LED display international market space is still blue ocean overseas market?

Abison (300389) chairman Ding Yanhui listed in the reception slot, enumerate all sorts of entrepreneurship and listing is not easy, which is "twenty years without a shower", "review too slow" and other words sparked heated debate. A capital market rookie Ding Yanhui and his company Absen, boarded the opinion in the teeth of the storm.

In the two grade market, Abby's shares after the listing of the continuous rise, the performance is very eye-catching, as of August 19th closing price of 65.14 yuan, the company is 18.43 yuan / share issue price rose 253%. What exactly is this controversial enterprise in the end? What are the stories behind Ding Yanhui? Recently, the reporter interviewed the chairman of this quite sensible.

Don't care about stock price

Sitting opposite the reporter Ding Yanhui, has been unable to see the early signs of hard work to leave, to see the company after the listing to bring him a sense of ease. When a reporter told him that the speech on the list has been successful to give himself and businesses have done a beautiful marketing, he said that this is not his original intention.

"After the reception I listened to a lot of people are looking for me to speak a speech, so put the speech on the official WeChat aibisen. "Ding Yanhui said, his speech is the day at 4 o'clock in the morning up to write, just like.

In fact, the early Ding Yanhui in the media, was an enterprise Journal reporter, although only a few years time, but the love of words has been extended down.

For now, Abby's shares, Ding Yanhui does not care, he is not worried about the risk of short-term speculation after the fall of the late. The problem of the market to the market to solve. He said.

Abison talked about the market in the process of Ding Yanhui is still feeling some striking one snag after another, and took the approval but for two years before release, the Commission suspended shares of factors, there are also other reasons. "

"Mainly because of our performance is too good, in 2013, a company's net profit is equal to the rest of the 4 LED display companies listed in Shenzhen, and the sum of the net profit. He said. As more than 80% of the company's market in foreign countries, customers are distributed in the more than and 110 countries, which has brought a lot of financial verification workload, but also spent a lot of time.

Ding Yanhui believes that the scenic mountains and rivers, broke a series of financial fraud events that aibisen hurt. For fraud companies should be seriously investigated for legal responsibility, increase the cost of illegal, illegal, so as to purify the capital market, accelerate the efficiency of financing. "

Ding Yanhui told reporters that he is a Christian, different views on wealth and life. "Work is for glory, not only do I think so, but most of the people in my team agree with the mission. It is a very serious social problem that we now have a one-sided pursuit of the value of money in this society. "

Market space is still large

In the first half of this year, Abison's main revenue and net profit grew by 60% or so, outstanding performance in the peer. Ding Yanhui believes that the display industry is still a lot of room for growth, the company will not consider investing in other areas in the short term.

We do not take into account the direction of the annual sales of 3 billion yuan before the display. Ding Yanhui said,

"Our main competitor in the international market is the US, which is much cheaper than ours. In addition, there are many gaps in the international market, such as Brazil, Russia, in fact, the international market space is still large. "

In recent years, the focus gradually display technology from abroad to the country, the importance of the domestic market is also increasingly attracted Absen concern, but the international market is still Absen future continue cultivating area. 2013, Abison LED display export sales reached 580 million yuan, far ahead of peers.

Early in the domestic market, Abby have had experience of loss, vicious competition, a large number of accounts receivable seems must face competition in the domestic market of enterprises. Relatively speaking, although the international trade policy is more complex, but Abison in the international market is more comfortable.

The domestic market, we follow the 'three no' principle, do not attempt to profit, do not want to lose money, do not cause trouble. "For the growing domestic market, Abison is still more cautious.

The domestic market this year, our goal is 250 million yuan, an increase of $147 million compared to 2013, China's business district, we will still have a choice to do the work of 70%. Ding Yanhui said.

Interview excerpts

Reporter: how do you view the current development of the LED industry? What is the future trend?

Ding Yanhui: LED upstream investment some overheating, packaging is also good last year, the downstream application market is facing a broad space for development, the current market capacity can be completely digested. Display market potential is still great.

Reporter: the company's products accounted for a relatively high OEM, which will have an impact on the valuation of the enterprise?

Ding Yanhui: in fact, this problem has been explained many times. For the brand I see, the industry is very high visibility brand. Our customers are leasing companies and other performing arts, product sales when it should be each other's needs to LOGO and their phone call on our products, the customs finds when we think we are OEM products