Moso Power's strategic cooperation locks 400 million LED orders

On June 10, 2015, Moso Power signed a Strategic Cooperation Agreement with the listed company Feilo Audio and Hangzhou Maple Yongming Optoelectronics Co., Ltd., and during the period of 2015-2016, Feile Audio plans to purchase from the company. LED driver power supply 300 million yuan, Maple Yongming plans to purchase LED outdoor drive power 100 million yuan from the company strategy.

According to the company, this strategic cooperation agreement can enhance the sales of the company's main business and enhance the company's profitability; since this agreement is a strategic cooperation agreement, the implementation of the agreement depends on the specific circumstances of the partner, the actual transaction amount There are still certain uncertainties in future earnings, and there is also the possibility that it will not be fully fulfilled in the future. It will have a certain positive impact on the future development of the company. This agreement has been signed by the representatives of both parties. The agreement has not been stamped and this agreement is signed by both parties. (Seal) will take effect.

In 2014, Maoshuo Power's main business income was 628 million yuan, and the net profit loss was 47.85 million yuan. The company's first quarterly report predicts that the net profit for the first six months will be -30 million yuan to 10,000 yuan (the net profit for the same period of the previous year was 1,374,600 yuan); the reason is that the LED driver power supply performance has not reached the expected target, and the performance of the holding subsidiary has not been released; During the reporting period, Shenzhen's minimum wage was raised and manufacturing costs increased. The capacity increase of Huizhou's factories was not fully reflected, and asset depreciation expenses increased. The increase in long-term investment led to a significant increase in total bank borrowings during the reporting period compared with the same period last year, and interest expenses increased.

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