Execution failed to meet expectations Alto Electronics won the CNC LED screen order amount is still 12.25 million

On October 14, Alto Electronics announced that as of September 30, the company's first batch of orders from China's Xinhua TV was estimated to be 12.25 million yuan. At present, the commissioning installation of the network control platform software of the advertising system has been completed and the acceptance is passed. The manufacture and installation of the LED display body is progressing. One of the LED display panels has been installed, passed the acceptance and put into use, and the remaining LED display panels will be installed after receiving the installation notice of China Xinhua TV.

According to the announcement, the company will negotiate with China Xinhua TV on the implementation of the order to speed up the project. Since this contract is a framework contract, the contract is performed in the form of purchase orders confirmed by both parties.

On November 12, 2012, Shenzhen Alto Electronics Co., Ltd. signed the “Customer Contract for Outdoor LED Full Color Screen and Advertising Distribution System” with China Xinhua TV Holdings Co., Ltd. China Xinhua TV is committed to purchasing 200 outdoor LED full color screens from the company. The area of ​​each display screen is based on the size determined by the site design and installation, and the unit price is 15,000 yuan/m2. China Xinhua TV promised that the purchase period of 200 full-color screens will be 12 months, that is, China Xinhua TV will try its best to issue 200 screen purchase orders to the company within 12 months from the date of signing this contract.

It is reported that from November 12, 2012 to December 31, 2012, Alto Electronics received the first batch of orders from China Xinhua TV, the total amount is estimated to be 12.25 million yuan, including the outdoor LED display price of 11.25 million yuan and a set The advertising system network control platform software price is 1 million yuan.

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