Li Zhihui disclosed 2016 annual results notice: the highest net profit down 40%

Hongli Newell 23 evening announcement, the company expects 2016 profit of 129 million 358 thousand and 300 yuan, 91 million 311 thousand and 700 yuan, compared to the same period last year fell 15%-40%.

The disclosure of the company, a subsidiary of Shenzhen smalite Semiconductor Co., 2016 annual performance commitment is not expected, at the same time, the company in order to integrate the LED packaging business, plans to 2017 Shenzhen smalite Semiconductor Co. Ltd. the relocation of production capacity into Jiangxi Hongli photoelectric Co., Ltd. is expected provision for impairment of goodwill of about 100 million yuan. Jiangxi Hongli photoelectric Co., the second half of 2016 production, equipment debugging, staff training, the release of production capacity takes time and costs high. Companies involved in XinDa emerging assets - Shenzhen AOL merger plan special asset management restructuring fund expires in November 27, 2016, failed to recover the investment impairment. The company's 2016 annual increase in foreign investment, the corresponding increase in the cost of intermediaries.

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