Recruits Macao ocean shun cheong through acquisition of equity and capital increase, the green jiangsu wei ( Its wholly owned subsidiary of jiangsu day peng) 47. 06% stake, as its largest shareholder, officially became the
the Australian, shun cheong, according to the annual performance published in 2019, the annual total revenue achieved 348063. 500000 yuan, fell 18. 10%; Operating profit of 15716. 090000 yuan, year-on-year decline in 63. 04%; Net profit of 14688. 980000 yuan, falling by 60. 51%; Net profit attributable to shareholders of listed companies in 11761. 160000 yuan, fell 47. 86%.
Australia the shun cheong said that in 2019, under the circumstances of sino-us trade friction, the company's business challenges, the three main business behave differently. According to the specific conditions of different business, solar net, positive response. Slowly but surely in lithium battery business, focus is given priority to with tools of cordless small power systems to effective; And the LED business shows the plight of the whole industry, the company based on the continuous research and development and breakthrough, relying on high-end products, layout and product structure adjustment, the effect of the initial; Metal logistics business profit contribution remains stable.
Australia the shun cheong entrepreneurial start with metal logistics distribution is given priority to, with its own funds set up in 2011, jiangsu ao shun cheong photoelectric technology co. , LTD. , implement LED epitaxial wafer and chip industrialization projects, formal step into LED industry, solar energy, through continuous innovation in recent years, become one of the major domestic LED chip suppliers, a subsidiary of huaian Macao ocean shun cheong is formed in the industry a few with a cut from the substrate polishing, PSS, epitaxial wafer to complete industrial chain of the chip. In 2016 with the acquisition of equity and capital increase of green jiangsu wei 47 were obtained. 06% stake, and began in June that year included in the consolidated statements, the contribution for the whole year net profit of about 26. 58 million yuan of listed companies, the same year built nissan 1 million lithium-ion battery batteries project production line in the second quarter released the first batch of production. So far, the Australian foreign shun cheong is mainly engaged in LED chip business, lithium battery and metal processing three main business logistics distribution.
in the last ten years of development is not smooth sailing, because the business core and Macao ocean shun cheong first decline in revenue in 2013, but in 2014 the town flag drum, the shun cheong in 2014 - in Australia In 2018, five years, revenue to maintain steady growth, in 2017 for corporate revenue growth, achieve revenue growth. '86. 32%, a record high, solar equipment, thanks to the LED chip and lithium battery market fast development, the solar energy, at the same time, the domestic dividend policy support high-tech industry with great efforts. But affected by the overall situation of sino-us trade war in 2019, and LED to new energy car subsidy policy in China has gradually exit, the influence of foreign shun cheong revenue net profit slid in macau.
and solar energy