On August 14, Infante released the semi-annual report for 2017. The company realized operating income of 339 million yuan from January to June 2017, a year-on-year increase of 14.32%; net profit attributable to shareholders of listed companies was 2,385.83 million yuan, down 35.69% year-on-year.

Infineon is principally engaged in the R&D, production, sales and technical services of LED driver power supplies. The main product LED drive power is an important part of LED lighting, converting the external primary energy into the secondary energy required by LED, mainly used in outdoor LED functional lighting such as street light, tunnel light, high pole light; flood light, washing LED landscape lighting fixtures such as wall lamps and guardrail lights; indoor LED lighting fixtures such as industrial and mining lamps, panel lights, strip lights, spotlights, downlights, ceiling lamps, ceiling lamps, etc.

As an indispensable part of LED lighting, LED driving power has an important impact on the reliability of LED lighting. The quality stability of driving power is the shortcoming of LED lighting. LED drive power has become a bottleneck for the large-scale promotion of LED lighting, and is one of the key factors that restrict the development of LED lighting industry. Moreover, the LED driving power supply accounts for 20%-30% of the cost of the LED whole lamp. How to improve the quality and cost performance of the driving power supply has become the focus of research and development of the power supply enterprise.

It is reported that since its establishment in 2007, it has been focusing on the R&D and production of LED driver power. At present, the LED driver power product line is complete in specifications and covers the mainstream demand of the market: the power coverage interval, the company can currently produce various types from 3W-500W. LED drive power; application field, the company's products are used in outdoor and indoor environments, can meet the harsh working conditions of high and low temperature, lightning, moisture, corrosion and grid voltage fluctuations; product performance, the company's products can achieve constant current, Specific requirements such as dimming and intelligent control.

It is worth mentioning that the Infinex brand was rated as “Zhejiang Famous Brand” and “China's LED Industry's Most Competitive Brand”. The LED driver power supply was identified as “Zhejiang Famous Brand Product” and obtained “China Power Supply”. The first prize of the Science and Technology Award, and the “China LED First Prize”, the products are sold to more than 50 countries and regions in China, North America, Europe, Japan, South Korea, South America, Southeast Asia, etc. High brand awareness and reputation.

Up to now, Infinex's sales area covers more than 50 countries and regions in China, North America, Europe, Japan, South Korea, South America, Southeast Asia, Middle East, etc., and has established subsidiaries in the United States and Europe, and established independent markets in Europe and America. The marketing and service network actively expands the market through domestic and international distribution customers, and establishes a global marketing and service network.

Infinet said that there are mainly the following reasons for the increase in revenue in the first half of 2017:

1. In the first half of 2017, the company's overall sales revenue continued to grow. However, due to the increasingly fierce competition in the LED lighting industry and the fluctuation of the overseas market economy, the income of overseas sales market declined, and the proportion of income structure changed, resulting in product hair. Interest rate levels have fallen compared to the same period last year.

2. The company's Binjiang Headquarters Building and Tonglu Production Base (Phase I) project started to be put into use in April 2016 and August 2016. The depreciation of real estate and related operating expenses from January to June 2017 increased significantly compared with the same period of last year.

3. In order to seek new business growth points, the company has accelerated the strategic pace of new energy vehicle charging products and increased investment in research and development of new products.

On August 16, Infante (300582) said on the investor relations interactive platform that the LED driver power market is directly affected by the LED lighting market. As the LED lighting market continues to grow rapidly, the market demand for LED driver power will be further released. It is expected that the global LED driver power supply sales scale will continue to grow steadily in the next few years, and the market capacity will continue to expand.


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