Wanrun Technology's net profit for the first quarter of 2016 increased by 279.23%

On April 22, Wanrun Technology (002654) released its first quarter results report. Wanrun Technology achieved operating income of 189 million yuan in the first quarter, an increase of 78.54% over the previous year; net profit attributable to shareholders of listed companies was 8.3 million yuan. , an increase of 279.23% over the previous year.

According to the data, Wanrun Technology has integrated the mid-stream and high-end LED assets and improved the industrial chain by acquiring the above-mentioned solar energy, participating in Zhongshan Auman and investing in Changchun Wanrun in the context of homogenization of LED industry products and price competition. . At the same time, under the trend of LED industry transformation, Wanrun Technology has integrated the three Internet advertising media companies through acquisition and equity participation, and entered the field of Internet advertising media to cultivate a new source of profit for the company.

Wanrun Technology's 2015 annual report shows that the company achieved operating income of 839 million yuan, a year-on-year increase of 60.34%; net profit of 56.48 million yuan, an increase of 39.79%.

Under the tide of industry transformation, Wanrun Technology has also begun to transform. Different from other LED transformation enterprises, Wanrun Technology still attaches great importance to LED main business and integrates superior resources through mergers and acquisitions.

Wanrun Technology said in its annual report that the LED industry has entered a mature period from the growth stage. During the reporting period, Wanrun Technology's management based on the judgment of the LED industry market status and future development prospects, focusing on the company's development strategy, through the acquisition of the company, participation in Zhongshan Auman, investment in Changchun Wanrun, etc., integrated LED midstream and downstream quality Assets, improve the supporting of the industrial chain, and consolidate the LED business foundation.

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