Qinshang 1H16 performance over 445 million, will increase the education industry tilt

KingSun yesterday (August 18th) evening semi annual report disclosed that the first half of 2016, the company achieved operating income of 445771956.25 yuan, an increase of 0.73%, net profit attributable to shareholders of listed companies 37052261.79 yuan, an increase of 119.17%.

KingSun, digital and network era has become a social trend, the lighting industry to be ready for the new storm. Qinshang said, in order to adapt to the international and domestic lighting industry related industry development trend, continue to consolidate the existing advantages of the industry LED outdoor lighting solutions products series of intelligent upgrade, in this process, with the rapid development of the Internet of things, cloud computing and communication technology, explore the company in intelligent lighting extension product applications better industry the influence and market response, in the successful development of the year 2015 the company launched the first smart lighting products based "global eye K1" on, during the reporting period the successful implementation of the product market development, has accumulated valuable experience and laid a solid foundation for the subsequent development and application for the company's main industry and semiconductor lighting for new exploration to extend "Home Furnishing wisdom" in the field of relying on.

In addition, KingSun also said that during the reporting period the company at the forefront of industry field, visible light communication field remains the leading research exploring the advantages, the successful breakthrough in another important technical difficulties -- experimental application based on signal transmission in the COB source, study more mature the application scenarios and the industrial development for.

In addition to the field of LED, for the new layout of the field of education, KingSun think, in the natural pattern of Chinese education resources distribution imbalance, is the main type in the entrance examination and school choice, the basic needs of many K12 stage placement belongs to children in a considerable period of time "just need to". At the same time, the implementation of the 2008 Olympic baby boom and comprehensive two-child policy, the K12 education will usher in a new period of demographic dividend is good, at present our country is in the stage of K12 education up to 180 million of the population, is expected to reach 212 million in 2020.

To this end, KingSun said, in order to meet the needs of industrial upgrading and strategic transformation, the company will further increase the implementation of the new LED business translation to business architecture layout efforts a wholly owned subsidiary of the company, the company gradually promote the realization of the platform of the development of transition target. At the same time, the foundation for better integration play Longwen existing business advantage, comprehensive optimization of Longwen in the company strategic management under the profitability and sustainable development, gradually increase the quality of resources to tilt to the education industry efforts. In the acquisition of Guangzhou Longwen raised supporting science project based on the implementation of the next step, and strive to set up a good platform to accelerate capital extension drive actively layout K12 industry chain, to promote the company to enter this trillion market fast, and strive to build the industrial chain platform company complete cooperative education industry.

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