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Ruifeng Power In The First Half Revenue Of Over 460 Million Backlighting---oak Led Flood Light

Edit:OAK LED Co. Limited   Date:Oct 08, 2016


 [text / Engineering] Zhao Hui LED TV sales continued to decline, although the first half of the large-size backlight had an impact,stadium light but the Center Daily News looks, domestic large-size backlight leading Swiss Feng Optoelectronics does not seem to be affected. August 28, Ruifeng power (300241.SZ) disclosed the 2015 semi-annual report. Reported 2015 1--6 months, Ruifeng power operating income reached 463 million yuan, up 12.70 percent; attributable to shareholders of listed companies net profit of 21.6578 million yuan, representing an increase of 3.37% over the same period last year. backpfrontp data show that although the impact of large-size backlight TV sales slipped by, but Ruifeng power to keep the revenue increased slightly (3.62%), revenue reached 135 million yuan. Ruifeng power occupy 67 percent of total revenue in the first half of the lighting device revenue reached 309 million yuan, an increase of 17.52%. backpfrontp Ruifeng power in the main business structure, the most rapid growth in the first half of the case of LED devices for automotive applications. Although the income of only 4.8395 million yuan, but the growth rate reached 164.9 percent year on year, gross margin as high as 51.78%. backpfrontp Ruifeng power aspect, he said the company's main products for large-size LED backlight and LED lighting products, future business development strategy is to large-size backlight LED, lighting LED, small size backlight, automotive electronics, lighting mold group, smart home, car lights, and other business areas to expand, driven by the company by leaps and bounds over the next three years. backpfrontp at the market level, Ruifeng power began to industry and channel business development focus, the implementation of customer management and customer service are two complementary measures to change thought patterns, rich marketing channels; actively exploring the business model for the overall solution of LED stadium light source; establish brand awareness, enhance the company's brand awareness. Company shares of Shenzhen Ruifeng power backpfrontp Ling Tao Optoelectronics half net profit reached 12.9 million yuan. backpfrontp 2015 年 6 on 5, Ruifeng power announcement Wang intends to purchase, by way of rights issue of shares and payment of cash, CONTINUING Ling Tao Optoelectronics together hold 85% stake, tentatively agreed transaction price of 200 million yuan. backpfrontp June, Ruifeng power also shares smart home business Yi in Beijing Granville Technology Limited, officially entered the smart home industry chain, will cooperate with the Granville easy to jointly develop intelligent lighting products, intelligent lighting solutions for customers downstream lighting and provide intelligent home control platform. backpfrontp Ruifeng power in the mid-year report also said the company actively looking for the subject field of LED lights,High power LED flood light have high barriers to entry, strong profitability and stable characteristics, highly consistent with the company's strategic planning. backpfrontp All this is expected to be supported to participate in the establishment of Ruifeng power acquisition fund. backpfrontp Ruifeng power in the April 26 evening announcement, intends to use the self-financing 49,400,000 yuan and Kang Chengheng its designated investors, Shenzhen Rui Kang Asset Management Co., Ltd. jointly sponsored the establishment of Shenzhen Rui Kang buyout fund (limited partnership ) (tentative name). backpfrontp talking about the purpose of the establishment of buyout funds, Ruifeng power side said the company is seeking acquisitions subject of importance in a wider range, with professional investment institutions to enlarge the company's investment capacity, accelerate the pace of extensional development company, backpfrontp It is understood that the buyout fund will focus on Ruifeng power established strategic direction to carry out investment, mergers and acquisitions, business integration, mergers and acquisitions fund for investment in the field around the gym lights industries, including intelligent lighting-related industry and new materials industries, the preferred investment targets Ruifeng power development strategy in line with the direction of investment and mergers and acquisitions businesses.