Liard recently announced the full-year performance forecast. The company expects 2016 profit of 629 million yuan - 695 million yuan, an increase of 90% -110%.
The company disclosed that in 2016, LED small-pitch TV entered the industry outbreak period, and the shortage of raw materials in the third quarter was alleviated. As of the end of November 2016, the new orders exceeded 1.6 billion yuan.
At the same time, with the rise of Nanchang, Wuhan, Maotai, Chifeng, Shangrao and other cities, and the demonstration effect caused by the G20, the “Night Tour Economy†has become an important project in urban cultural construction, which has led to the LED city landscape lighting entering high growth. During the period, the company's LED lighting business segment performance increased significantly; in summary, 2016 annual operating income can achieve and exceed the target of 4 billion yuan, the current net profit can achieve substantial growth.
The strong performance is also reflected in the annual high-transfer profit distribution plan.
On the evening of December 15, Liard released the 2016 profit distribution plan, which is based on the total share capital of the company as of December 31, 2016, and distributes a cash dividend of 1.3 yuan (including tax) to every 10 shares of all shareholders. The provident fund will increase 10 shares for every 10 shares of all shareholders.
The announcement shows that the plan proposer, more than 5% of the shareholders, directors, supervisors and senior management personnel have no plan to reduce their holdings within 6 months after the announcement.
At the same time as the traditional business accelerated the layout, Liard officially divested the relevant military business independently.
On December 9, Liard issued an announcement. The board of directors reviewed and approved the “Proposal on Investing in the Establishment of Liard Equipment Technology Co., Ltd.†and agreed to establish a wholly-owned subsidiary, Liard Equipment Technology Co., Ltd. in Beijing. Industry and Commerce registration shall prevail).
According to the plan, Liard will set up a wholly-owned subsidiary, Liard Equipment Technology Co., Ltd. (hereinafter referred to as “equipment technologyâ€), with a registered capital of 100 million yuan. The business scope is sales, inspection and testing of electronic display equipment, integrated circuit products, and electronic identification products.
According to the announcement, according to the strategic deployment of the company's development, it is proposed to set up a separate subsidiary to conduct independent accounting for the relevant businesses and personnel of the military industry, so as to better attract senior technical personnel in the military industry and adapt to the needs of the military industry for technology research and development and confidentiality.
The establishment of Liard equipment technology will help to better implement the company's strategy of selling according to industry solutions, and help the company to vigorously develop research on related products in the military industry, which will help the company invest and research in military technology and products. It will help to combine the national military-civilian integration policy and strive for more policy resources.
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