In 2017, Hongli Zhihui realized operating income of RMB 369,926,200, an increase of 63.82% over the same period of the previous year; realized total profit of RMB 407,776,300, an increase of 153.73% over the same period of the previous year; net profit attributable to owners of the parent company was RMB 354,498,800. The year-on-year growth was 158.44%. In 2017, the demand for LED lighting market grew steadily, and the industry concentration increased further. Hongli Zhihui increased its R&D investment, and the LED packaging business continued to grow. As LED lights became the trend of future automotive lighting, LEDs in the field of automotive lighting Penetration rate continues to increase, Hongli Zhihui in the car-level LED packaging, LED lights intelligent module, LED car intelligent lighting three links, to achieve all-round into the LED lamp market; Internet car owners service segment to provide customers with Internet marketing Business and automotive Internet services business maintained steady growth. In 2017, Hongli Zhihui realized operating income of RMB 369,926,200, an increase of 63.82% over the same period of the previous year; realized total profit of RMB 407,776,300, an increase of 153.73% over the same period of the previous year; net profit attributable to owners of the parent company was RMB 354,498,800. The year-on-year growth was 158.44%. LED packaging sector maintained steady growth with the further increase of LED lighting penetration rate, LED lighting market demand grew steadily; LED packaging industry shifted to domestic, Hongli Zhihui LED packaging business continued to expand; domestic LED packaging competition pattern changed, The capacity of the company's LED packaging capacity has increased significantly compared with the beginning of the year due to factors such as further increase in capacity concentration. At the same time, in order to improve management and production efficiency, the company will integrate and relocate the LED packaging production base in accordance with the overall plan for the beginning of 2017, and smoothly relocate the main production capacity of Smect to Jiangxi Hongli. On the basis of consolidating the competitive advantages of white LED lighting and packaging, Hongli Zhihui has successfully entered the professional application fields such as LED-level LED packaging, UV LED packaging and VCSEL. In 2017, Hongli Zhihui LED packaging business revenue was 3,13,369,300 yuan, accounting for 84.17% of total operating income, an increase of 53.92%, and operating profit of 221,833,300 yuan, accounting for 67.23% of the company's operating profit, an increase of 20.01%. In 2017, the operating income of the LED packaging sector achieved a large increase, but it was affected by factors such as fierce market competition, rising raw material prices, and continued appreciation of the RMB exchange rate. At the same time, Jiangxi Hongli achieved a short production time and new employees. More, the old employees need time to accumulate and other factors, the average annual utilization rate of Jiangxi Hongli's production equipment in 2017 is low, which affects the contribution of the LED packaging sector to the company's net profit. At present, the relevant issues of Jiangxi Hongli have been basically solved. LED automotive lighting business expands in all directions With the trend of LED lighting becoming the future of automotive lighting, the penetration rate of LED in the field of automotive lighting continues to increase. Hongli Zhihui is in the automotive-level LED packaging, LED lighting intelligent module, LED automotive intelligence. The three links of the lamps and lanterns realize the all-round entry into the LED lamp market. As a pioneer in the LED automotive lighting industry, Hongli Zhihui entered the LED commercial vehicle lighting business through its subsidiary Fo Da Signal in 2007. The products are mainly sold to overseas markets, and LED light sources account for 100% of the light source of its lamp products. The main customers are Hella, Bosch, Magna, etc. The products have been applied to commercial vehicles of well-known car companies such as Volvo and Mercedes. In September 2017, it acquired a 56% stake in Yishan Auto Lamp, which is engaged in the supply of headlights for the automotive front-loading market. The company has realized the full industrial layout of LED automotive lighting from LED packaging to automotive lamp assembly, and has entered the LED lighting market in all directions. Major customers include Geely Group, Great Wall Group, BAIC Group, Dongfeng Group, Changfeng Group and other well-known car companies. . In 2017, the company's LED automotive lighting business achieved operating income of 262,868,700 yuan, accounting for 7.11% of total operating income, operating profit of 49,615,500 yuan, accounting for 15.64% of the company's operating profit, down 14.19%. In 2017, Hongli Zhihui LED automotive lighting business revenue maintained steady growth, but the average gross profit margin of passenger car smart lighting products was higher than that of commercial vehicles LED smart lighting products due to rising raw material prices, continuous appreciation of RMB exchange rate, and Yishan car lights. The impact of factors such as low gross profit margin led to a certain decline in the gross profit margin of LED automotive lighting business. At the same time, the development of LED intelligent module products and other costs are relatively large, which has a certain impact on the company's LED automotive lighting business net profit. At present, with the gradual mass production of LED intelligent module products and the further reduction of material procurement costs, it has effectively reduced the impact. . Internet of Vehicles - Internet car owners' healthy development, exceeding the performance promise In June 2017, Hongli Zhihui successfully completed the issue of the purchase of shares to purchase 100% equity of the company, the company holds 100% equity of the company, for the company The subsidiary company, its main business provides customers with Internet marketing business and automotive Internet service business. From June to December 2017, Speed ​​Easy Network contributed operating income of RMB 285,178,400 to the company, accounting for 7.71% of the company's total operating income, contributing operating profit of RMB 5,425,400, accounting for 17.13% of the company's operating profit. The company promised that the net profit deducted from non-recurring gains and losses in 2017 was RMB 76 million, and the actual completion of RMB 84,943,300 was overfulfilled.

Paper Rope Machine


twisted Paper Rope making machine

This is a good machine for making twisted paper ropes in roll, you can use the twisted ropes to wrap the gifts or for craft products, Paper Handle after knotted or tipped at the two ends or you can use it on the paper handle making to make different paper handles. It is running stably and fast and the rope diameters can be different and adjustable and customized according to customers` request. The rope can be made in different ways by using one paper roll, 2 rolls or more, which depends on the rope tightness, strongness, roundness and colors

Paper Cord,Flat Rope,Tube Cutting Machine,Paper Rope Machine

DongGuan FeiYang Packaging Machinery Equipment Co., Ltd , https://www.feiyang-machinery.com