Zhou Ming Technology (300232) released its third quarter 2015 report on October 26. From July to September 2015, the total revenue of Zhouming Technology was 335 million yuan, an increase of 37.67% over the same period of the previous year. The net profit attributable to shareholders of listed companies was 3,846,700 yuan, an increase or decrease of 114.34% over the same period of the previous year.
In the first three quarters of 2015, the total revenue of Zhouming Technology reached 959 million yuan, a year-on-year increase of 39.18%; the net profit was 95.537 million yuan, an increase of 128.67%.
During the reporting period, the company actively promoted the acquisition of the remaining 40% equity of Redio in accordance with the annual business plan, actively carried out market expansion and deployment at home and abroad and achieved good results. The business orders maintained a rapid growth momentum, sales scale and operation. The performance has reached a record high.
The LED display and LED lighting applications in which Zhouming Technology is located have broad prospects, and have been attracting attention in the rapid development process. The number of enterprises is large, and the scale and comprehensive strength are mixed. Although the trend of integrated mergers and acquisitions has been obvious in recent years, the market share is still Relatively scattered, the middle and low-end products in the domestic market are more homogenized and the industry is fiercely competitive.
At present, LED display products are mainly used in indoor and outdoor advertising media, performing arts, exhibitions, smart city systems and other domestic and international high-end markets, and have the ability to compete directly with internationally renowned LED display companies.
With the adjustment of economic structure and the arrival of the mobile Internet era, the LED display industry is also mulling an upgrade and transformation. The company adheres to the strategy of endogenous + epitaxial development. While basing on the main business, it uses the "Internet +" thinking to integrate "the wise creation of the continent", actively explores the use of the Internet technology and organizational model, and steadily promotes the company into intelligent hardware. + Content Services + Internet (Internet of Things) platform companies.
According to the report, LED display products are customized products. With the continuous growth of the company's sales and the strict requirements of customers on the delivery date, the company will reserve a certain inventory according to the sales forecast, so that the company's inventory will increase.
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Cixi Xinke Electronic Technology Co., Ltd. , https://www.cxxinke.com