Yesterday evening, Mulinsen released the first quarter results forecast for 2018. The company expects the net profit attributable to shareholders of listed companies from January to March 2018 to be 150 million to 180 million, an increase of 13.15% to 35.78%.
Mulinsen said that the growth in performance was mainly due to the stable price of major products, the effective control of the layout of the entire industry chain, and the gradual release of new capacity in the fundraising project. The scale effect was significantly improved, which led to a further decline in the unit cost of the product, and the market share. Steady improvement.
In addition, Mulinsen announced that the 21st meeting of the third board of directors of the company reviewed and approved the “Proposal on Appointing Executive General Manager†and agreed to hire Mr. Lin Jiliang as the executive general manager of the company.
Back in the LED indoor lighting just came up, at the end of 2011, we all think that LED indoor lighting is going to rise, so in 2012, I formed a team inside Mulinsen to set up a lighting and display business unit. Before 2012, almost all LED lighting products were very expensive. In the packaging field, Mulinsen has a unique cost advantage, and has the opportunity and ability to make the price of the end product better. In addition, the concentration of the entire domestic lighting brand is relatively low, even like NVC, Op, Sanxiong, etc. The big brand itself has a market share of no more than 2% in China. The top ten lighting brands in China do not have a market share of 10% in China, so this is a very promising market. From 2012 to 2014, this time is the most golden time point for China's indoor lighting. The original pattern is loose, the new pattern is to be established, and Mulinsen is grasping such an opportunity.
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