Qinshang Optoelectronics realized a medium-term net profit of 54.59 million, up 20% year-on-year

On August 29, Qinshang Optoelectronics released a semi-annual report. During the reporting period, the company achieved operating income of 462 million yuan, a year-on-year increase of 26.78%; realized net profit attributable to shareholders of listed companies of 54.59 million yuan, an increase of 20.02%; The profit was 53.62 million yuan, a year-on-year increase of 42.64%; the basic earnings per share was 0.15 yuan.

In terms of products, in the first half of the year, Qinguang Optoelectronics indoor lighting grew rapidly, achieving operating income of 68.49 million yuan, an increase of 95%; outdoor lighting realized operating income of 240 million yuan, an increase of 16%; landscape lighting realized income of 140 million yuan, It increased by 27% year-on-year. From a regional perspective, the company's foreign business grew rapidly, up 32.57% year-on-year; while the domestic market was basically flat.

This year is the year of the company's terminal channel construction. In the domestic market, the company strengthened its original channels and accelerated the laying of new channel networks. It continued to promote the “100-City Stores” program and improved the layout of the national channels. As of the end of the reporting period, the company has developed 232 agents and completed the terminal retail sales. There are 860 stores (including agents to build stores), of which 15 are image stores, 280 are specialty stores, and 565 are exclusive stores. In the international market, the company is mainly engaged in independent brands, and has continuously developed into a market such as Korea. While maintaining the market share of developed economies such as Europe and the United States, it has intensified its cultivation and development of emerging markets.

The company's "factory incubation" program has been recognized by the market, and the business of this model has been developed smoothly. As of the end of the reporting period, a total of 17 incubators have been contracted to break through regional barriers and localize products.

In terms of e-commerce channels, the company plans to launch third-party B2C and B2B e-commerce platforms, increase network promotion efforts and sales efforts, and seize the network sales share of Led Lighting. It is expected to realize online transactions in the third quarter of 2013.

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