Alto Electronics' 2018 semi-annual management review shows that in the first half of 2018, Alto Electronics carried out various tasks based on the "smart +" strategy formulated at the beginning of the year, and strived to create "smart + LED applications" and "smart +" The three major "smart +" business segments of "financial technology" and "smart + sports new business" have achieved new highs in operating indicators such as operating income and profit.
It is worth mentioning that as of July 15, 2018, Alto Electronics has a total order amount of about 1 billion yuan, which laid the foundation for achieving the "leap-forward" development goal for the whole year.
On August 7, Alto Electronics released its semi-annual report for 2018. During the reporting period, Alto Electronics achieved operating income of 792 million yuan, an increase of 77.92% over the previous year; realized net profit attributable to shareholders of listed companies of 83.13 million yuan, compared with the previous year. The increase was 36.10%.
Alto Electronics said that “the year-on-year increase in the first half of 2018 was mainly due to the increase in operating income of the company during the period.â€
As far as LED applications are concerned, Alto Electronics has entered the World Cup for three consecutive years. In the first half of 2018, the sales scale has reached a new high. According to the financial report, due to the significant growth in sales of LED application business, Alto Electronics achieved sales revenue of 720 million yuan in the LED application business in the first half of the year, an increase of 72.78% compared with the same period last year. Among them, overseas operating income was 104 million yuan, an increase of 27.65% compared with the same period last year.
As is known to all, LED landscape lighting has strengthened the combination of art and technology. Based on the background of the economic development of night travel, it has gradually developed towards the direction of intelligent, energy-saving and comprehensive urban lighting transformation. Up to now, LED landscape lighting is in the industry's blowout period.
According to the data of the High-Technology Research Institute LED Research Institute (GGII), the scale of China's landscape lighting market reached 67.8 billion yuan in 2017, with a growth rate of 21.5%. In 2018, driven by the brightening and upgrading of urban smart lighting, the LED landscape lighting industry is still in a state of blowout.
GGII estimates that the size of China's landscape lighting market will reach 78 billion yuan in 2018, with a growth rate of about 15%. If we maintain this growth rate, the scale of China's landscape lighting market is expected to reach 103.16 billion yuan in 2020. From the perspective of the investment in landscape lighting from characteristic towns, it is assumed that the average investment amount of a single characteristic town in 2020 is about 5 billion yuan, of which the proportion of landscape lighting is 2%, then the investment in landscape lighting driven by 1000 characteristic towns The scale is 100 billion yuan.
I believe everyone has noticed that in recent years, Alto Electronics has continuously increased its layout in LED lighting landscape lighting, and its position and scale in the industry have also been greatly improved.
During the reporting period, Alto Electronics' subsidiary Qianbaihui undertook the Qingdao Shanghe Summit Summit City Lighting Project, Xi'an Luhe Project, Shenzhen Shennan Road (Futian Section) Landscape Lighting Improvement Project, and Shennan East Road Landscape Lighting Improvement The lighting construction of several core sections, such as the project I section (Luohu section) and Sanya city lighting renovation, is widely appreciated by the owners and tourists.
At the same time, with the rise of concepts such as “beautiful China†and “characteristic townâ€, LED display applications have accelerated penetration into municipal engineering, and demand has increased significantly compared with the past. Cooperation between Qianbaihui and Alto Electronics LED application business units It is also closer, further enhancing the level of strategic synergy.
Of course, in addition to the excellent achievements in the LED landscape lighting of the fist products, Alto Electronics has also made major breakthroughs in the research and development of new products and new technologies.
For example, during the reporting period, Alto Electronics officially released MiniLED products. Its newly developed "Mini LED commercial display system" solves the problem of easy damage of ultra-small-pitch LED display, non-field maintenance of COB products, surface ink color and display color consistency. The system has more than 30 products from all over the world. Authorized patent. At the same time, Alto Electronics also launched an outdoor P1.8 LED display, high-definition energy-saving, energy consumption reduced by 40%, technology to achieve industry-leading level, can be applied to outdoor digital media and traffic display and indication applications.
Overall, Alto's growth in the first half of the year is inseparable from its industry-leading research and development capabilities and continued brand influence. In terms of R&D, Alto Electronics has established a core R&D team that is guided by technological innovation and implements a technology-leading global development strategy. Through the endogenous extended two-wheel drive model, it continuously absorbs excellent technical teams and leading technologies, and always adheres to In terms of brand, Alto Electronics has been focusing on providing high-quality products and services to high-end markets and customers at home and abroad, insisting on global expansion and operation with independent brands, and continuously satisfying through technological innovation and quality services. Increase customer profitability by increasing customer value in the high-end market.
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