Along with the rising tide of the LED industry, a new round of investment expansion is also beginning to emerge.
Wanrun Technology (002654) announced today that its wholly-owned subsidiary Wanrun Technology Hubei Co., Ltd. (hereinafter referred to as “Hubei Wanrunâ€) plans to raise funds of RMB 198.15 million to invest in the construction of Wanrun Technology Hubei Industrial Park in Xiantao City, Hubei Province. Further improve the industrial layout and regional layout of Wanrun Technology in the domestic LED market, and enhance the comprehensive competitiveness and profitability of the LED industry.
With a total construction area of ​​64,766.55 m2, the project will build 2 workshops, 1 R&D building and 2 dormitories for R&D, production and sales of LED light source devices and LED lighting products.
The announcement said that the project will help to further improve the industrial layout and regional layout of Wanrun Technology LED products in the domestic market, enhance the market share and popularity of LED products in the Midwest market, foster new profit growth areas, and enhance the integration of LED industry. Competitive strength and profitability.
Wanrun Technology's 2016 semi-annual report shows that the company achieved operating income of 583 million yuan, an increase of 89.32% over the same period of the previous year; realized total profit of 75.478 million yuan, an increase of 215.74% over the same period of the previous year; realized net profit attributable to shareholders of listed companies 6,334.38 Ten thousand yuan, an increase of 205.50% over the same period of the previous year. The company's earnings per share is 0.0835 yuan.
Among them, LED business realized operating income of 452 million yuan, accounting for 77.51%, achieving net profit attributable to shareholders of listed companies of 37.17 million yuan, accounting for 58.72%, still an important driving force and profit source of the company's performance growth.
In the past two years, industry transformation has become a major trend, and Wanrun Technology has also been involved in the transformation tide. Different from other LED transformation enterprises, Wanrun Technology still attaches great importance to LED main business. In the future, it will further cultivate in the key segments of LED industry and integrate superior resources through mergers and acquisitions.
Li Zhijiang, chairman of Wanrun Technology, said that “the old can't be lostâ€. Although the powerful Internet has come in, LED will continue to do in the future, and it will increase investment. It is only from strategic considerations, the future investment of LED will be large-scale. It is impossible to continue, but the technical transformation and individual products will be re-invested; in addition, the packaging should be transferred to the lighting, and the packaging market should be turned to the supporting services of the industrial chain. â€
On the 26th, Wanrun Technology announced that the company signed a Project Investment Agreement with the Fuling District People's Government of Chongqing Municipality in Fuling District, Chongqing on May 26, 2016, authorizing the wholly-owned subsidiary Shenzhen Rishang Optoelectronics Co., Ltd. Invested RMB 100 million in the construction of the LED Industrial Park project in Fuling District, Chongqing.
According to the announcement, the overall planning land for the project is planned to be located in the west of Hefeng Avenue in Fuling New District, north of Juye Avenue, covering an area of ​​about 100 mu (based on the actual demand of the project). The specific land use is marked on the land certificate. And the express four boundaries and area shall prevail.
The project is subject to overall planning and phased construction. It is expected to start construction in early 2017 with a construction period of 2 years. The project construction was solved by Shenzhen Rishang Optoelectronics Co., Ltd. by itself.
As is known to all, Chongqing is a core city in the west, backed by the southwest, and is an important transportation hub in the west. It has prominent geographic location advantages and has outstanding geographical advantages and industrial clustering advantages in the national “Belt and Road†strategy. Therefore, the LED lighting market has great potential.
Wanrun Technology said that the authorization of Shenzhen Rishang Optoelectronics Co., Ltd. to set up a project company in Fuling District, Chongqing, will help improve the company's regional layout in the LED lighting industry, open up the western LED lighting market, and further enhance the company's LED lighting. Profitability and comprehensive competitive strength.
In addition, LED Industrial Park is mainly used to build R&D, production and sales bases for LED indoor and outdoor lighting and lighting engineering products (such as: LED modules, LED strips, LED panel lights, LED drive power and LED street lights, etc.) At the same time, LED upstream and downstream supporting enterprises will be introduced to create an LED industrial park integrating R&D, production and international and domestic trade.
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