On the evening of January 30, Guoxing Optoelectronics (stock code: 002449) released the “2017 Annual Results Expressâ€. The Express disclosed that during the reporting period, the company achieved a total operating income of 3.471 billion yuan, a year-on-year increase of 43.55%, a record high.
2017 main financial data and indicators
In 2017, under the correct leadership of the company and the board of directors of the company, Guoxing Optoelectronics thoroughly implemented the strategic deployment of high-tech, market internationalization and production scale, and continued to strengthen according to the management policy of “climbing new peakâ€. Technological innovation, deepening market expansion, and improving internal fine management, the company's operating performance has achieved a substantial leap, and all aspects of work have made great progress.
Strengthen technological innovation and drive high-tech
In 2017, the company continued to strengthen its technological innovation advantages, focusing on technological frontiers and emerging application areas, and successively launched domestic first-class products such as infrared 3535 devices for iris recognition, low-sulfurization photo-bleaching COB2326 devices, and RS1415 outdoor small-pitch devices, as well as UV. High-performance new products such as LED modules, dimmable COB, high color gamut LB, and borderless panel lights have won the title of “Top 100 Comprehensive Innovation Strength of High-tech Enterprises in Guangdong Provinceâ€. By the end of the year, the company had applied for 426 patents, and 357 patents had been granted, including 49 invention patents, which provided a solid technical guarantee for the company's future performance growth.
Promote market internationalization based on market superiority
In 2017, the company closely followed the market demand, giving full play to the advantages of high-end products, focusing on the promotion of REESTAR brand, high-efficiency white light devices, LB, panel lights and other core products, highly recognized by the international market. Display devices are in the leading position in the industry, among which the small-pitch series production and sales rank first in the world, and white-light devices rank among the top three in China, and epitaxial chips and downstream applications have also achieved significant growth. In addition, the company relies on global channels such as German subsidiaries and US subsidiaries, and its annual export volume has increased by more than 80% year-on-year. The company successfully entered the 2017 Q2 global LED packaging factory TOP10 (IHS Markit).
Deploy capacity expansion projects to achieve scale of production
In 2017, the company's product market share continued to increase. In order to alleviate the pressure on production capacity, the total investment amount of the company's packaging projects reached 1.45 billion yuan in 2016. At present, the SMD LED production capacity reaches 8000 KK/month, and the small-pitch series capacity is directly rushed to 2000 KK/month. The scale of production is far ahead of the world. The production scale of epitaxial chips has increased by more than 60% year-on-year, which has provided strong support for the development of the company's packaging business. The production scale of Guoxing Lighting has been further expanded, and the automated production line has been further expanded. The monthly production capacity of panel lights exceeds 250,000 pieces, and its export volume ranks among the top 10 in China.
Carry out refined management and implement safety production normalization
In 2017, the company continued to implement the key work plan projects throughout the year, and effectively carried out benchmarking management, cost reduction and automation transformation, and effectively ensured high quality and high efficiency of production and operation activities. In addition, the company fully implements the safety production responsibility system, strictly implements various safety and environmental protection rules and regulations, and closely carries out a series of activities such as winter spring fire prevention and control and safety production special protection period to carry out safety production work of the company. No major safety and environmental protection occurred throughout the year. The accident has ensured the stable and safe development of the company.
Fully implement the strict management of the party and promote the long-term development of party building
In 2017, the company solidly promoted the strict management of the party, strictly controlled risks, and comprehensively strengthened party building work. The implementation of the patrol supervision and feedback problems, self-examination and self-correction, and the inconsistency, the establishment of the party and mass work department, and strengthened the allocation of full-time party personnel. The powers of the party committee and the disciplinary committee will be written into the company's articles of association, and it is clear that the matters concerning the company's development strategy, medium- and long-term development plans, and the company's production and operation policies, including the “three majors and one major†must be discussed before the party committee. Through a series of party building activities, the general direction of the company's development is more clear, the relationship between the party and the masses is more harmonious, and the production and operation are full of vitality and vitality, and comprehensively enhance the comprehensive strength of the company.
In 2018, under the leadership of the company and the board of directors of the company, Guoxing Optoelectronics will continue to deepen the overall strategy of enterprise development based on “packaging, bigger and stronger, taking into account the vertical integration of upstream and downstreamâ€, focusing on “high-tech and sophisticated technologyâ€. Strategy, market internationalization, production scale, strategic deployment, innovation, forge ahead, further strengthen party leadership and party building, improve corporate management system, we are confident to build Guoxing Optoelectronics into an internationally renowned LED enterprise Strive to write a new chapter in the new era.
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NINGBO UONICORE ELECTRONICS CO., LTD , https://www.uniconmelectronics.com