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[Jiancheng Electronics] operating revenue of 520 million yuan, a year-on-year increase of 28.3%
The business growth in the first half of the year was mainly due to the stable demand in the automation market. The “Four-in-one†project led by Jicheng Electronics was gradually advanced. It was launched in more than ten cities across the country to bring about stable revenue; the issuance of funds for the announcement in May was announced. The Micro Energy Network, with an investment of nearly RMB 430 million, has been piloted in Linyi and Dongguan and is progressing smoothly. It is expected that the business will bring revenue.
The technology of long-distance collection system is mature and leads the industry. The market growth of “four-in-one†in the next five years will bring stable income to Jicheng Electronics. With the promotion of smart cities, multi-formulation and micro-energy network will benefit.
[Chuanyi] operating income of 1.46 billion yuan decreased by 6.90% year-on-year
The decrease in business in the first half of the year was mainly due to the decline in the company's products in oil and gas, metallurgy, coal chemical, and light industrial building materials. During the first quarter of this year, supply-side reforms involved structural adjustments in a number of areas, which led to corresponding changes in market conditions. De-capacity and destocking constituted a certain market pressure in the short term.
[Weiertai] operating revenue 37.176 million yuan decreased 7.26% year-on-year
The decrease in business in the first half of the year was mainly due to the weak profitability of its subsidiary Datong Meter. The company has already sold assets. Currently, it is developing applications for adjusting products to increase the market share and improve the company's operating conditions.
During the reporting period, the company’s sales revenue decreased by 2.91 million yuan year-on-year. However, due to the completion of the equity transfer of Shanghai Datong Instrument Co., Ltd., the increase in profit or loss for the current period was 4.575 million yuan, making the company’s operating profit, total profit, and net attributable to the shareholders of the listed company during the current period. The indicators such as profit and basic earnings per share all showed significant growth over the previous period.
[Hanwei Electronics] operating income unreleased projected profit growth of 25%-45% year-on-year
The projected growth in the first half of the year was mainly attributable to the steady development of sensors, smart cities, and smart environmental protection businesses. During the reporting period, the company nurtured the smart home business segment, air radio and other products have brought profits, and its subsidiaries carried out services such as environmental monitoring. The government’s special funds have provided strong support; outreach and acquisitions have improved the IoT industry group, and the complete solution has given the company more market share and contributed to the overall growth of the business.
[Sanchuan Wisdom] Operating Income Unreleased Expected Profit Increase of 10%-30% YoY
The projected growth in the first half of the year was mainly attributable to the successful passage of the NB-IOT agreement, the emergence of opportunities for smart meter outbreaks, and the positive progress of the IoT smart meter and the “four-in-one†project; benefiting from extremely cold weather, water metering The volume of shipments has doubled; the investment in smart water services has increased, and a variety of business models have been developed based on the promotion and application of mobile APPs, and eventually positive progress has been made.
[Wuxi Automation] Operating Income Unpublished Expected Earnings to Decline by 25%-10% YoY
The expected decline in profit for the first half of the year was mainly due to the increase in the scope of consolidated statements, and the overall costs were affected by the market environment. Although sales revenue increased year-on-year, net profit was still declining.
[Xintian Technology] Operating Income Unreleased Estimated Earnings Rise 10%-40% YoY
The increase in profitability in the first half of the year was mainly attributable to the expansion of the smart meter market. The company’s investment in projects for civil smart meter expansion project achieved further release of production capacity, production capacity improvement, capacity bottleneck resolution, and business growth; smart gas meters after a few years ago The market has been pave the way, and products have gradually entered several major gas groups and local gas companies, becoming mainstream suppliers in the gas industry. Orders for smart gas meters have increased substantially; the promotion of water company industrial users has increased, and smart water meters have achieved steady growth.
[Gold Cards] Unexpected Revenue from Operations Unexpected 25%-40% YoY Reduction in Earnings
The decline in profit for the first half of the year was mainly attributable to the company’s deepening of overseas markets and increased overseas marketing and promotional investment. At the same time, in order to meet the demand for intelligent products, it invested more funds in the research and development of the Internet of Things platform and new products and new technologies. A substantial increase. Smart gas meter business orders increased from the same period of last year, but due to the above reasons, net profit decreased year-on-year.
[Zihua Science and Technology] Operating Income Unpublished Estimated Profit Increases 10%-30% YoY
The increase in profit for the first half of the year is mainly due to the increase in market development efforts by the company and sales revenue has increased. The company developed power demand-side services. In the first half of the year, it successfully won the bid for State Grid's electricity meter purchase, South Network's electricity meter purchase, and State Grid Jilin's “four-in-one†material procurement, which brought about significant growth in company performance.
Constance’s operating income has not been released and its profit is expected to increase 5%-20% year-on-year
The increase in profit forecast for the first half of the year was mainly due to the company's product sales business kept growing. R&D investment has increased substantially, and the pace of new products has been accelerated. Bus-type process calibrators and bus pressure calibrators have been in the trial phase. The ConST 793 ultra-fast pressure gauge verification device has been released, bringing revenue to the company.
China Instrument Network Instrument Depth Most companies continued their revenues in the first two quarters. Sanchuan Wisdom, Juhua Technology, and Jicheng Electronics all benefited from the market growth brought by smart meter outbreaks. Let's take a look at the overall performance of the listed companies in the first half of 2016.