China Sports Technology 2018 half-year performance pre-increased: beneficiaries of intelligent lighting

Today, Sichuan Huati Lighting Technology Co., Ltd. (hereinafter referred to as “Hua Ti Technology”) announced the 2018 semi-annual performance pre-announcement. According to preliminary estimates by the finance department, Huati Technology expects net profit attributable to shareholders of listed companies from January to June 2018 to be between RMB 30 million and RMB 33 million, which is expected to increase by RMB 14.1 million compared with the same period of the previous year. 17.1 million yuan, an increase of 88%-107%.

Huati Technology said that the increase in performance was mainly due to the positive business of the company and its favorable impact. In accordance with the established development strategy, Huati Technology adopted an active sales strategy, accelerated the research and development of new products, and further increased the revenue of the night lighting lighting project, which led to a significant increase in the company's main operating income and profits. At the same time, the company used raised funds and idle funds to purchase wealth management products, resulting in an investment income of about 3.8 million yuan.

In the field of urban lighting, Huashi Technology has been rooted for many years. The company has been focusing on program planning and design, product development and manufacturing, engineering project installation and operation management and maintenance services in this field. Nowadays, it has become the largest provider of urban lighting system solutions in the west. The cases cover Yunnan, Guizhou, Sichuan and Chongqing provinces and extend to Shaanxi, Anhui, Shandong, Guangxi, Fujian, Zhejiang and other regions in the northwest, south China and East China. The main business has developed well, giving Chinese body ample power.

Throughout the performance of China Science and Technology in recent years, it has maintained a good growth rate. In 2016, the net profit reached 48.065 million, and in 2017 it rose to 52.877 million yuan. The stability of performance is inseparable from the development strategy of Chinese technology and advancing with the times. With the introduction of “smart city”, intelligence has become a new topic of close attention to all walks of life. The wave of intelligent lighting is also surging at this time, quickly shooting to various companies in the field of traditional lighting. Many companies have shunned them and they have been "spotted" on the beach. Other companies have already made predictions, decisive transformation, and entered a new round of competition. This is the case with Huati Technology, which focuses on smart streetlights and new energy projects. Since 2015, it has launched its own “Internet + Smart Street Light” products at various exhibitions.

However, with the increasing number of companies flooding the field of smart street lamps, the “Blue Ocean” is gradually heating up. Under this situation, China Science and Technology has also accelerated its pace of progress. In October 2016, Huati Technology launched a new “shared smart street light” that integrates free wifi, mobile phone charging, and car charging piles. Based on this product, in July 2017, Huati Technology and the car rental company Global Cars jointly created a “Share New Energy Vehicle” project, which realized the integration of “Smart Street Lights + Sharing New Energy Vehicles”, enabling car rental users to scan. QR code, pre-charged in the APP, you can connect the charging head to charge the car. In July this year, Huati Technology signed a strategic cooperation agreement with Inspur Software Group Co., Ltd. to build a long-term strategic cooperation around the construction and operation of new smart cities, warming up smart streetlight projects and promoting the construction of smart cities.

It can be said that Huati Technology has not only led the part of the direction of the smart streetlights, but also gained a lot of achievements. In the future, Huati Technology will rely on the accumulation and thinking of urban lighting for many years to make “smart streetlights” more in-depth popular, and it is expected to become the “leader” of smart cities.


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