Ruifeng photoelectric: market layout to increase investment, net income growth fell

REFOND August 27th announcement that the first half of 2014 the company achieved sales revenue of 410 million yuan, an increase of 39.42%; but because the company increased R & D investment, the introduction of high-end talent, strengthen marketing and for the development of Future Ltd to increase the layout leads to a larger initial investment and other reasons, management costs 39 million 800 thousand yuan, an increase of 34.42%; sales costs 12 million 180 thousand yuan an increase of 49.97%. Operating profit of 19 million 207 thousand yuan, down by 7.20%; net profit attributable to shareholders of listed companies net profit of $20 million 951 thousand and 300, down by 19.98%.

During the reporting period the company's management and staff actively grasp the development of LED lighting industry opportunities, the annual business plan around the beginning of the development of the company seriously organize the implementation of the work, adhere to market-oriented, technology and product quality as the lifeline, focus on LED packaging field, through the optimization of organizational structure, strengthen brand building, increase R & D investment, strengthen the marketing work.

The company said that in 2014 the global context of energy saving and emission reduction, countries have introduced to promote the development of LED lighting program. The trend in the industrial chain to accelerate the integration of upgrading, promote the rapid development of LED application technology and policy related to the related applications such as LED lighting product prices with the traditional energy-saving lamp spreads continued to narrow, accelerate the speed of LED penetration in the application domain.

With the rapid development of mobile Internet, LED intelligent lighting of the heat and influence in the continuous improvement and fermentation, the lighting industry will usher in a pattern of rapid change. With the development of smart city, intelligent Home Furnishing as an integral part of the wisdom of the city, which is the core of intelligent lighting intelligent Home Furnishing applications, REFOND have been concerned about and study of family intelligent lighting system, intelligent Home Furnishing ready core layout of the industrial chain of parts, intelligent modules and system solutions.

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