“G20-LED Summit member company†Ruifeng Optoelectronics (300241) disclosed its annual report on the evening of 20th. The company's operating income in 2013 was 682 million yuan, up 36.37% year-on-year; the net profit attributable to common shareholders of listed companies was 56.638 million yuan, a year-on-year increase. 20.78%; basic earnings per share of 0.26 yuan.
Ruifeng Optoelectronics said that it is planned to carry out major asset restructuring and production expansion in 2014, which requires a large amount of capital. Therefore, the Board of Directors proposes not to make cash dividends and share offerings in 2013, and the capital reserve will not be transferred to share capital.
The announcement pointed out that during the reporting period, domestic support policies for the LED field continued. With the further restrictions on the use of incandescent lamps and the decline in the price of LED lighting products, LED lighting ushered in the opportunity of rapid development, and traditional lighting companies increased the promotion of LED lighting. The market share has risen rapidly; on the basis of stabilizing the LED LCD TV market, the company has increased its efforts in the field of LED lighting and achieved corresponding growth in sales and profits.
During the reporting period, the company's lighting LED business revenue was 329 million yuan, an increase of 92.87%.
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