LED display developer Crystal Color Optoelectronics applied for listing new three board

On February 23, Fujian Jingcai Optoelectronics Technology Co., Ltd. officially applied for the listing of the New Third Board in recent days. The listing information disclosed by the National Stock Transfer System shows that Jingcai Optoelectronics was established on February 23, 2011, on September 1, 2015. On the day of the completion of the share reform, the chairman and general manager of Huang Shuiqiao holds 90% of the shares, which is the actual controller of the company.

According to the announcement, the revenues of Jingcai Optoelectronics in 2013, 2014 and January-August 2015 were 44.306 million yuan, 8641.18 million yuan, and 69.304 million yuan respectively; the net profit was 4,998,800 yuan, 85.9 million yuan and 6,285,400 yuan respectively.

According to the data, the main business of Jingcai Optoelectronics is the R&D, production, sales, installation and post-maintenance of LED display.

The products provided by Jingcai Optoelectronics cover single-color, double-primary and full-color LED display products for indoor and outdoor use. Its LED display has been sold to Russia, Turkey, Germany, France and other countries and regions.

Jingcai Optoelectronics sells its products to customers through direct sales and agency sales. During the reporting period, the company's profit margin was relatively high. The main reason was that the company increased its R&D investment and continuously introduced new products suitable for users' needs. The company passed research and development and production. Sales of new products, constantly adapt to market demand, and obtain product sales profits through direct sales and channel distribution models.

The sponsoring brokerage of Jing Cai Optoelectronics is the Northeast Securities, the legal consultant is Fujian Junli Law Firm, and the financial audit is Daxin Certified Public Accountants (special general partnership).

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