Ruifeng Optoelectronics' revenue in 2016 was 1.18 billion, with a growth rate of nearly 30%.

On the evening of (28), Ruifeng Optoelectronics released its 2016 annual report. During the reporting period, the company achieved a total operating income of 1,117,935,600 yuan, an increase of 28.06% over the same period of the previous year; the net profit attributable to shareholders of listed companies was 5,000,390. Yuan, an increase of 50.62% over the same period of the previous year. (Click the picture for a larger view) Lighting LED is the company's leading product. Due to the fierce market competition, the sales price in the first half of 2016 declined, the revenue declined, the gross profit margin was low, and the second half of 2016 began to pick up. The annual sales of LEDs was 533,434,918 yuan, down 12.78% year-on-year. Lighting LED sales during the reporting period was 6,801.76 KK, gross profit margin was 7.76%, down 2.28 percentage points year-on-year. The main reason was that the market competition for lighting LED products was further intensified during the reporting period, and product price wars were highlighted, resulting in a decline in product prices. And the level of gross profit margin. In terms of backlight LED, in addition to continuing to maintain the steady growth of medium and large size backlight LEDs, the company also has outstanding performance in the small-size backlight LED business, mainly due to the Shenzhen Lingtao Optoelectronics Technology Co., Ltd. acquired by the company at the beginning of the year. Performance contribution. The annual sales of backlight LEDs was 537,750,055 yuan, an increase of 87.49%. Backlight LED sales during the reporting period was 3,589.37 KK, gross profit margin was 27.66%, up 1.33 percentage points year-on-year. The reason for the year-on-year data changes was mainly due to the inclusion of the company's consolidated statements in the scope of the company's consolidated statements during the reporting period. Income and the increase in gross profit margin. Other LED businesses are developing steadily. The company is actively investing in LED applications such as infrared, ultraviolet and laser, and has opened up new paths for the diversified development of the company's business. The corresponding business has a certain scale. In the report period, the products with sales revenue accounting for more than 10% of the company's operating income were lighting LEDs and backlight LEDs, accounting for 45.73% and 45.33% respectively, of which the lighting LED production capacity was 7,350.33 KK and the output was 5,145.23 KK. The capacity utilization rate is 70%; the capacity of the backlight LED is 5,950.19 KK, the output is 4,879.16, and the capacity utilization rate is 82%. On the same day, Ruifeng Optoelectronics also disclosed the first quarter 2017 results forecast. The company expects the net profit attributable to shareholders of listed companies from January to March 2017 to be 17.7572 million to 217.623 million, a year-on-year change of 5.00% to 30.00%.

Desktop Vacuum Forming Machine

vacuum forming is easily one of the most fascinating forms of manufacturing for the non-technical crowd due to its relatively simple process: heat plastic and pull it around a shape to create multiples of that shape.


Desktop Vacuum Forming Machine is with 3 different series, with different functions, forming height for choose.


Can be applied for forming Acrylic, ABS PET PP EPS PVC PETG, etc, widely used in automotive and aerospace R&D, sign and display companies and film & theatre set design.

Desktop Vacuum Forming Machine, Homemade Vacuum Forming Machine, Vacuum Thermoforming Machine, Desktop Thermoform Machine

Hangzhou Xiaoshan Wanfeng Mechanical & Electrical Equipment Factory , https://www.hfweldingmachinery.com