Hongli Zhihui (300219) announced today that the net profit attributable to shareholders of listed companies was RMB 1,807,171,000 - RMB 21,371,100 from January 1, 2016 to September 30, 2016, an increase over the same period of the previous year. 75.00% - 95.00%. According to the announcement, in the first three quarters of 2016, market demand grew steadily, the company's business scale continued to grow, and its main business maintained steady growth. During the reporting period, the company transferred a shareholding subsidiary of Xinquan Optoelectronics with a 15.05% stake and received government. Subsidies increased over the same period last year. In the first half of the year, Hongli Zhihui continued to expand the scale of LED brackets and LED packaging, and actively deployed LED infrared security, LED UV and other sub-fields; LED automotive lighting in the optimization of existing markets and customer structure, to LED automotive lighting modules For the entry point, we actively carried out preparations for entering the domestic automotive lighting market; actively established the LED production base in Nanchang and successfully put into production. At the same time, Hongli Zhihui set up a wholly-owned subsidiary Hongjun Investment with its own capital of 200 million yuan; used its own funds of 40 million yuan to subscribe for 40 million sub-C shares of Guangfa Asset Management Pearl No. 1 collective asset management plan. It is hoped that with the professional investment ability of investment institutions, the company's layout in the second main business will be continuously strengthened through various means, and the overall strategic goals of the company's dual main business will be realized. In terms of capital operation, Hongli Zhihui's non-public offering plan was approved by the China Securities Regulatory Commission on April 22, 2016. The total amount of funds raised is 725 million yuan. After deducting the issuance expenses, the net proceeds will be 711 million yuan. It will be used for “SMD LED construction projectâ€, “acquisition of 49% equity of Liangyou Hardware and capital increase project†and “Supplementary liquidity projectâ€. In terms of research and development, Hongli Zhihui continued to develop new products, new processes and new technologies, and invested a total of 36.826 million yuan in research and development, and obtained 67 patents, including 6 invention patents. 59 new patents were accepted, of which 13 were invention patents. During the reporting period, with the gradual production of the LED production base invested and built by Hongli Zhihui in Nanchang, the company's production capacity in the LED industry chain continued to expand, and the company strengthened its market expansion efforts in Russia, the United Kingdom, South Korea, India, Brazil, Agency networks have been established in Spain, the Czech Republic and other countries or regions. In terms of diversified business layout, Hongli Zhihui announced on October 8 that it is planning major issues involving the acquisition of assets related to the Internet of Vehicles industry. The underlying assets are 100% equity of Shenzhen Speedy Network Technology Co., Ltd., and the target equity transaction price is 900 million yuan. Speed ​​Easy Network promises that the net profit realized in 2016, 2017 and 2018 will be no less than 60 million yuan, 78 million yuan and 97.5 million yuan. Once the acquisition is completed, the profit contribution from the Internet-related business will become a new growth point for Hongli Zhihui. Stainless Steel Shaped Line,Surgical Steel Wire,Flux Core Stainless Steel Mig Wire,Stainless Steel Tig Welding Rods ShenZhen Haofa Metal Precision Parts Technology Co., Ltd. , https://www.haofametal.com