According to the 2014 semi-annual results report of Zhaochi Optoelectronics, from January to June 2014, the company achieved operating revenue of 3.366 billion yuan, an increase of 29.78% year-on-year, and net profit attributable to the shareholders of the listed company was 280 million yuan, a year-on-year increase of 17.70%.
Regarding the reasons for the change in performance, Zhaochi Optoelectronics stated that during the reporting period, the proportion of sales of more competitive large-size TVs (32 inches or more) increased; as the company's LED production capacity increased and market demand increased, LED backlight and LED lighting sales grew. Faster.
In the report period, the growth of the shares of Zhaochi Optoelectronics was 49.96% due to the repurchase by the company in May 2014 of the cancellation of 285,000 restricted stocks that did not meet the incentive conditions; in June, the 2013 annual equity distribution plan was implemented to capital reserve fund. All shareholders transferred 5 shares for every 10 shares.
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