On April 21, Zhaochi Co., Ltd. (002429) released its 2016 performance report. The company achieved operating income of 7.477 billion yuan, an increase of 22.66% over the same period of last year; the total profit reached 428 million yuan, an increase of 6.69% over the same period of last year; The net profit of shareholders of listed companies was 374 million yuan, an increase of 8.31% over the same period of last year.
Based on the LED packaging industry, Zhaochi is engaged in the R&D, production and sales of LED devices and components. The products are mainly used in the two core fields of LED backlight and LED lighting. With solid foundations in product development, internal use, and market development, the company has become one of the major suppliers of LED backlights for LED TVs and mobile phones.
In the field of TV backlighting, the core customers of Zhaochi Co., Ltd. include Skyworth, Gaochuang (Suzhou) Electronics Co., Ltd., Konka, etc., and actively develop the international market, and opened up Taiwan TPV, South Korea first-line brand customers, etc.; won TCL in the field of mobile phone backlighting, Helitai, Lianchuang and other important customers are favored.
In the LED lighting market, Zhaochi has continuously improved its product quality and has been highly recognized by first-line brands at home and abroad, and has become the main source of business growth. Domestic core customers include Foshan Lighting, Sunlight Lighting, Sanxiong Aurora, Yimei Lighting, and Snowlight. Wait.
2016 is the first year of the strategic transformation of Zhaochi's shares into the joint operation of the Internet TV business. The company is a leading company in the industry. With the popular TV and popular network as the core carrier, it has launched an Internet TV product integrating terminal, content and platform. Internet video service.
In addition, in 2016, the global economic recovery was slow, and the domestic economy continued to show a slowdown in growth. The state insisted on comprehensively deepening reforms, insisting on innovation-driven development, accelerating the transformation of economic development mode and economic restructuring, and maintaining economic operations in a reasonable range. A good start in the "13th Five-Year Plan" period, but economic risks and pressures are still at a relatively high level.
In accordance with the established development goals and strategic planning, Zhaochi will further improve production efficiency on the basis of giving full play to the company's intelligent manufacturing advantages and industrial advantages through industrial transformation, optimization of resource allocation, cost reduction and efficiency enhancement;
At the same time, we will actively implement the strategic industrial layout, improve the company's major business segment industry chain, and continue to promote the steady growth of LED products and accessories while accelerating and expanding the core business of home audio-visual products, and accelerate the joint operation of Internet TV. The transformation of business strategy has enabled the rapid growth of the Internet operation platform business in the new field, and the increase in Internet intelligent terminal and service revenue.
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