[list] newsletter nationstar intends not to exceed 400 million expansion, Hongli three quarterly notice released

China Star Investment is expected to invest no more than 400 million of the expansion of the packaging project

The country star power today (10) evening announcement that its strategic development plan based on the combination of LED market judgment and existing customer orders, intends to invest no more than 400 million yuan package company expansion projects.

The expansion project construction period is December 2016 -2017.

The investment expansion, can be flexible to meet the needs of the company's product orders, ease the situation of insufficient capacity. With the gradual release of production capacity, will help the company continue to play the traditional advantages, and constantly improve the automation and informatization of production management level, improve product quality, and further strengthen the market development and cooperation, improve the core competitiveness and the overall profitability of the company's main business, to ensure a sustained growth in profits.

Hongli Newell before the three quarter net profit expected by 75%-95%

Hongli Newell today (10) evening released three quarter results notice, the company expects the first three quarters (January 2016 -9 months) net profit of 180 million 717 thousand and 600 yuan to 2 trillion and 13 billion 711 million yuan, an increase of 75% to 95%. Profit 103 million 267 thousand and 200 yuan over the same period last year.

According to the announcement, including the main reason for the net profit attributable to shareholders of listed companies compared with the same period last year rose: the first three quarters of 2016, the steady growth of market demand, the size of the company's business development, the main business to maintain a steady growth; during the reporting period, the company made a subsidiary of Xinquan photoelectric 15.05% equity and received government subsidies over the same period last year.

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