On August 25, Op Lighting released its first half of 2017 performance report. During the reporting period, the company achieved operating income of 3.01 billion yuan, a year-on-year increase of 34.75%; realized total profit of 314 million yuan, an increase of 38.28%; realized attributable to shareholders of listed companies The net profit was 259 million yuan, a year-on-year increase of 41.29%.

In 2017, the global economy is weakly recovering. A new round of technology and industrial changes is creating historic opportunities. With China's in-depth implementation of innovation-driven development strategies, industrial development is also facing new forms, such as intelligent, Internet of Things, and shared economy. The new economy and new formats have accelerated the progress of LED lighting technology and the expansion of application fields.

In the first half of the year, with the introduction of the “13th Five-Year Development Plan for Semiconductor Lighting Industry” and the implementation of the project “Promoting the Transformation of Semiconductor Lighting Market and Promoting Energy-saving and Environmental Protection New Light Source (Green Photo IV) (GEF-SSLED)”, LED Lighting The industry has ushered in new development opportunities and challenges.

The "13th Five-Year Development Plan for Semiconductor Lighting Industry" proposes to encourage enterprises to develop LED light-emitting products from the production of light sources to various indoor and outdoor lighting, and encourage the development and promotion of intelligent lighting products suitable for various application scenarios; System integration development, strengthen the cross-border integration of the lighting industry, promote the development and industrialization of smart lighting products, and support the construction of smart cities, smart communities, and smart homes.

According to data from the High-Tech Research Institute LED Research Institute (GGII), smart cities across China will indirectly drive the output value of LED outdoor lighting to nearly 100 billion yuan in the next five years.

Opto Lighting adheres to the mission of “creating value with light” and focuses on “building a global lighting enterprise, establishing a lighting leader brand and becoming the most respected enterprise in China”. After more than 20 years of intensive cultivation, it gradually builds on brands, channels and R&D. Core competitive advantages have been established in technology, production operations, talent and management.

In the first half of 2017, Op Lighting continued to adhere to the core values ​​of “Innovation, Responsibility and Speed”, focusing on the company's development strategy, by continuously extending the business sector, deepening business channels, actively deploying the Internet of Things and smart lighting, and promoting industrial automation processes. The business achieved steady growth.

With the advent of the LED lighting era and increasing competition in the industry, Op Lighting has strategically stepped out of the road of “scale mass production + high-end customized flexible production”. On the one hand, it integrates resources to expand cost advantages, on the other hand, it flexibly meets some customers. High-end customized needs.

It is reported that since 2013, on the basis of product modular design and development, parts standardization and general application, the company has successively put into operation several automatic production lines, and introduced a large number of industrial robots and various automatic and semi-automatic equipments, and at the same time gained autonomy. Strong support for the development of information technology software systems with intellectual property rights. The factory not only reduces the dependence on labor, but also greatly improves the quality and production efficiency of the products, directly reducing the unit cost of the products.

Based on the global industry 4.0 trend and the national 2025 strategy, Op Lighting has further promoted the investment construction of automation. While achieving cost reduction and efficiency increase and rational expansion of production capacity, the company has optimized the overall supply chain system and improved the stability of product delivery. In addition, in the face of increasing customization requirements, the company has built a factory with rapid proofing and rapid customized production in Wujiang Industrial Park. Under the management of information systems, the company has introduced advanced equipment and machining centers from abroad. , greatly shorten the processing cycle of the product (sample proofing is generally 1-3 days, small batch orders are generally 20 days).

Compared with the previous model of “designing products first – investing in molds – re-production – testing the market”, Opal Lighting's custom-made plants can significantly reduce the cost of molds while rapidly achieving products.

In the home lighting distribution channel, sales in the first half of 2017 increased by 28.44% year-on-year. In the field of commercial lighting, with the overall lighting design capability, product customization capability and perfect after-sales service system, sales in the first half of 2017 increased by 34.75% year-on-year, and continued to intensively work in the advantageous industries, and expanded the business to high-end hotels. In new areas such as building lighting, we are constantly expanding our advantages.

In the e-commerce channel, the company continued to maintain a good growth momentum in the first half of 2017, with sales up 44.43% year-on-year. During the reporting period, during the “6.18 Zhongda Promotion Activities” period, the overall sales increased significantly year-on-year, and the lighting industry champion was also won in the mainstream e-commerce channel.

Op Lighting is further utilizing its own advantages and strategically deploying the home improvement business segment. In the first half of the year, it will build a new “OPPLE Integrated Home Furnishing Official Flagship Store” and “OPPLE Kitchen and Bathroom Official Flagship Store”, covering integrated ceilings, kitchen and bathroom categories, etc. Provide more comprehensive, high-quality and convenient products and services to meet the diversified needs of users.


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