Increase revenue and increase the profit of 460 million yuan in the middle of photoelectric Ruifeng

China LED Reuters] LED backlight recession, lighting LED priceless". In the face of such a market, the results of the report is also calculated to win over the photoelectric.

REFOND 27 evening disclosure report of 2015, the company first half revenue 463 million yuan, an increase of 12.7%; attributable to ordinary shareholders of listed companies net profit of 21 million 657 thousand and 800 yuan, an increase of 3.37%.

Occupy the big head is still lighting LED with large size backlight LED. Lighting LED revenue 309 million yuan, an increase of 17.52%, but only the gross margin of only $11.55%, large size backlight LED revenue of $135 million, an increase of 3.62%. Performance growth as well as the application of LED display, revenue 133 million yuan, an increase of 48.3%; automotive applications LED revenue of $4 million 839 thousand and 500, up by 164.79%.

The company has always wanted to make a small size of Ruifeng backlight business revenue of only 329 thousand and 400 yuan, a large drop of up to $94.67%. However, this is precisely the strategy of Ruifeng photoelectric. It has said that the small size of the backlight business will let go of its share company Ling Tao photoelectric do.

February 2014, Ruifeng photoelectric 30 million yuan to buy Ling Tao photoelectric 15% stake. Today, Ling Tao photoelectric did not let Ruifeng disappointed, in the first half net profit of 12 million 900 thousand and 800 yuan, according to the proportion of the proportion of the shares of the sun confirmed by the company's investment income of $1 million 935 thousand and 100 confirmed by 15%.

Optimistic about the future prospects based on photoelectric Ling Tao, in June 5th this year, REFOND announced the proposed total holdings through the issuance of shares and payment of cash to buy Wang Weiquan, Peng Xiaoling Ling Tao photoelectric 85% stake, initially agreed transaction price of 200 million yuan.

REFOND said, the company main products are of large size LED backlight and LED lighting products, expand the business development to large size LED backlight, LED lighting, small size backlight, automotive electronics, intelligent lighting module, Home Furnishing, car lights and other business areas, led the company to achieve leapfrog development in the future 3 years.

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