Since its listing in August 2016, Op Lighting has achieved a solid performance. In 2017, its total profit exceeded 800 million, which is outstanding in the industry. The industry believes that this is inseparable from the development of the current lighting industry and national strategic support, as well as the company's layout in terms of products, channels, and research and development. On the evening of April 17, Op Lighting (603515 Announcement, Quotes, Reviews, Financial Report) announced the 2017 Annual Results Report. The annual report shows that in 2017, the company achieved operating income of 6.957 billion yuan, an increase of 27.03%; total profit of 801 million yuan, an increase of 32.44%; net profit attributable to shareholders of listed companies was 681 million yuan, an increase of 34.48%. Since its listing in August 2016, Op Lighting has achieved a solid performance. In 2017, its total profit exceeded 800 million, which is outstanding in the industry. The industry believes that this is inseparable from the development of the current lighting industry and national strategic support, as well as the company's layout in terms of products, channels, and research and development. According to reports, 2017 is a year in which the lighting industry in China has achieved important development. With the successive introduction and implementation of a series of national planning projects such as the planning of the 13th Five-Year Semiconductor Lighting Industry, the promotion of the transformation of the semiconductor lighting market, and the promotion of new energy sources for energy conservation and environmental protection, the lighting industry has become an important starting point for strategic emerging industries and energy conservation and emission reduction. Op Lighting is taking the opportunity to position the Internet of Things and smart lighting to lead the competition. According to the annual report, in 2017, on the basis of maintaining the leading position in the home market, Op Lighting has further enriched its product structure and continued to extend the value chain of home products and services. In terms of channel construction management, Opu has upgraded its stores and built a number of Qianping stores to realize the display of all-category and full-style home lighting; and continuously improve the terminal operation standardization system and optimize the one-stop shopping experience for consumers. Last year, Op Lighting also entered the integrated home business field, providing integrated service solutions for consumers through integrated wall, integrated ceiling, floor, drying racks and other related products and seven-day new home one-stop service. In the field of commercial lighting, Optel Lighting's business segment covers hardcover real estate, chain, office, commercial center, industrial, municipal transportation and other aspects. In 2017, it expanded its field of road lighting and outdoor lighting. While stabilizing and strengthening domestic advantages, the company's overseas business also performed well. According to the annual report, the company has continuously won bids for Saudi Arabia, South Africa, Sri Lanka and other commercial projects, and provided intelligent office lighting solutions for many European companies. In addition, according to relevant sources, under the strategic trend of Global Industry 4.0 and China Manufacturing 2025, Op Lighting has increased its investment in R&D and intelligent manufacturing. In research and development, the company offers customized lighting solutions for different groups of people and scenarios. In terms of intelligence control, the company has established an independent IOT IoT platform to create the Ou Pu intelligent lighting ecosystem and launch a smart home ecosystem based on intelligent lighting. In terms of intelligent manufacturing, Op Lighting continues to promote industrial line automation. Op Lighting said that in 2018, the company will continue to adhere to the development concept of creating value with light, guided by user demand, driven by technological innovation, adhere to the people-oriented design concept, adhere to channels, research and development and product innovation, and develop into a world-class Lighting system and integrated home integrated solution service provider.
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