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Home> Blog> LED equipment supplier Yuanfang Optoelectronics' 2014 performance is stable

LED equipment supplier Yuanfang Optoelectronics' 2014 performance is stable

March 30, 2023
According to the 2014 annual report released by Yuanfang Optoelectronics, the company's performance has improved steadily, with operating income of 209 million yuan, up 6.14% year-on-year; net profit attributable to shareholders of listed companies was 0.9 billion yuan, up 0.39% year-on-year.

In 2014, the lighting industry developed rapidly, the market scale and space were further expanded, and the e-commerce lighting market was growing, and the LED lighting market was completely opened. The overall trend is optimistic in the future. The company further enriched its products last year. A number of new products were successfully developed and industrialized. The proportion of R&D investment in operating income reached 10.93%. In the international arena, Yuanfang Optoelectronics also emerged, participated in the International Lighting Commission (CIE) 2014 Lighting Quality and Energy Efficiency Conference and Technical Committee (TC) meeting, as well as CIE, IEC, ISO and other TCs, and the international influence gradually increased. Big.

On this basis, Yuanfang Optoelectronics has reorganized its business positioning and scope in the near future. Based on the suppliers of optoelectronic (optical, electrical, optoelectronic) testing equipment and services, it focuses on general photoelectric testing equipment, LED and lighting professional testing. Equipment, EMC and electronic testing equipment, color testing equipment, intelligent manufacturing equipment and testing and calibration services, in the substantial development, combined with the extension of M&A, to achieve sales and profit growth.

At the same time as the annual report was disclosed, Yuanfang Optoelectronics announced the news of its involvement in the 3D printing business, and acquired a 3.75% stake in Mingzhan Network at a price of 1.5 million yuan, and spent RMB 2.5 million to increase its capital. It ultimately holds a 10% stake in Mingzhan Network. .

According to the announcement, Mingzhan Network is one of the earliest companies engaged in 3D rapid prototyping (3D printing) business in China, and has close cooperation with third-party e-commerce platforms such as ebay and Amazon. At the same time, the company is also engaged in foreign high-end industrial-grade 3D printing equipment agent and 3D printing service business. It is an authorized agent of international high-end brands such as 3DSystems and Canada Creaform. In 2014, the company's operating income was 9.28 million yuan.

The company said that Mingzhan's main business has strong technical advantages, better business model, and better development prospects. This investment is beneficial to the company's high level from photoelectric testing equipment and service providers to platform operations. The exploration of the transformation of technology equipment and service providers, extending the industrial chain, enhancing the status of the industry and promoting the sustainable development of the company.

The 2014 Wallace report shows that the global 3D printing products and services market grew by 34.9% in 2013 to reach $3.07 billion, the highest growth rate in the 3D printing industry in the past 17 years. Shenyin Wanguo analysts judge that the current 3D printing industry is entering an accelerated growth period.
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