"Lighting up" Winter Olympic Stadium Foshan Nationstar Optoelectronics Co.Ltd(002449) 2021 net profit increased by more than 100%

On March 23, Foshan Nationstar Optoelectronics Co.Ltd(002449) disclosed the annual report of 2021, which showed that the company achieved an operating revenue of 3.806 billion yuan last year, with a year-on-year increase of 16.64%; The net profit was 203 million yuan, a year-on-year increase of 100.28%.

The annual report disclosed that during the reporting period, the consumer demand of the LED industry continued to recover, Foshan Nationstar Optoelectronics Co.Ltd(002449) optimize the customer structure and product structure, improve the competitiveness and market share of core products in the medium and high-end market, accelerate the development of new customers in new markets, improve the internal management level with the help of digital transformation, and promote performance growth.

The annual report also disclosed that during the reporting period, Foshan Nationstar Optoelectronics Co.Ltd(002449) successively "lit up" the 2021 China Central Television Spring Festival Gala and other event venues to provide display core devices for the three focus screens of "ice waterfall", "ice cube" and "ice five rings" of the 2022 Winter Olympic Games and venue event screens. The products are also used in the LED giant screen of Chengdu taiguli core business circle, the miniled large screen of Ningbo metro 8K Ultra HD naked eye 3D curved screen and other major urban landmarks in Beijing Road Pedestrian Street, Guangzhou.

In the annual report, Foshan Nationstar Optoelectronics Co.Ltd(002449) said that it planned to distribute a cash dividend of 0.5 yuan (including tax) for every 10 shares to all shareholders. At the closing on March 23, Foshan Nationstar Optoelectronics Co.Ltd(002449) shares closed at 8.69 yuan, up 0.12% from the previous trading day.

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