Lianchuang Optoelectronics LED products continue to advance into the good military business

G20-LED Lighting Summit member company - Lianchuang Optoelectronics (600363) is mainly engaged in the core technology of LED optoelectronic components business, and revenue is also increasing year by year.

According to the data of the third quarterly report of 2016, the company achieved operating income of 1.833 billion yuan from January to September, a year-on-year increase of 2.43%; net profit attributable to shareholders of listed companies was 156 million yuan, an increase of 27.97%.

In fact, Lianchuang Optoelectronics is a traditional LED industry chain. In recent years, LED backlight business has become one of the main businesses, supplying products for consumer electronic devices such as Huawei.

In 2016, the LED business grew steadily and the annual results were in line with expectations. At the same time, Lianchuang Optoelectronics actively explored the field of large-screen backlights such as vehicles, and has obtained relevant customer certification. The company's LED overall development is good, with the development of new products, the overall gross profit margin level will also be improved.

The predecessor of Lianchuang Optoelectronics Co., Ltd. is the 476 factory, which is directly affiliated to the former four-machine department. It is the only fixed-point manufacturer of military silicon-type field effect transistors in China. The products are used in missiles and other equipment.

The subsidiary company North Lianchuang Communication Co., Ltd. (33% of the company's shares) was formerly known as the 834 factory, engaged in the research and production of communication allegations, and the products are used in military command vehicles and other equipment.

In addition, Lianchuang Optoelectronics also provides aerospace products. From this point of view, Lianchuang Optoelectronics has deep core R&D and production capacity of military products. With the gradual implementation of support policies such as military-civilian integration, the company's related performance will reach a higher level.

At the end of last year, Lianchuang Optoelectronics will carry out share reform of its subsidiary Xiamen Hualian Electronics Co., Ltd. (the company holds 50.01% after the share reform) and plans to list on the New Third Board. This is a positive adjustment of the company's structure, which is conducive to enhancing the company's operational vitality and introduction. New investors.

At the same time, Lianchuang Optoelectronics is still seeking the extension of the relevant fields of the main business. The expansion of the extension field will further consolidate and improve the company's business and advantages, and bring new growth points to the company.


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