Ganzhao Optoelectronics said that based on the company's strategic deployment needs, the wholly-owned subsidiary will be established through the free trade zone platform, which can effectively utilize regional resources and advantages, thereby expanding more business channels, enhancing the company's sustainable development, improving the company's revenue, and realizing shareholders. Maximize the benefits. After the completion of this investment, the wholly-owned subsidiary will be included in the scope of the company's consolidated financial statements, and its operation will have certain impact on the company's future financial status.
In addition, Ganzhao Optoelectronics issued an announcement on July 15th. It is estimated that the net profit attributable to shareholders of listed companies from January to June 2015 will be 35,343,100 yuan - 2,355,600 yuan, a year-on-year decrease of 25%-50%. In the same period of last year, the profit was 47.121 million yuan.
Ganzhao Optoelectronics said that the main factors affecting the first half of 2015 is expected to decrease compared with the same period of last year. During the reporting period, the various cost expenses incurred from the expansion and commissioning of the LED chip project to the mass production process were offset by the company's net profit. Bank deposits and wealth management revenues decreased significantly year-on-year.
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