On July 15, Zhouming Technology (300232) released the first half of 2016 performance forecast. It is estimated that from January 1 to June 30, 2016, the net profit attributable to shareholders of listed companies will be 68 million yuan - 71 million yuan. The year-on-year growth was 19.15%-24.41%. At the same time, Gaogong LED found that the first quarter of 2016 achieved revenue of 269 million yuan, a year-on-year increase of 26.33%, and realized a net profit attributable to the parent company of 2016 million yuan, a year-on-year increase of 159.94%, in line with expectations. Zhou Ming Technology said that its performance in the first half of this year continued to grow, which was due to the continued growth of orders and revenues of the parent company's overseas market during the reporting period. In addition, the increase in the shareholding ratio of Shenzhen Radio Visual Technology Co., Ltd. (hereinafter referred to as “Redioâ€) Promote rapid growth in performance. As we all know, Chau Ming Technology is mainly engaged in the R&D, manufacturing, sales and service of LED display products and LED lighting fixtures. It is committed to providing high-quality, high-performance LED application products and overall solutions for professional channel customers and end users worldwide. Redio products mainly supply overseas creative screens, with high customization requirements, and the products are fully recognized by the market, which helps to gain advantages and gain a higher market share. It seems that Zhou Ming Technology and Redio will be able to occupy half of the display market. However, it is regrettable that the accumulated net profit of Zhouming Technology in the first half of 2016 decreased by 11.28%-15.03% compared with the same period of last year. It is understood that due to changes in the sales structure of the company, the sales of high-margin products declined in the first half of 2016, resulting in a decrease in net profit compared with the same period in 2015. At present, Chau Ming Technology is deploying new products and opening up new customers. It is expected that new high-margin products will be launched in the second half of the year. In addition, the parent company's production capacity and supply chain encountered bottlenecks, and the production capacity failed to meet the demand for orders, resulting in a slowdown in the parent company's revenue growth in the first half of the year. However, as the Daya Bay plant is put into use in the second half of the year, the growth rate of the parent company's revenue and profits will improve. As early as May of this year, Chau Ming Technology invested 60 million yuan to complete 100% holding Lanpu Technology. This year, due to product strategy adjustment and resource integration, Lanpu Technology has made its original domestic engineering channel undertaken by the parent company. Lanpu Technology focuses on the expansion of the overseas sports market. As the overseas sports market is still in the incubation period, the net profit of Zhouming Technology has declined during the reporting period. Although the net profit has declined, in view of the current development situation, the small-pitch products of Chau Ming Technology still maintain a higher trend than the market growth rate, and it is expected to double the growth. In addition, in order to grasp the trend of industrial upgrading and transformation, Chau Ming Technology has established a development strategy of “industry + internet + financeâ€. In terms of LED display, teamed up with Redio will actively explore the main business as a link to assist Internet tools and extend to cultural media such as content services, media advertising, content and scene services, creative vision, media/match operations. In the field of LED lighting, Chau Ming Technology will continue the spirit of “Internet +†and seek to upgrade from “Hardware Vendor†to “Smart City Lighting Integrated Solution Providerâ€. Solar System Batteries,60Ah Ni-Fe Battery,24V Nickel Iron Battery Bank 60Ah,Ni-Fe Battery 10~80Ah Henan Xintaihang Power Source Co.,Ltd , https://www.taihangbattery.com