On April 24, the new three-board enterprise Huapu Yongming (833888) released its 2016 financial report. During the reporting period, the company's main business income was 325 million yuan, an increase of 89.253 million yuan over the same period of last year, an increase of 37.84%; net profit of 18.833 million Yuan, an increase of 3.346 million yuan over the same period last year, an increase of 23.22%.
In 2016, the competition in the domestic LED industry is becoming increasingly fierce. The requirements for products and manufacturers in outdoor high-power projects are getting higher and higher. The overall advantages of the company's R&D system, manufacturing capabilities and business model are gradually emerging. The company's overseas sales network is gradually Improvement has also laid a solid foundation for the steady improvement of overseas markets; sales at home and abroad have steadily increased.
Huapu Yongming is a provider of outdoor high-power LED lighting products solutions for the domestic LED industry. It is one of the earliest suppliers in China to provide integrated solutions for design, R&D and manufacturing for LED outdoor lighting terminal customers.
As of the disclosure date of the report, the company has 24 domestic and foreign trademarks and 321 domestic and foreign patents, including 15 invention patents, forming an expanding patent pool to provide customers with a safe intellectual property backing.
After several years of development, Maple Yongming has accumulated certain advantages in business model, technology research and development, product design and large-scale production, manufacturing process and stable customer resources, which has driven the growth of the company's operating performance.
LED outdoor lighting, as an important part of the LED industry, combines environmental protection and energy saving advantages, and it has developed rapidly in recent years. With the continuous advancement of materials technology, the high-efficiency and high-power LED chip technology for outdoor lighting has been gradually improved, which has cleared the technical obstacles for the continuous expansion of the LED outdoor lighting industry.
In recent years, LED lighting has also been supported by governments around the world, and the market prospects are very broad.
In the LED outdoor lighting industry, traditional manufacturers adopt a business model that focuses on R&D and manufacturing of their own products, sales of their own brands, and self-supporting engineering projects, which brings great business development pressure, long project recovery period, and factories. And the R&D team is unable to form adverse effects such as batch flow operations.
At the beginning of the establishment of Maple Yongming, the company's entrepreneurial team responded to the market characteristics and development trends of the LED outdoor lighting engineering business. Based on the experience of fully considering and learning from other successful business models, the company established “focus on design and development, and exert manufacturing advantagesâ€. The core business model, according to the characteristics and changes of the LED outdoor lighting engineering market, realizes the transformation from the traditional product sales model to the new business model, that is, the traditional business model with “manufacturing-brand sales†as the core It has become a new business model centered on “focusing on R&D and manufacturing – grafting customers' sales advantagesâ€, thus establishing its own core competitive advantages in the company's best design, development and manufacturing fields. After years of business practice, it has matured. Business model.
It is worth mentioning that Maple Yongming has established distinctive business model innovation advantages in the LED outdoor high-power lighting engineering business.
At present, Maple Yongming has established a first-mover advantage in the field of LED outdoor lighting. Based on years of industry accumulation and LED outdoor lighting product solutions, the company has accumulated a large number of downstream brand lighting companies, engineering companies and EMC channels. Customer resources have also formed a large-scale manufacturing advantage that is rare in domestic outdoor LED lighting companies.
In addition, Maple Yongming has established a first-mover advantage in the field of LED outdoor lighting. Based on years of industry accumulation and LED outdoor lighting product solutions, the company has accumulated a large number of downstream brand lighting companies and engineering companies. And EMC channel customer resources, at the same time formed a small-scale manufacturing advantage of domestic outdoor LED lighting companies.
All in all, Maple Yongming is committed to becoming a global leader in the field of outdoor high-power LED lighting. The development strategy is clear, the target is clear, and the business model is improving day by day. As the research and development strength continues to increase, the business field is expanding, the management level is increasingly refined, and marketing capabilities. Gradually, the core team and all employees of the company are full of confidence in the LED lighting industry and the company's future development.
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