LED main business and sports business are expected to promote Alto's performance

March 30 Alto Electronic Publication 2016 annual report reporting period in implementation business income 4. 5. 7 billion yuan, a year-on-year increase of 55. 91; Realize the net profit attributable to shareholders of listed companies by 8628. 240 thousand yuan, up 302 year on year. 88; Achieve basic earnings per share of 0. 23 yuan. Comments: The volume of orders has greatly increased the performance in 2016, and the profitability has greatly improved. Look at the products, the LED video display system has achieved revenue of 2. 5%. 6 billion yuan, a year-on-year increase of 133. 28, gross profit margin rose sharply 12. 36 percentage points to 59. 63; LED information release and indication system realized revenue 8967. 250 thousand yuan, a year-on-year increase of 0. 93, gross profit margin rose 3. 1 percentage point to 53. 31. These two parts constitute the company's main sources of income. The large increase in income is mainly due to the large increase in overseas orders. The increase in gross profit margin is mainly due to the company's strengthening research and development and the high gross profit margin of new products, in addition, the decline in raw material costs also has a certain impact. On the whole, the company 2016 achieved a substantial expansion of overseas markets and an improvement in profitability. On 2017, with the first quarter of Qianbaihui new sign 2. With the contract of 5. 8 billion yuan and the company's continued expansion of LED's new market and acceleration of its sports business, we expect the performance to continue to improve. The LED application business has developed steadily, and the realization space has been continuously opened. The company has accelerated the docking of LED products to the booming domestic competitive sports market, and has set foot in major competitions such as the Chinese team series and the Football Association Super Cup, it is expected to be realized through equipment leasing, equity marketing, and event operations. In addition, the company has continued to invest in the Asia-Pacific, Europe and the United States, and has made new breakthroughs in the expansion of LED application markets in industries such as transportation, retail, conference systems and monitoring systems. Sword refers to the stadium economy, waiting for the market to break out. The company has combined its advantages in LED application, information release and indication system to complete the acquisition of Qian Baihui, a professional lighting engineering construction design company, strategic cooperation with the Chinese intellectual body in the domestic venue technology leader, etc. , focusing on the development of a large-scale stadium renovation market with benchmarking significance. In addition, the company and Songhe capital plan to jointly set up a sports culture industry merger and acquisition fund of 0. 6 billion yuan, and set up a sports company. The extension of the sports industry around the venue economy is expected to heat up.