[announcement] express list building, poly fly six LED enterprises performance in 2017

Today morning, photoelectric, Jufei, Xiamen XinDa and Lehman shares have disclosed the 2017 results notice, in addition to the photoelectric, the other three were estimated the performance of cooling; at the same time, Siu Chi shares and shares have been released 2017 performance forecast announcement, the two companies had improved performance.

The photoelectric year 2017 is expected to achieve net profit attributable to shareholders of listed companies was 360 million yuan, 480 million yuan, 402 million 960 thousand and 200 yuan more than the same period of growth of -10.66% - 19.12%, basically the same.

The photoelectric said that with the steady implementation of company strategy, mergers and acquisitions basically completed the layout, the business of the company to further improve the layout, can now provide cover brand public relations, interactive activities, Internet advertising, outdoor advertising, intelligent display equipment and other online and offline integrated marketing solutions for customers. The company strategy by epitaxial merger steering focused on endogenous collaborative development, the establishment of the group's management platform, lay the foundation for the future development of endogenous Co. During the reporting period, the company according to the annual business plan in order to promote the work, the whole operation is stable, the normal conduct of business.

In addition, the company is expected to affect the reporting period, non recurring gains and losses on net profit amounted to approximately 400 million yuan, 800 million yuan.

Jufei is expected 2017 annual revenues of 1 billion 810 million 919 thousand and 300 yuan, 2 billion 263 million 649 thousand and 100 yuan, 1 billion 509 million 99 thousand and 400 yuan more than the same period last year growth of 20% - 50%; net profit attributable to shareholders of listed companies was 46 million 563 thousand and 600 yuan, 93 million 127 thousand and 200 yuan, 155 million 212 thousand yuan more than the same period last year decreased by 40% - 70%.

Jufei said that during the reporting period, the company's main business operating in good condition, in order to improve the global market share, increase market development efforts at the same time, continue to strengthen the R & D investment and construction of human resources. The main reason for the net profit attributable to shareholders of listed companies compared with the same period last year decline is: according to the requirements of the accounting principle of prudence, the company will be provision for impairment of assets; a wholly owned subsidiary of poly fly (Hongkong) acquisition development Co., LiveCom Limited company, compared with the same period last year, the 2017 annual decline in the performance of more. According to the impairment testing of goodwill, the company will be formed on the part of the acquisition of goodwill, impairment losses.

The Xiamen XinDa is expected in 2017 annual net profit attributable to shareholders of listed companies to 80 million yuan to 50 million yuan, compared with the same period last year to 139 million 790 thousand and 900 yuan, the same decline.

According to the announcement, including the main reasons why the Xiamen XinDa changes in performance: the company business affected by fluctuations in commodity prices, the impact of the industry market risk and credit risk accumulation and other factors, matters of litigation and loss increased. According to the risk event occurs, companies have been timely through litigation, and other legal means to recover collateral to reduce loss. Based on the principle of prudence, the company on the basis of accounting policy requirements for the reporting period of the business risk provision for the impairment, is expected to have a greater impact on the 2017 annual profit.

In addition, in 2017 LED significant competitive screen packaging market, RGB product prices plummeted, or more than 20%, resulting in the company packaging display product gross margin decline; at the same time the industrial labor tensions become increasingly apparent, the company business photoelectric part of the production line underemployment, production capacity is not up to expectations, benefits cannot be fully reflected, have a greater impact on business profit.

Lehman's shares expected 2017 annual net profit attributable to shareholders of listed companies was 18 million 456 thousand and 200 yuan, 24 million 608 thousand and 100 yuan, down 20% - 40% over the same period last year 30 million 760 thousand and 200 yuan.

Lehman said the company's LED business sales revenue growth, but the exchange rate fluctuations in foreign exchange losses, have a certain impact on the net profit. In addition, due to the company not to renew the contract of the Super League, during the reporting period the company sports revenues and profits declined over the same period last year.

Siu Chi shares correction announcement, the company expects 2017 annual net profit attributable to shareholders of listed companies to 673 million 903 thousand and 600 yuan to 599 million 25 thousand and 500 yuan, 374 million 390 thousand and 900 yuan over the same period last year growth of 60% - 80%.

Siu Chi shares said, mainly because the company increased profits last year: LCD TV, digital set-top boxes, LED products and accessories and other traditional business continues to expand, coupled with the Internet TV business joint operation project step by step, the 2017 annual main business income of the rapid growth in the fourth quarter of the growth rate is higher than expected; companies on July 1, 2017 new corresponding accounts receivable a provision for impairment of assets accounting estimates, compared with the same period last year fell sharply in 2017; RMB presents a state of appreciation, the company due to exchange rate fluctuations due to foreign exchange gains, so the financial expenses dropped significantly over last year.

KingSun shares correction announcement, the company expects 2017 annual net profit attributable to shareholders of listed companies was 70 million yuan, 100 million yuan, compared with the same period last year profitability, mainly due to the company's 2017 fourth quarter revenue lower than expected; the fourth quarter of 2017, the semiconductor lighting business accounts receivable payment is not expected, the company intends to gauge put some impairment.

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