[Text / high-tech LED Zhao Hui] "smart, energy-saving, new energy" as the strategic direction of future development Intelligent electric meter manufacturer Lin Yang Electronics has accelerated its pace of energy-saving industries such as new energy in recent years, its photovoltaic power generation and LED The business is progressing rapidly.
Recently, Lin Yang Electronics (601222.SH) released the 2015 semi-annual report. According to the financial report, Linyang Electronics' operating income for the first six months of 2015 was 1.173 billion yuan, a year-on-year increase of 38.98%; the net profit attributable to shareholders of listed companies was 169 million yuan, an increase of 25.09% over the same period last year.
Among them, the LED business revenue reached 78.84 million yuan, a year-on-year increase of 5.59%, and the LED business gross margin was 21.21%.
In the semi-annual report, Lin Yang Electronics said that the company mainly expanded and extended its lighting engineering business in the first half of the year, actively participated in the municipal engineering and rural road lighting project bidding work, through the transformation of the production line, the simplification of the process, the introduction of the whole Automate production lines to improve product quality.
In the first half of the year, Linyang Lighting, a subsidiary of Linyang Electronics, was awarded 7 design patents and 3 utility model patents, and expanded the popularity of Linyang brand in the market through brand promotion.
In December 2012, Linyang Electronics announced that it had invested 50 million yuan to set up a subsidiary, Linyang Lighting, to engage in LED-related business. Its production base is located in Qidong, Jiangsu, and its marketing center is located in Pudong, Shanghai. With the help of parent company channels, technology, capital and many other advantages, Linyang Lighting has stepped into the LED lighting industry and has become a rising star in a short period of time. Linyang Lighting is principally engaged in the R&D, production, sales and engineering installation of LED lighting fixtures, drive power supplies and intelligent control systems. At present, Linyang Lighting focuses on intelligent lighting system solutions, focusing on market segments such as LED light source, road lighting, architectural lighting, landscape lighting and office lighting.
Since then, Lin Yang Electronics has carried out several rounds of capital increase for Linyang Lighting. At present, the registered capital of Linyang Lighting is as high as 150 million yuan.
Prior to 2014, Linyang Electronics' LED engineering business contract volume and major customer business contract amount exceeded 100 million yuan respectively; operating income reached 150 million yuan, nearly 300% increase, and successively won the bid for the lighting project of Qidong section of the Linhai high-grade highway in Qidong City. "2014 Rural Road Lamp Project in Huiping Town, Qidong City", "2014 Rural Road Lamp Project in Donghai Town, Qidong City" and "Nantong Binhai Park Linhai High-grade Highway and Related Road Lamp Project" and "Secret Road in Qidong City" Road lighting project and other projects. At the same time, its foreign trade business achieved zero breakthrough, and obtained the first order in the Middle East, Brazil and other markets.
In 2014, Linyang Lighting successively established strategic partnerships with South Korea's Samsung and American Cree in the LED industry chain, and reached a cooperation agreement with Op Lighting and Panasonic Lighting in the development of LED light source products. The products are sold at home and abroad. The performance of the T8 tube is particularly outstanding.
The financial report shows that the net profit of Linyang Lighting in the first half of 2015 was 1,084,900 yuan.
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