Order-driven performance improved rapidly, Xingyu shares fully deployed intelligent network

Xingyu shares released 2016 semi-annual report: During the reporting period, the company's main business continued to maintain rapid development, achieving operating income of 1,541,972,600 yuan, a year-on-year increase of 35.47%, and achieving a net profit attributable to shareholders of listed companies of RMB 172,470,600, an increase of 27.07 %.

Xingyu Technology, a wholly-owned subsidiary of Xingyu Co., intends to increase the capital of Jiangsu IOT Network Technology Development Co., Ltd. by no more than RMB 20 million and acquire 20% of the shares of the target company.

During the reporting period, the company continued to maintain rapid growth. In the report period, the company undertook 85 new lights and 55 new lanterns, up 29% and 77% respectively. Driven by the hot models such as Bora, Jetta, Corolla and GS4, the company's vehicle lamp business revenue reached 1.38 billion yuan, a year-on-year increase of 38.89%, and the gross profit margin remained at 23.16%.

The products have entered the high-end intelligent channel. The company has obtained many development tasks such as Audi's two models of headlights and Volkswagen's two models of LED headlamps. In addition, the company's first generation of adaptive high beam headlamps (ADB headlamps) was successfully developed, and the nighttime assisted driving (NADS) solution was first introduced in the industry, and the promotion of the company's intelligent products can achieve complete channels with the original business. shared.

Entering the intelligent network to enhance the supporting service level. The wholly-owned subsidiary Xingyu Technology has acquired 20% of the shares of Jiangsu IOT Technology, supplementing its own IOT information terminal, vehicle enterprise vehicle network data operation platform, telematics system and data. The supply and service capabilities of value-added services are in line with the company's intelligent, global and high-end development strategies, which will promote the company's development in the field of car networking and V2X.

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