutions to set up a fund to invest in the car networking industry, hoping to accelerate the layout of the company in the car networking industry, and strive to build LED industry + car networking industry double main industry formats.

On the same day, the company also announced that invested 200 million yuan investment to set up a wholly owned subsidiary of Guangzhou City hung Jo Investment Limited (hereinafter referred to as the "Zuo Hong investment").

The company's business scope includes venture capital, investment advisory services, investment management services, asset management, business management services, etc.. Honglitronic said Jo hung invested after the company will have a competitive advantage in the industry by looking for timely project investment, so as to enhance the competitiveness of the company. At the same time, the company can strengthen the management of investment projects by Jo hung through reasonable investment, equity investment and financial investment and other means to improve the company's overall income level.

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