The LED industry's first semi-annual report for 2018 was announced.
On August 1, Dongshan Precision announced the "2018 Semi-annual Report". The report shows that Dongshan Precision achieved operating income of 7.212 billion yuan in the first half of 2018, an increase of 17.83% year-on-year; net profit attributable to shareholders of listed companies was 260 million, a year-on-year increase. 117.93%.
For the rapid growth of performance, Dongshan Precision said that during the reporting period, with the increase in customer demand and the gradual release of new production capacity, the company's FPC products and other products accounted for a rapid increase in revenue and profit contribution. While maintaining stable operation and stable performance, the company actively takes various measures to keep up with the new development trends of the industry and continuously meet customer needs.
As a leading manufacturer of all-round intelligent interconnected and interoperable core devices, Dongshan Precision provides a full range of smart interconnect solutions for customers worldwide, covering printed circuit boards, electronic devices and communication equipment. Products are widely used in consumer electronics. , telecommunications, industry, automotive and other industries.
In the first half of 2018, the company promoted key tasks efficiently and continuously optimized its comprehensive management capabilities. With the gradual production of Yancheng production base and the continuous improvement of the company's core products in the industry, the company's capacity scale advantage and resource integration advantages continue to be highlighted. By adhering to the customer-oriented business strategy, we will guide the application of technology industrialization, increase R&D investment and construction of smart factories, strengthen internal management, improve product quality and delivery capabilities, and actively strive for the realization of the company's development strategy.
In order to promote the growth of performance, Dongshan Precision closely closes to the needs of customers and does a deeper and better segmentation industry. The company's LED device products can provide a wide range of product types and subdivided product models according to the needs of different customers, and ensure user experience. The company's FPC products provide differentiated product solutions and mass production plans for customer needs in different industries.
In addition, while ensuring the steady development of the company's business, in order to actively respond to the changing needs of customers and industries, and to optimize costs and improve efficiency, the company actively promotes the construction of smart factories, based on the support of comprehensive information systems, and through the Internet of Things. Technology, automation technology, etc., to improve the level of intelligence in production planning and manufacturing and delivery systems. Dongshan Precision has built a modern, large-scale smart factory with Yancheng production base as a sample to enhance its manufacturing and service capabilities.
In terms of R&D, the company has a complete open R&D system, an efficient R&D mechanism and an innovative R&D team. Through continuous independent innovation, the company's core competitiveness is enhanced, which provides a strong guarantee for the company's sustained and rapid development. According to the semi-annual report, in the first half of this year, Dongshan Precision R&D investment reached 116 million yuan, a year-on-year increase of 33.47%.
Dongshan Precision has formed a technical system covering all product lines through unremitting independent innovation. The company pays attention to R&D investment. In recent years, the scale of R&D team has maintained rapid growth, and R&D and talent teams have been continuously improved. Through accurate grasp of market trends, targeted product research and development to quickly meet customer needs.
In addition, the company is deeply rooted in the main business and actively promotes industrial integration. In the first half of the year, on the one hand, the company promoted the merger and acquisition of overseas high-quality industries in the same industry, achieved focus on the main business, strengthened and expanded, cultivated a profound endogenous growth momentum, and actively built a reasonable product and customer advantage. On the other hand, it began to divest non-core business, improve quality and efficiency, lightly install, and honed the industry team with more core competitiveness, striving to make the company's industry position more prominent and its business performance more stable.
Antenna for GSM,GSM Antenna,GSM External Antenna,GSM GPS Antenna,GSM GPRS Anetnna,GPS Antenna
Yetnorson Antenna Co., Ltd. , https://www.yetnorson.com