AOTO ELECTRONICS(SZ:002587)2022-12-06 10:54Group 1: Company Overview - Aoto Electronics is one of the earliest companies to enter the LED display field in China and is the contractor for the Shenzhen LED Display Technology Research and Development Center [1] - The company focuses on the R&D, production, and sales of LED application products and financial electronic products, with years of experience in these areas [2] Group 2: Financial Performance - In the first half of 2016, Aoto Electronics achieved operating revenue of 179 million CNY, a year-on-year increase of 24%, and a net profit of 27.34 million CNY, a year-on-year increase of 1,167.8% [2] - The company completed a cumulative dividend distribution of 113 million CNY over five consecutive years [2] Group 3: Strategic Developments - Aoto Electronics is expanding into the sports industry, establishing a sports division in early 2016 to engage in equipment leasing, venue renovation, sports marketing, and event operations [3][4] - The company has provided services for over 500 domestic events, including partnerships with the Chinese Football Association and the International Basketball Federation [3] Group 4: Future Investment Directions - The company plans to accelerate mergers and acquisitions to expand its scale and improve growth speed and quality, focusing on four main areas: system integration, LED applications, cultural and sports creativity, and energy-saving services [4][5] - The acquisition of Shenzhen Qianbaihui Lighting Engineering Co., Ltd. is aimed at optimizing existing business and enhancing financial and R&D synergies [5] Group 5: R&D and Market Expansion - Aoto Electronics emphasizes R&D with an average annual investment of over 10% of revenue, aiming to maintain a leading position in technology [6] - The company plans to strengthen its marketing and service networks in overseas markets such as Europe, the USA, and Japan, focusing on eight application sectors including advertising, sports, and high-end retail [6]