On July 24, Guoxing Optoelectronics (stock code: 002449) published its 2017 Semi-Annual Results Express, revealing that the company’s overall performance surged in the first half of the year, achieving a total operating revenue of 15.97 billion yuan, representing a 51.45% increase from the previous period.
Under the guidance of Hirose and the board of directors, Guoxing Optoelectronics concentrated on executing its "three-pronged" strategy focusing on high technology, market globalization, and production scale expansion in the first half of 2017. With the shared objective of reaching new heights, all subsidiaries, departments, and teams worked diligently, achieving significant progress and tangible results.
Currently, the company's upstream, midstream, and downstream operations are thriving comprehensively. The chip business has undergone optimization and integration with notable success. The RGB packaging business holds the top domestic market share, while the white light packaging business ranks among the leaders in China. The chip LED business has seen continuous improvement in product quality and performance, and the component division supplies globally recognized brands like Gree, Midea, and TPV. Additionally, the lighting segment has established a strong market presence and experienced robust growth. The international market has expanded steadily, contributing to a substantial rise in overall performance, reinforcing the company's leading position in the industry.
2017 Semi-Annual Key Financial Data and Indicators
In the second half of the year, Guoxing Optoelectronics will continue pursuing its established strategic goals, aiming for even greater achievements. The company has already begun outlining its 2018 work guidelines and strategies, enhancing its strengths in branding, scale, technology, management, and corporate culture. By seizing opportunities and relentlessly striving forward, the company aims to accelerate its growth trajectory and solidify its absolute leadership position in the sector.
Sixteen Characters: A Mountain
A mountain pointing to the sky, standing firm against the wind. Its base rooted in strength, aspiring for higher ground.
A mountain shedding its robes, climbing tirelessly. Atop the peak, it commands the clouds with dignity.
The mountain mirrors humanity’s journey—steadfast and resolute, always striving for greater horizons.
As we move into the future, Guoxing Optoelectronics remains committed to innovation and excellence, ensuring sustainable growth and continued leadership in the competitive landscape of the optoelectronics industry. The company’s dedication to technological advancement and global expansion not only drives its success but also sets a benchmark for others to follow.
With the second half of the year presenting new challenges and opportunities, Guoxing Optoelectronics is poised to capitalize on these developments, building upon its current momentum to achieve unprecedented milestones. The team’s collaborative spirit, coupled with a forward-thinking vision, positions the company for long-term prosperity and sustained excellence.
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