Mulinsen announced that in the 2016 Semi-annual Report, the net profit attributable to shareholders of listed companies from January to September 2016 is expected to range from 192 million yuan to 210 million yuan. After the amendment, the company expects net profit attributable to shareholders of listed companies from January to September 2016 to be 285 million to 325 million yuan, an increase of 14.15% to 30.58%.
Mulinsen said that with the gradual construction of the company's fundraising projects, the company's LED packaging and lighting products continue to expand in scale, and large-scale production has further reduced the unit cost of the products.
On May 26 this year, Mu Linsen’s initial increase since the listing was completed, the amount of funds raised was 2.348 billion yuan. According to the plan, the funds raised by Mulinsen will be used for three projects, two of which are technical transformation and construction of the packaged project.
According to the plan, the funds raised will be used for the following three projects: Xiaolan SMD LED packaging technology transformation project; Ji'an SMD LED packaging phase I construction project; Xinyu LED application lighting phase I construction project.
Among them, Siu Lan SMDLED packaging technology transformation project will increase the annual production capacity of SMD LED by 51 billion (about 4250 KK / month). After the first phase of the construction of Ji'an SMDLED package, the annual production capacity of SMDLED will increase by 82.5 billion (6875KK/month).
According to the monthly production capacity of 25,000 KK of Mulinsen at the beginning of this year, it is expected that the above projects will increase the production capacity by 44.5%.
With the gradual release of the investment project's production capacity, the company's LED packaging and lighting products continue to expand production and sales, sales revenue growth, while the price of market lighting products in July-September 2016 tends to be stable, unit price stability and unit cost reduction This has led to an increase in the gross profit of the company's products, which has led to an increase in performance.
In addition, Mulberry Forest, IDG and other consortiums bid for Osram's independently operated lighting business company, LEDVANCE, is still in the process of normal operation. Once the acquisition is successful, it will undoubtedly bring the estuary effect to Mulinsen's packaging and lighting production capacity.
“We hope to cooperate with OSRAM on LED chips and epitaxial wafer technology. If we can successfully acquire OSRAM's lighting business, we can integrate the entire supply chain from LED chips to end products. The transaction will involve horizontal and vertical Integration.†Mulinsen executive general manager Lin Jiliang said earlier that the Mulinsen brand is mainly aimed at the Chinese market, while the OSRAM lighting brand is positioned in the international market.
At the same time, through the acquisition of the equity of Hong Kong Super Time Lighting (Group) Co., Ltd. and the two capital increase of the development of Jingguang Lighting (Xiamen) Co., Ltd., the company can quickly acquire the technical process and market share of lighting emerging products, and complete the LED industry chain. The upstream extension has enabled the company to maintain strong competitiveness in the fierce competition in the LED industry.
At the same time of the semi-annual report, Mulinsen issued an announcement on foreign investment, and plans to invest 5.5 billion yuan to build an annual LED lighting production base of 10 billion yuan in Yiwu.
The data shows that as of the end of the first half of the year, the company's total cash, bank deposits and other monetary funds amounted to 5.967 billion yuan, which provided good financial support for the company's continued market force and industrial mergers and acquisitions.
USB Data Charging Cable For Android
Usb Data Charging Cable For Android,Fireproof Braided Usb C Cable,Customizable Micro Usb Charger Cable,Zinc Alloy Type-C Data Cable
Dongguan Pinji Electronic Technology Limited , https://www.iquaxusb4cable.com