“Opto-electronics segment realized operating income of 655 million yuan, an increase of 44.59% over the same period of the previous year. The total profit was 55.397 million yuan, an increase of 22.23% over the same period of the previous year.†In this regard, Xiamen Xinda management said that it will focus on “strengthening responsibility and focus on The management policy of “detail management and promotion of system innovation†has formed a situation of joint development of packaged products, road lighting products and indoor lighting products.
The annual report shows that among the major subsidiaries and shareholding companies that operate LED business, Xiamen Xinda Optoelectronics Technology Co., Ltd., Fujian Xinda Optoelectronics Technology Co., Ltd. and Shenzhen Anpu Optoelectronics Technology Co., Ltd. Related product research, production and sales.
Among them, Xiamen Xinda Optoelectronics business income of 375 million yuan, net profit of 11.6881 million yuan; Fujian Xinda Optoelectronics operating income of 41.35 million yuan, net profit of 4,141,300 yuan; Anpu Guangguang's operating income of 290 million yuan, net profit of 31,369,300 yuan. In addition, in 2014, Xiamen Xinda Contract Energy Management Co., Ltd. was listed for sale, affecting the parent company to increase the net profit attributable to the parent company by RMB 1,761,100.
The acquisition of Anpuguang Optoelectronics' revenue accounted for 44.27% of Xiamen Xinda's LED business revenue.
According to the annual report data, the Xiamen Xinda LED business has formed a pattern of joint development in Xiamen, Shenzhen and Anxi. The resources of the three regions have been co-ordinated and the display and packaging business division and lighting division have been established. During the reporting period, the company completed refinancing and raised funds for the construction of Anxi LED packaging new project and Xiamen LED application products and packaging expansion projects. Anxi LED package new project plant construction in an orderly manner; Xiamen LED application products and packaging expansion project purchase equipment for LED indoor lighting and expansion of indoor and outdoor packaging products.
“Based on the development of the original advantageous business, the company increased its investment in white light packaging and sought a suitable business model to develop the indoor lighting business.†Xiamen Xinda’s director, Fan Dan, said that the photovoltaic industry is currently developing. More mature, the company will dig deep into the existing strengths such as display packaging and road lighting, and enter the white light package and seek new business models to better intervene in the indoor lighting market.
When talking about the status of the LED industry, Xiamen Xinda said that market competition is intensifying and price wars are common. The industry is facing the risk of rising costs and falling profits. Although the demand for LED applications is growing strongly, the packaging market is facing fierce competition. Entered a comprehensive restructuring.
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