The three major businesses go hand in hand, Hongli Zhihui's net profit in the first half of the year exceeded 200 million

On the evening of July 9, Hongli Zhihui released its forecast for the first half of 2018. It is estimated that the net profit for the first half of 2018 will be 2.10-2.45 billion yuan, a year-on-year growth rate of 20%-40%.

1.webp.jpg

Hongli Zhihui said that the main reason for the year-on-year increase in net profit attributable to shareholders of listed companies was: 1. The demand for LED market grew steadily, the scale of the company's business continued to grow, and the main business maintained steady growth; The company was included in the consolidated statement and its operating results increased.

In terms of LED packaging business, in 2017, Hongli Zhihui's operating income was 3.14 billion yuan, accounting for 84.17% of total operating revenue. The improvement in packaging business performance was due to the increase in global packaging business to China's OEM revenue; Under the economic benefit, the big factory has more advantages in terms of cost, and the small factory gradually withdraws from the market, which leads to further increase of industry concentration. Hongli Zhihui is the first leading packaging company in China to take the lead. At the same time, Smal's main production capacity was smoothly relocated to Jiangxi Hongli, which improved management and production efficiency. In addition, the smooth implementation of the “SMD Construction Project” expanded the production scale of LED brackets and LED packages.

In terms of automotive lighting, Hongli Zhihui has entered the LED headlight market in an all-round way and has a strong growth momentum in the future. According to GGII data, LEDs have lower penetration rates in headlights and fog lamps in 2017, while domestic LED headlights and fog lamps have far lower penetration rates than international ones. In the future, as China's LED automotive lighting matures in the chip, package and application, the penetration of LED lamps will increase rapidly.

2.webp.jpg

In addition, under the catalysis of the traditional upgrade of traditional car lights, the LED lamp market growth rate will be higher than the overall growth rate of the automotive industry. GGII expects that the domestic LED automotive lighting market will reach 42.5 billion yuan by 2020.

3.webp.jpg

As the leading white LED packaging company in China, Hongli Zhihui has entered the field of vehicle lights through the acquisition of Fo Da signal and Yishan lights. Among them, the products of Fo Da signal are mainly school bus lights and signal lights, more than 90% of which are sold abroad. The main brands are Haila, Bosch, Jianghuai school bus, Navistar, etc. The main products of Yishan car lights include the former combination. Lights, rear combination lights, interior lights, etc., supporting high-quality customers are mainly Geely Group, Great Wall Motor, Changfeng Cheetah, SAIC Iveco, Changan Automobile, China FAW, BAIC Group, etc., and are also vigorously developing new customers, including Guangzhou Automobile Group And other brand car companies. Recently, Hongli Zhihui LED headlights have passed the vehicle-level certification. With the company's headlight business gradually increasing, the company's future performance is expected to further improve.

In the car networking business, Hongli Zhihui made a full equity acquisition of the quick network at the end of April this year. Speed ​​Easy Network is a leading Internet marketing and car networking company in China, providing customized marketing plan planning and advertising for financial institutions. As an important layout area of ​​Hongli Zhihui, the Internet of Vehicles business achieved revenue of 217 million yuan in 2017, accounting for 5.88% of total operating revenue. After the completion of the transaction, the business of the listed company will be further diversified to form the business structure of “LED+ Internet of Vehicles”.

ZGAR Accessories

ZGAR Accessories


ZGAR electronic cigarette uses high-tech R&D, food grade disposable pod device and high-quality raw material. All package designs are Original IP. Our designer team is from Hong Kong. We have very high requirements for product quality, flavors taste and packaging design. The E-liquid is imported, materials are food grade, and assembly plant is medical-grade dust-free workshops.


Our products include disposable e-cigarettes, rechargeable e-cigarettes, rechargreable disposable vape pen, and various of flavors of cigarette cartridges. From 600puffs to 5000puffs, ZGAR bar Disposable offer high-tech R&D, E-cigarette improves battery capacity, We offer various of flavors and support customization. And printing designs can be customized. We have our own professional team and competitive quotations for any OEM or ODM works.


We supply OEM rechargeable disposable vape pen,OEM disposable electronic cigarette,ODM disposable vape pen,ODM disposable electronic cigarette,OEM/ODM vape pen e-cigarette,OEM/ODM atomizer device.

Disposable Pod Vape,Disposable Vape Pen,Disposable E-Cigarette,Electronic Cigarette,OEM vape pen,OEM electronic cigarette.

ZGAR INTERNATIONAL(HK)CO., LIMITED , https://www.zgarette.com