Recently, Guangsheng Electronics released its 2016 annual report. In 2016, the company achieved operating income of RMB 320 million, an increase of 22.93% compared with 2015; net profit of RMB 43.026 million, an increase of 38.34% compared with 2015.

According to Optoelectronics, its revenue and net profit increased mainly due to the stable sales of LED packaging; LED lighting sales strategy gradually landed, overseas orders and sales showed a rapid growth trend, revenue increased by 43.89%; LED backlight module and accessory business slightly Growth, revenue growth of 12.27%; FPC business grew steadily, revenue increased by 22.25%. The LED packaging and LED lighting business are the main sources of profit for the company.

Guangyu Electronics received the notice of acceptance from the CSRC on July 2, 2015. The application materials of the company's “IPOs are listed on the GEM” were accepted by the CSRC.

In the first half of 2016, Guangsheng Electronics achieved revenue of 134 million yuan and net profit of 15.544 million yuan, up 11.07% and 9.4% respectively over the same period of last year. From 2013 to 2015, the net profit was 25.279 million yuan, 21,614,200 yuan, and 3,381,600 yuan.

Optoelectronics listed the new three board in January 2014, mainly engaged in the production and sales of LED packaging, LED application products and FPC flexible circuit boards.

According to the previously announced IPO prospectus, LED packaging, LED backlight modules and accessories, FPC products business, mainly for domestic sales, using direct sales model. LED lighting products business, mainly facing domestic and foreign markets, mainly to direct sales of large overseas customers.

The company is expected to publicly issue no more than 28.95 million shares on the GEM. Among them, 130 million yuan will be used for the expansion of LED lighting products, and in addition, 37.91 million yuan will be used for the expansion of the R&D center.

According to the latest IPO data of the China Securities Regulatory Commission on December 15, 2016, Optoelectronics ranked 55th among the companies in the IPO of the GEM. After the successful IPO of the Tucson and Samsung Shinco, the optical industry can Whether it is the first company to become the "turning board" of the new three-board industry in the LED industry is worth looking forward to.


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