The abbreviation of Heiniu food company will be changed to vicino, focusing on the OLED field in the future.
Heiniu food announced on the evening of May 10 that the securities abbreviation of the company will be changed to vicino, the Chinese name will be changed to vicino Technology Co., Ltd., and the securities code will remain unchanged
it is understood that in the second half of 2016, the company divested the original food and beverage industry and entered the OLED field. Through the continuous investment in strategic emerging industries and the divestiture of food business assets, the company is conducive to improving the profitability of the company and ensuring the long-term sustainable development of the company. Last year, the company reorganized its internal management processes, strengthened management, made certain achievements in the construction of departments and channels, strengthened the company's compliance operations, worked hard to reduce operating costs, improved production and operation efficiency, ensured product innovation and stability, and promoted the company to successfully complete industrial transformation. The company will increase its investment in the 6th generation AMOLED panel production line project and the 6th generation AMOLED module production line project. With the construction of the 5th.5th generation AMOLED production line expansion project of Guoxian optoelectronics, the production rate of the production line will be significantly increased, which will help the company achieve a large increase in overall production capacity, output and sales volume, and will support the 6th generation AMOLED panel production line project and the 6th generation AMOLED module production line project of the company to mass produce and optimize the process flow as soon as possible, Shorten the trial production cycle and capacity ramp up period, rely on product quality, brand recognition and customer base, smoothly expand sales channels, and accelerate profitability
during the reporting period, the company achieved total assets of 9.197 billion yuan, an increase of 577.89% year-on-year; The operating income was 32 million yuan, a year-on-year decrease of 80.07%; The net profit was 15.3303 million yuan, a year-on-year decrease of 41.45%. The main reason for the sharp decline in operating income is that the company completed the divestiture of its original food and beverage business and assets in the second half of 2016. In 2017, it was in the construction period, and the two wholly-owned subsidiaries were not put into production and sales, resulting in limited contribution to operating income
analysts believe that at present, the actual controller of the company is Wang Wenwen, the head of Daniu Huaxia happiness. His successful case in the real estate field has injected high expectations for the city's subsequent Fire Department of the Ministry of public security to fulfill the test report that the core material (i.e. core board) of thermal insulation materials must reach the fire-resistant B1 level. In the first quarter report of this year, institutional investors including Huaxia Fund were included in the company's register of shareholders, but the three social security fund portfolios that had previously held shares launched the list of the top ten shareholders
company development strategy
according to IHS Markit statistics, the market shipment of flexible AMOLED in 2017 increased by three times over the previous year, and the average growth rate of market shipment in the next five years is expected to be 20.7%. Based on the development background of the industry and the current situation of the company, the company will quickly improve its core capacity for mass production by relying on the existing technological advantages in the future. At the same time, it will also face the future, expand the upstream and downstream industrial ecosystem, and realize the collaborative innovation of intelligent products around visual technology, in order to continuously improve the market competitiveness and build the company into a leading enterprise in the same industry. The specific implementation plan is as follows:
accelerate mass production capacity, layout industry-leading capacity advantages
the Kunshan AMOLED production line currently in operation has successfully verified and accumulated mass production technology; Gu'an production line, which will be put into operation in 2018, will adopt advanced process equipment in the industry to further improve the production technology capacity. Facing the high-speed growth trend of the future market and the increasingly fierce competition pattern, the company plans to accelerate the future production capacity layout, quickly increase product shipments and market share, and enhance the advantage of economies of scale; Not only meet the needs of existing mainstream market customers, but also further meet the needs of potential market customers for OLED products
strengthen customer orientation, technology driven product differentiation competitiveness
with the interconnection of all things (the interconnection of all things combines people, processes, data and things, making the network connection more relevant and valuable) With the vigorous development of emerging technologies such as ubiquitous computing (ubiquitous computing is an adaptive digital environment that embeds a variety of sensing and computing devices, and can recognize others' body posture, physiological state, gestures, voice, etc. according to the situation, so as to judge people's intentions and make corresponding responses), intelligent hardware products show a trend of more diversification and faster iteration cycle. The company will be more proactive to establish cooperation with various end product customers, jointly study user needs, improve user experience and product value-added as the starting point, layout technological innovation and product innovation in advance, and help customers lead competitors to launch differentiated intelligent products. To this end, the company will increase R & D investment, not only continue to improve the leadership of display technology, but also actively integrate peripheral technologies related to user experience, such as touch technology, biometric technology, intelligent technology, etc., to provide customers with a variety of forward-looking solutions according to the differences in the application form characteristics of different market segments, such as vehicle mounted, smart home, and wearable devices
create an industrial ecosystem and realize collaborative innovation of products
the company believes that future innovation is not only the innovation of a single enterprise, but also the innovation of multiple technology integration and upstream and downstream industry collaboration. With an open mind of win-win cooperation, the company actively establishes close cooperative relations with upstream and downstream partners. On the basis of jointly developing new materials, new technologies, new equipment and new applications, the company builds an industrial cooperation and collaborative innovation network system through unremitting efforts in a flexible and diverse way of business model cooperation. To this end, the company will also transform from a traditional "product-based enterprise" to a new enterprise model of "borderless organization" and "product + service". From the aspects of conceptual design, product development, manufacturing, supply chain collaboration and other links, the company will establish a cross team and cross company cooperation system with upstream and downstream partners, rapid iteration and agile innovation, so as to continuously improve products and services and share the results of value creation
2018 business plan
accelerate the construction of production lines and realize the release of production capacity of the 6th generation line
in 2018, the company will complete the construction of the 6th generation AMOLED panel and module production line as planned and begin to gradually release production capacity. At the same time, we will make full use of the group's R & D platform and the resources of the 5th.5th generation line to develop and verify flexible product production technology and quickly improve the yield of the 6th generation line; Quickly iterate product technology and production technology, improve product performance, and obtain high value-added rate with high-performance products
continuous technological innovation to ensure technological leadership
in 2018, the company will continue to pay attention to technological development trends and continue to promote new technology layout and innovation in new technology fields. Build a stepped R & D platform to ensure sufficient and continuous R & D investment in cutting-edge technology, new technology and product technology; Establish a cutting-edge technology R & D management system, decompose technology based on product planning, ensure the progressiveness of technology planning and meet customer needs, and establish a perfect new technology introduction evaluation system; Establish a leading-edge technology pre research system, and obtain core technologies through independent research and development, cooperative development, etc
take customers as the center, quickly launch new products that meet market needs
comprehensively focus on customer needs, optimize development processes, and quickly complete product development and sample delivery; Optimize the import process of new products, strengthen the development of production technology, and improve product quality; Strengthen the management of production process, improve the management level of process equipment, improve the utilization efficiency of equipment, and ensure the rapid confirmation of mass production and shipment of major equipment
improve management efficiency, support rapid business development
establish a stable and sustainable talent supply channel; Take the qualification as the core, and guide the sustainable development of professionals; Take strategy and performance management as the leader to build a high combat effectiveness team. Comprehensively identify the risk points and key control points in the operation process, strengthen the process control ability, improve the management efficiency and support the rapid development of business on the basis of improving the internal control system
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