Zhaochi shares improve the LED industry chain layout to help LED business go to the international market

October 26, 2022

On the evening of August 1, Zhaochi Co., Ltd. (002429) released the semi-annual report for 2017. During the reporting period, the company steadily promoted various business developments according to the annual business plan. The marketing service capability in the first half of the year continued to improve, and its performance was significantly higher than that of the previous year. increase.

From January to June 2017, the company achieved operating income of 3.746 billion yuan, an increase of 20.85% over the same period of last year; the net profit attributable to shareholders of listed companies was 328 million yuan, an increase of 47.94% over the same period last year.

At the same time, the asset scale was further expanded. As of June 30, 2017, the company's total assets were 13.532 billion yuan, up 10.06% from the end of the previous year; the net assets attributable to shareholders of listed companies was 7.789 billion yuan, an increase of 3.42% from the end of the previous year.

In 2011, Zhaochi Co., Ltd. began to enter the midstream packaging industry and downstream application fields of the LED industry chain. After years of steady development, the packaging and lighting business continued to climb. In the first half of 2017, the company's LED products and accessories realized operating income of 634 million. Yuan, which grew by 33.96% compared with the same period of last year, has strong market competitiveness in the industry and has become a leading LED enterprise in China.

In March 2017, the company set about adjusting the layout in the LED application field, introduced a professional team and participated in the establishment of Shenzhen Zhaochi Lighting Co., Ltd., and actively built the brand construction of “Zhaochi” in the lighting application field; in June 2017, The company signed an investment agreement with the Nanchang Municipal People's Government. With the strong support of the Nanchang Municipal People's Government, the company will invest in the design, manufacture and sales of LED epitaxial wafers and chips in Nanchang.

Effectively promote the company's resource integration in the LED industry, to improve the entire industry chain layout of chip, packaging, application lighting, help the company's LED business to quickly enter the international market, participate in international competition.

At the same time, Zhaochi announced that the company expects net profit attributable to shareholders of listed companies from January to September 2017 to be 420 million to 525 million, a year-on-year change of 20.00% to 50.00%.

Zhaochi said that the above predictions were made based on the following reasons: On the one hand, the company actively explored the market, increased product promotion, and achieved remarkable results in industrial layout. The main business income of each sector is expected to maintain steady growth; on the other hand, the company strictly controls costs. Costs, combined with the popularization of informationization and the improvement of automation management, will play an active role in reducing costs and increasing efficiency.


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