LED R&D investment increased Dongshan Precision's net profit fell 26% last year

Dongshan Precision achieved total operating income of 1.177 billion yuan in 2011, an increase of 33.42% over the same period of the previous year; operating profit of 56.89 million yuan, down 47.06% over the same period of last year; net profit attributable to shareholders of listed companies was 67.725 million yuan, compared with the same period of the previous year. Dropped by 26.40%.

The main reason for the decline in operating profit and net profit of the company was that the company increased the development investment of new products LED and its modules, and the corresponding R&D expenses and trial production costs increased. Due to the downturn of the global PV industry, the company’s shareholding in the US SolFocus. Inc. suffered a large loss in the current period, and the company confirmed an increase in investment losses.

In 2011, new projects such as LED, rail transit intelligent equipment and special transformer manufacturing have also been mass-produced. The company's LED products are in the downstream link of the LED industry chain. The products mainly include LED devices, LED backlight modules, LED lighting and other products with application properties. According to the package type of the LED device, there are three types of Lamp package type, SMD package type and high power package type. The LED device products mainly adopt SMD package and are applied to the field of liquid crystal backlight.

In 2012, the company will continue to increase investment in research and development, and always maintain the advanced technology. It will gain further application in the fields of precision metal manufacturing and precision electronics manufacturing represented by LED. In the construction of marketing system, the company will continue In the domestic and overseas markets that subdivide the company's products, increase investment and accelerate market cultivation; in terms of internal management, the company will continue to improve the system and information system construction, and continuously optimize the company's internal operation management system.

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