[first half performance notice] trillion Chi, Alto, Chang Fang, Ju Chan, Guangdong Gan Hua announced

In recent days, trillion Chi shares, Chang Fang Group, Ju can photoelectric, Guangdong Gan and Alto electronics have also disclosed the semi annual performance forecast for 2018. Among them, only the Alto electronics performance increased in advance, trillion Chi shares and long group performance pre cut, while Guangdong Gan and poly can be expected to loss.

Trillion Chi shares in January 1, 2018 -2018 in June 30th to achieve the attributable to shareholders of listed companies net profit from 229 million 457 thousand and 900 yuan to 327 million 797 thousand yuan, 327 million 797 thousand yuan lower than the same period last year dropped by 0%-30%.

Trillion Chi shares said that the company focused on the main industry, solid work, product sales situation is relatively stable, 1-6 months in 2018 to achieve operating income of about 5 billion 600 million yuan, representing an increase of about 49% over the same period last year. But on the one hand, because of the rising cost of all kinds of raw materials and the decrease of the unit price, the gross profit margin of the products decreased year by year. On the other hand, due to the exchange loss caused by the fluctuation of RMB exchange rate and the increase of financial expenses over the previous year, the net profit attributable to shareholders of listed companies declined during the reporting period.

The long group expects net profit of 7 million 500 thousand yuan -1100 million attributable to shareholders of Listed Companies in June 30th January 1, 2018, down by 10.72%-39.13% from 12 million 320 thousand and 700 yuan a year earlier than June 30th.

According to the announcement, in the first half of 2018, the performance declined compared with the same period last year. The main reasons are as follows: the 2014-2017 year performance commitment period of the Shenzhen subsidiary of Kang Ming Sheng Technology Industrial Limited by Share Ltd has been completed, and the performance in the first half of 2018 has not changed much compared with the same period last year, and basically remained stable. Secondly, the listed companies optimize the shareholder structure and adjust the strategic thinking of the new large shareholders. In the first half of 2018, the company gradually adjusted the existing product structure of the parent company to reduce and de stock the existing low-end LED light source packaging products with poor profitability. Although the profit level in the first half of 2018 has been reduced, it will lay the foundation for the company's subsequent product upgrading and sustainable development. Moreover, the investment income of financial management decreased by about 40% compared to the same period last year.

In addition, the impact of non recurring gains and losses on net profit in the half year of 2018 is estimated to be about 8 million yuan.

Ju can optoelectronics expects January 1, 2018 -2018 June 30th attributable to shareholders of listed companies net profit loss of 8 million yuan - 12 million yuan, compared with a profit of 55 million 765 thousand and 300 yuan in the same period last year.

Mr Chan said that by the development of industry and the aggravation of market competition, the price adjustment of the current period led to a decline in gross profit margin and a significant decrease in gross margin. Secondly, with the development of business, the management fees increased significantly, and management fees increased significantly. The amount of debt financing has led to an increase in interest expense. Meanwhile, the exchange losses have increased over the same period last year due to exchange rate fluctuations.

In addition, the impact of non recurring gains and losses on net profit in the 1-6 months of 2018 is estimated to be about 10 million 400 thousand yuan.

Guangdong Gan Hua expects net loss of 3100 to 42 million yuan attributable to shareholders of Listed Companies in June 30th January 1, 2018, compared with a loss of 20 million 80 thousand yuan last year.

Statistics show that during the reporting period, the main reason for the loss of operating performance is that the wholly owned subsidiary, Guangdong Jiangmen Biotechnology Development Center Co., Ltd. has shut down, requiring large asset impairment and staff resettlement fees. In addition, the company bought the "cloud letter - Hong Rui 24 collection fund trust" products have a larger loss.

Alto electronics expects to achieve a net profit of 80 million yuan to 100 million yuan attributable to shareholders of Listed Companies in June 30th January 1, 2018, an increase of 30.98% to 63.73% from 61 million 76 thousand and 600 yuan a year earlier in June 30th.

According to the company's preliminary estimates, the company's revenue in the first half of 2018 has increased substantially compared with the same period last year. The operating cash flow has improved significantly over the same period last year, but the net profit growth rate has not reached the expected level. The cost of sales and R & D investment is expected to increase.

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