LED business achieved a relatively high growth


Zhaochi shares released its 2013 performance report. The company achieved operating income of 6.776 billion yuan, an increase of 4.94 over the same period of last year; net profit attributable to shareholders of listed companies was 628 million yuan, an increase of 17.08 over the same period of last year.

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Zhaochi said that during the reporting period, the company further increased its R&D investment and launched some new products with strong market competitiveness. The TV and set-top box business remained relatively stable; the LED business achieved a relatively high growth, and the company's industrial layout More reasonable.
Net profit attributable to shareholders of listed companies increased by 17.08 during the reporting period, mainly due to the increase in profit contribution from LED business during the reporting period. Software income tax rebates, wealth management income and exchange gains also increased significantly compared with the same period of the previous year.
In June 2013, Zhaochi Co., Ltd. implemented the 2012 annual equity distribution plan, which increased the capital reserve to 5 shares for every 10 shares of all shareholders; and in October 2013, the company granted incentives to reserve targets.

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