Desai battery net profit fell 37% in the first half

On August 15th, Desai Battery (000049, shares it) (000049) disclosed the 2016 semi-annual report on the evening of August 15. During the reporting period, the company achieved operating income of 3.003 billion yuan, down 20.94% year-on-year; attributable to shareholders of listed companies. The net profit was 725.738 million yuan, a year-on-year decrease of 36.88%; the basic earnings per share was 0.3536 yuan.

The company said that during the reporting period, due to the two consecutive quarters of decline in sales of core customers' smartphone products, the company's main business experienced a certain degree of decline. In the first half of the year, the company actively explored domestic smart phone customers according to the 2016 business plan formulated at the beginning of the year. The newly introduced customers began to gradually increase the volume; the notebook battery packaging business was successfully mass-produced, and the customer development work progressed smoothly; the intelligent control class actively expanded the vacuum cleaner and the washing machine. In the application fields such as sweepers and power tools, the business has achieved initial results.

During the reporting period, the subsidiaries and the Beijing Institute of Technology, South China University of Technology and other universities to carry out production, learning, research cooperation, carried out a number of technical cooperation in the development of power battery power management technology and intelligent control; a variety of ways to introduce technical talent, Strive to establish an industry-leading technical resource platform.

During the reporting period, the company's subsidiaries comprehensively promote lean production and lean management, improve welding, burning and other manufacturing processes, further improve automation, reduce production losses and improve product quality. In order to further expand the production scale and optimize the business structure, during the reporting period, Huizhou Lanwei and Huizhou Xinyuan respectively started the expansion of the plant to increase the production area of ​​multi-section business and build the PACK production line of power battery. The construction project of Huizhou battery plant was promoted as scheduled. During the reporting period, the company completed the liquidation and cancellation of Huizhou Jueneng and Huizhou Lithium.

Antifreeze candle is one of the products successfully developed by our factory. Mass production started in 2015. During this period, we have been constantly updating our products, committed to reducing product prices and increasing product diversity, from basic models to different raw materials and burning times. Therefore, our sales share in Europe is doubling increase every year.

Anti frost candle is a product used against frost in orchards and vineyards. In recent years, more and more European orchards and vineyards use antifreeze candles to resist spring frost. Flowers that have sprouted are in danger, and they are particularly sensitive to temperature. Even minus half a degree can cause frost to destroy flowers and a large number of harvests, and may even lead to complete failure. This will cause great losses to orchards and vineyards, and this economic loss has reached a huge proportion in Europe. The growers have tried many protective measures, such as: hot air blowers, sprayers, irrigation or electrical wires. However, against frost candles are the most cost-effective and can be covered where the machine can't extend. This is the advantage that antifreeze candles cannot be replaced.

The heat generated by the anti-frost candle heats up the cold air by flowing, preventing flowers and small fruits from being damaged by frost or crop loss.

A suggested number of candles/hectare for different temperatures. (These values apply to spring frosts without wind load)