Hongli Optoelectronics changed its name to "Hongli Zhihui" today "LED + Internet of Vehicles" two-wheel drive

On the evening of July 18, Hongli Optoelectronics (300219) announced that it had been approved by the company and approved by the Shenzhen Stock Exchange. Since July 19, the company has started the new securities abbreviation “Honglizhihui”, the company’s securities code is not Change, still 300219.

"In order to reflect the company's strategic transformation, Hongli Optoelectronics changed its name to 'Hongli Zhihui', demonstrating the determination of the layout of the car network to the market, combined with the existing LED business to form the 'LED + car networking' dual main business." Hongli Zhihui Vice President Manager Wang Gaoyang mentioned.

In fact, the reason for the name change is that the current name of the company can not fully and accurately reflect the future business content and characteristics of the company. In order to better reflect the company's dual main business layout, it is more conducive to promoting the company's diversified development strategy. Change of company name and stock abbreviation.

Previously, Hongli Zhihui had a layout in the field of car networking: In 2015, Hongli developed its development strategy as the “LED+Car Network” dual-main business drive. In the second half of 2015, it participated in Dina Technology (investment of RMB 45 million). It is planned to participate in the Zhuhang School Bus (investment of RMB 30 million, accounting for 20% of the shares), and jointly established the Internet of Vehicle Industry Fund with Jiupai Capital, Tiansheng Yunding and Dongfang Yunding.

After participating in the Dina Technology and Zhuhang School Bus and setting up the Internet of Vehicle Industry Fund, the wholly-owned subsidiary Hongjun Investment set up Anhui Hongchuang, entered the field of new energy vehicles, etc., all of which was the first time that Hongli Company supplemented the main business of the car network. On the second attempt, Hongli is actively deploying in the Internet of Vehicles industry through various means and ways, and strives to cultivate the Internet of Vehicles into the second main business.

“Since its establishment in 2004, the company's main business is the R&D, production and sales of LED devices and their application products. In the past two years, according to the future development strategy formulated by the board of directors, the company's management has fully investigated and repeatedly demonstrated the LED main Under the premise of becoming bigger and stronger, the active deployment of the car networking industry has laid a certain foundation for the company to create a 'LED + car networking' dual main business format." This announcement mentioned.

Indeed, with the in-depth layout of automotive lighting and general lighting business, this year Hongli Zhihui has ushered in a harvest period. Among them, Hongli subsidiary Foday Signal is responsible for the automotive lighting business performance, and the net profit contributed in the first quarter of 2016 is about 1000. Ten thousand yuan.

From June 30 this year, Hongli Zhihui disclosed the 2016 semi-annual performance forecast. It can be seen that the net profit attributable to shareholders of listed companies in the first half of the year was 13117.71-142.583 million yuan, an increase of 130%-150 over the same period of the previous year. %, the company's performance has entered a high-speed growth track.

"The company's performance growth rate exceeded expectations, and the future development of the car networking business is more worth looking forward to." Wang Gaoyang said.

In addition, in order to maintain the continued high growth of LED main business, the company's Nanchang LED production base will be put into production in the near future. Hongli said that the capacity expansion will be arranged according to the LED market demand and the actual situation of the company.

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