Changhong Energy revenue in 2017 exceeded 800 million yuan relying on the potential development of alkaline manganese batteries.

On April 18, Changhong energy (836239), released 2017 annual report, the reporting period, the company's business income is 814 million yuan, up 37.30%;Attributable to shareholders of listed company net profit of 054 million yuan, up 28.38% from a year earlier. As of late 2017, the company's total assets of 784 million yuan, attributable to the parent company of the net assets of 422 million yuan. The company vigorously develop the overseas market, strengthening technical innovation and cost control, overall production scale to achieve substantial growth, overall business continued to strengthen, to further improve industry status and influence; Attributable to shareholders of listed company net assets per share up to 6.08 yuan/share, return on equity of 12.91%.

During the reporting period, Changhong energy holdings subsidiary of Hefei Changhong new energy technology co., LTD. Main business income is 3.7148 million yuan, net income of 1.3774 million yuan. Zhejiang winged lion electrical industrial co., LTD., operating income of 20492.03 ten thousand yuan, net income of 3.2209 million yuan.

Changhong energy accounting data and financial indicators

Changhong energy depends on the deep research and development strength and production management ability, according to the changes in the market and customer demand constantly develop new products, achieve the company's revenue and profits. The company "Changhong" battery give priority to with ordering production, around the sales plan and sales order to carry out the purchasing and production activities. By way of direct selling direct cooperation with OEM customers, is the world famous brand battery OEM supplier, at the same time, through the way of distribution to the domestic terminal consumer sales. Company relies on high-quality product quality, strong technical strength, advanced production management level and strategic ideas and vision, not only enhances the old customer loyalty, establish a good brand image, also continue to expand the new customers, in the market segment of alkaline manganese battery occupies the dominant position.

Changhong energy, said the industry planning based on industry development trend and group, during the period of "much starker choices-and graver consequences-in" company formulated the "three-step" development strategy: 1, through mergers and acquisitions, alkaline manganese battery enterprises along the coast to build export manufacturing base, realize alkaline manganese battery business and stronger;2, mergers and acquisitions lithium electricity enterprise, realizes the lithium electricity business firm;3, promote and implement special battery make a new development strategy, the realization of industry. Keep the company sustained, healthy development momentum.

The page contains the contents of the machine translation.