The report shows that Lianjian Optoelectronics LED display achieved a domestic main business income of 168 million yuan in the first half of the year, a year-on-year increase of 10.31%, and a gross profit margin of 21.87%. Due to fierce competition in the domestic market, gross profit margin decreased by 3.4%. Lianjian Optoelectronics said that in the first half of 2013, the market segment of LED display applications was unevenly developed, and the market segments such as government procurement and corporate image promotion were slightly reduced.
Lianjian Optoelectronics said that during the reporting period, the company's operating profit and total profit decreased more, but the net profit increased. This was because in June 2012, the company paid the tax bureau a payment of RMB 7,235,700 for the 2008-2010 corporate income tax. The shareholders of the company bear but need to be included in the company's profit and loss, so that the net profit attributable to the parent company in the first half of 2012 was adjusted from RMB 15.076 million to RMB 7,840,600, but there is no need to adjust the current operating profit and total profit.
In addition, Lianjian Optoelectronics also announced that, according to the company's development plan and market demand, in order to strengthen the company's control of the linkage culture and meet the operational management needs, the company used the over-raised funds raised by the initial public offering of RMB 4.545 million to acquire through the linkage investment. 9% of the linkage culture held by Liang Qinyu, a shareholder of the Linked Culture Natural Person. After the completion of the equity acquisition, Linkage Investment will hold 100% of the equity of Linkage Culture.
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