Foshan Electrical And Lighting Co.Ltd(000541) ( Foshan Electrical And Lighting Co.Ltd(000541) ) the annual report for 2021 was released on the evening of March 31. In 2021, facing the complex and severe situation of rising raw material prices, sharp rise in export logistics costs, appreciation of RMB and shortage of key materials, the company made every effort to do a good job in production and operation by continuously strengthening innovation drive, promoting the reform of marketing model, optimizing industrial layout and promoting management improvement, and achieved an operating revenue of 4.773 billion yuan, It reached a record high and realized a net profit of 250 million yuan attributable to shareholders of listed companies.
During the reporting period, the global covid-19 pneumonia epidemic has not been fully controlled, and the downward pressure on the economy has been increasing. However, under the guidance of national policies such as carbon peak, carbon neutralization, new infrastructure, new urbanization, major engineering construction and new energy vehicle development, new development opportunities have emerged in the lighting market and automobile lamp market. The company solved the problem of capital operation, optimized the industrial layout, promoted the improvement of management, and vigorously explored the market segments. In 2021, the company acquired Nanning Liaowang, which provided a strong support for the company to quickly enter the automobile main engine plant market and strengthen and expand the automobile lamp business. At the same time, with the evolution of the industry competition pattern, consumers pay more attention to product quality and brand, companies with weak market competitiveness will be gradually eliminated by the market, and large enterprises or enterprises with core competitiveness will get more market opportunities. Relying on the advantages of technology, brand, channel and scale, through continuous R & D investment and technological innovation, the company continues to promote the technological upgrading of its main products, improve product quality, strengthen market development and optimize industrial layout. At the same time, it is in a more favorable position in the process of improving market concentration by improving the level of production automation, effectively controlling procurement costs and improving production efficiency.
The announcement shows that in February this year, the company completed the acquisition of Foshan Nationstar Optoelectronics Co.Ltd(002449) ( Foshan Nationstar Optoelectronics Co.Ltd(002449) ) shares, held Foshan Nationstar Optoelectronics Co.Ltd(002449) 21.48% equity, and became the controlling shareholder of Foshan Nationstar Optoelectronics Co.Ltd(002449) with Foshan Nationstar Optoelectronics Co.Ltd(002449) business covering upstream LED chip manufacturing and midstream LED packaging in the LED industry chain. Through this resource integration, the company has a full LED industry chain covering upstream LED chip manufacturing, midstream LED packaging and downstream LED application products, optimizing the industry chain, It improves the competitiveness and influence of the company in the industry.
