Keep an eye on large customers Alto electronic coded layout of the domestic market

"The future of LED application in business and financial electronic business, alto Electronics will increase in the domestic market promotion efforts. "Today (25), alto electronics secretaries Yang four in an interview with LED Chinese network editor said.

The evening of September 24th, alto Electronics announced that the company set up a wholly-owned subsidiary of Beijing autuo Electronics Technology Co., Ltd. in Beijing city of Haidian District investment (hereinafter referred to as Beijing Alto), and recently obtained the relevant licenses. Beijing aotoo registered capital of 10 million yuan, the company's own funds invested 10 million yuan, accounting for 100% of the registered capital.

The company said the investment in the development of the company's domestic business has an important role. The establishment of the Beijing Alto, will help the company to expand the company's business in Beijing as the center of the North China and Northeast China, expand its brand influence, as well as the introduction of high-end talent. The foreign investment funds for the company's own funds, the development of the investment project of the company's operating results for the year 2014 no significant impact.

"We are headquartered in Shenzhen, Beijing has many large customers, the establishment of the Beijing Alto can further strengthen ties with customers, understand customer needs. According to Yang Sihua introduction, the national radiation customers Alto electronic financial electronic business, mostly in Southern China. "In the future, we will expand our market in the north. "

A single LED display business, the Alto electronic LED display business mainly in the overseas market. "In the future through the marketing mechanism and powerful platform, we will strengthen efforts to develop the domestic LED display business, the establishment of a subsidiary of Beijing Alto is to build such a platform. "

According to the Alto electronic 2014 semi annual report shows that the first half of the total revenue of 174 million yuan, overseas sales of 58 million 463 thousand and 800, the proportion of total revenue 33.67%. In terms of industry, its LED application business revenue 152 million yuan, financial electronic business revenue of $21 million 690 thousand and 700. Sub products, the LED video display system 106 million yuan, LED information release and indicator system for 32 million 584 thousand and 500 yuan, 13 million 825 thousand and 200 yuan of LED lighting products, electronic receipt system 9 million 812 thousand and 300 yuan, LCD advertising machine 5 million 780 thousand and 700 yuan, other 6 million 97 thousand and 600 yuan.

The proportion of domestic business in the second half of the year will certainly increase, a lot of domestic business settlement, orders will be higher this year, the proportion of domestic sales accounted for the situation is not good enough to say. "Yang four said, from last year's situation, alto electronics domestic sales and overseas sales accounted for a considerable, but the LED display application business does to the majority of overseas sales, and therefore the future of the Alto electronic LED display business to increase development efforts in china.

For the current LED display industry is facing the "accounts receivable", Yang Sihua said, the accounts receivable mainly in the financial electronic cash sales to customers, mostly in the LED display applications, "our customer credit rating is relatively strict, advocates' have for, have not for", so as to ensure the quality of enterprise the growth of. "

Alto electronics in 2014 semi annual report, the final accounts receivable balance of 66 million 966 thousand and 700 yuan, 55 million 599 thousand and 400 yuan increase of 20.44% compared to the beginning of the period.

Wu Xiaogang, general manager of general manager, said, accounts receivable in the entire industry are prominent, because the manufacturers spoiled the customer, unless you do not domestic market. "(text / China LED network Sophie)

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