On April 19, Lianchuang Optoelectronics (600363) released its 2015 financial report. The report pointed out that in 2015, the company achieved operating income of 2.497 billion yuan, an increase of 27.60%; total profit of 152 million yuan, an increase of 5.95%; net profit attributable to the parent company of 142 million yuan, an increase of 6.85%.

During the reporting period, Lianchuang Optoelectronics' main business is the development, production and sales of optoelectronic devices and application products and cable products. The products are widely used in backlight display for mobile phones and flat panels, LED lamps for lighting, communication cables, wires and cables, and Military applications and other fields.

In recent years, with the continuous improvement of LED technology, the domestic LED industry is developing rapidly, the substitution of LED products is obviously enhanced, the industry's production capacity is expanding rapidly, but the product homogenization is more obvious, and the overcapacity of low-end application products is becoming more and more serious, resulting in products. The price competition situation is getting closer and white, and the downward pressure on the overall economy continues to increase. The growth rate of the LED industry is slowing down, and the competition in the application product market is becoming increasingly fierce.

At the same time, along with the price fluctuations of raw material copper and rising labor costs, the overcapacity in the cable industry, serious product homogeneity and low profitability have not changed, but with the “Belt and Road” and “China” The formal proposal and promotion of manufacturing 2025", "Internet +" and "Industry 4.0" has also brought new opportunities to the development of the cable industry.

Affected by the expansion of industry capacity and low market demand, the gross profit margin of the company's products declined slightly. In view of the current development of the industry, the company is actively striving to transform from the traditional product market to the high-end product market with high technical threshold and large profit margin. It will continue to vigorously develop high-end products such as high-brightness ultra-thin LED backlights, smart lighting and special cables.

Lianchuang Optoelectronics will seize the opportunity of the Jiangxi Provincial Government to create the “Nanchang Optics Valley·Jiangxi Base”, give full play to its LED industry advantages, actively participate in the construction of the Optics Valley base, and further optimize the production process, improve product quality and improve Production efficiency, reduce production costs; Externally, 2015 annual report 8 / 160 Actively promote the company's high-end core products, further increase market share, enhance the company's market influence, and enhance the company's comprehensive operational capabilities.

It is understood that Lianchuang Optoelectronics is the national industrialization base of the "863 Plan", the national "indium gallium nitride LED epitaxial wafer, chip industrialization" demonstration project enterprise, the national high-tech enterprise, the core enterprise of Nanchang National Semiconductor Lighting Engineering Industrialization Base, It has Nanchang Semiconductor Lighting Engineering Technology Research Center and Jiangxi LED Packaging Advantage Technology Innovation Team.

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