Zhouming Technology Annual Report Pre-Happiness 020 Business "To Be Tested"

[Wen|High-tech LED reporter Yue Mengdi] When the listed companies announced their performance announcements, LED people have been busy for a whole year, and finally know that they have been exchanged for a hard year.

On January 15, Zhou Ming Technology (300232.SZ) released its 2014 performance forecast. According to the announcement, the company's profit from January 1, 2014 to December 31, 2014 is expected to reach 60 million to 66 million yuan, an increase of 81.97%-100.17% over the same period of the previous year.

The biggest push for high profit growth is the UTV small pitch series. The small spacing is the main business sector of Zhouming Technology in the past two years. Even though Zhouming Technology has been actively deploying lighting and e-commerce since 2014, the contribution of small spacing to revenue has not been reduced. In the third quarter, the sales growth of Zhouming Technology's small-pitch products has been significant year-on-year. For the whole year, the company's planning and deployment in the field of export and small-pitch has been actively and effectively implemented. According to the announcement, UTV's small-pitch series of products realized an increase of 260% in revenue from the same period last year.

On the other hand, with the in-depth implementation of the strategic deployment of Zhouming Technology in the field of lighting, the company's lighting business has the ability to take orders and manufacture more than the previous period. In the case of income growth, the related expenses are declining. .

The sales revenue of the company's holding subsidiary, Redio, increased significantly year-on-year. Since signing the “Equity Transfer Agreement” with Zhou Ming in 2012, Redio has made a great contribution to the growth of Zhou Ming Technology in the first half of 2014.

Mergers and acquisitions are one of the most common ways to expand and extend a company's business. In October 2014, Chau Ming Technology acquired Lanpu Technology and completed the industrial and commercial change at the end of November. The company's business covers LED indoor HD splicing wall application solutions, stadium LED application solutions, rental market LED display application solutions, and urban complex LED display application solutions. Yang Xi, assistant to the chairman of Zhouming Technology, told the reporter of "High-tech LED". "The company can leverage the existing project resources and business network's related advantages to create a competitive advantage in the market segment through synergy, in line with the company's long-term perspective. layout."

In detail, the “long-term layout” of Zhouming Technology is not only the acquisition of Lanpu Technology, the cooperation with China Southern Power Grid in August 2014, but also the proposed establishment of Xiaoming Network Technology Co., Ltd., which indicates that it prefers to use the Internet. The platform develops lighting business. Intelligent hardware and intelligent lighting are the most important application products in the era of mobile Internet, and have huge market prospects. Although this layout of Chau Ming Technology is in line with the development trend of the whole market, from the current point of view, this part can not contribute to the performance of Chau Ming Technology, which is still to be further verified by time and market.

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