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Konka's net profit in the first quarter increased by 42.68% year-on-year Business development accelerated efficiency

Zhongxin Jingwei May 5 (Yu Yanchen) On April 27, Konka Group released its 2022 first quarter report. During the reporting period, Konka achieved a net profit attributable to shareholders of listed companies of 100 million yuan, an increase of 42.68% over the same period of the previous year. In the context of the normalization of the epidemic, the shortage of chips and the reduction of consumer demand, Koncanon's brilliant performance also shows that its strategic transformation has achieved remarkable results.

Net profit growth Konka transformation results are obvious

It is understood that Konka Group has always adhered to the "technology + industry + park" development strategy unswervingly, focusing on the three leading industries of "new consumer electronics + semiconductor + new energy technology" and the two supporting industries of "park + investment", and continuing to promote the "industry + park + capital" tracked profit model.

According to public information, since 2018, Konka Group has put forward the strategy of "technology + industry + park" and launched a comprehensive transformation, moving from a traditional home appliance enterprise to a technology platform enterprise. With the orderly implementation of the transformation strategy, many of Konka's businesses have begun to enter a new situation of development and have achieved many breakthrough results. The 2021 financial report shows that in the field of semiconductor optoelectronics, Konka chips have made breakthroughs in technical aspects such as miniaturization and huge transfer, independently designed and produced 15 * 30 micron level Micro LED display chips, and independently developed "hybrid huge transfer technology" transfer yield of 99.9%, providing a solid foundation for further expanding the application market of wearable displays, in-vehicle displays, immersive displays and other applications.

Konka's net profit in the first quarter increased by 42.68% year-on-year Business development accelerated efficiency

At the same time, the Group's operating performance is also growing steadily. The data shows that from 2019 to 2021, the net profit attributable to the shareholders of listed companies of Konka Group is gradually increasing, with 212 million yuan, 478 million yuan and 905 million yuan respectively. In the first quarter of 2022, Konka achieved revenue of 8.32 billion yuan, and its operation was stable and improving. It can be said that through strategic upgrading, Konka not only leapfrogged development, but also found the driving force for the company's sustainable development.

At present, Konka Group has built a R&D team with nearly 100 core key technologies and about 1505 people, and R&D investment is expanding. The growth of the R&D team and the increase of R&D investment have further strengthened the attributes of Konka Technology Enterprise.

Focus on scientific and technological innovation And accelerate the transformation of science and technology

Faced with the development and needs of China's innovation economy, Konka actively embraces innovation. Zhou Bin, president of Konka Group, once said, "We must continue to expand the industrial map, continue to thicken the asset strength, lengthen the industrial chain vertically under the new industrial main line, broaden the product chain horizontally, concentrate on the key 'card neck' technology, build technical barriers and industrial chain barriers, and realize the comprehensive transformation of 'Konka Electronics' to 'Konka Technology'." ”

It is reported that Konka Group has deeply implemented the principle of "independent innovation + technology introduction", continuously increased investment in research and development, conquered a number of core technologies, and steadily promoted the company's transformation from "Konka Electronics" to "Konka Technology". For example, through its continuous investment in research and development, Konka Group has launched many innovative products that lead consumer demand, and has maintained a steady increase in the operation of consumer electronics business in the face of a decline in demand for home appliances.

Since 2022, a number of scientific and technological innovation achievements of Konka Group have landed, providing strong support for the realization of business strategic objectives.

Konka's net profit in the first quarter increased by 42.68% year-on-year Business development accelerated efficiency

In terms of white electricity business, in the first quarter of 2022, Xinfei, a subsidiary of Konka Group, successfully developed the world's first civil air refrigeration deep and low temperature -86 refrigerator prototype, with a loadless minimum refrigeration temperature of up to -102, which not only filled the domestic technology gap, but also opened up a broad space for Xinfei ultra-low temperature refrigeration products in the medical, military, scientific research, transportation and other markets. In terms of semiconductor storage business, Hefei Kangxinwei, a company in the semiconductor storage field under Konka Group, completed a financing of 200 million yuan during the reporting period, and industrial companies such as Shanghai Weigu, Guangzhou Science City, Xicheng Zhiyuan, Guoyuan Fund, CITIC New Future and other industrial companies participated in the capital increase with professional investors, highlighting the recognition of the outside world for its far-reaching value and growth potential. In terms of smart terminals, on April 15, at the Guangdong Provincial Science and Technology Innovation Conference, the "Key Technologies of Smart Terminals Integrating Information Equipment and Beacon Collaborative Interconnection" jointly declared by Konka Group Quality technology management center, Konka Research Institute, Shenzhen Kangxian One Vision Intelligent Technology Co., Ltd. and external units won the second prize of Guangdong Provincial Science and Technology Progress Award, which reflects the full recognition of Konka's technological innovation ability by the Guangdong Provincial Government and all sectors of society.

Konka's net profit in the first quarter increased by 42.68% year-on-year Business development accelerated efficiency

In addition, Konka also launched the smart scene screen APHAEA A6 Pro equipped with a new large-screen cross-ecosystem MEYUOS, leading the new trend of free screen fighting. The innovation of Konka's cross-ecological new species wisdom scene screen APHAEA A6 Pro is not only a self-help to deal with the bottleneck of the color TV industry, but also an exploration of the upgrading of the entire color TV industry, which has strong strategic significance for the entire color TV industry.

At present, Konka is actively promoting the industrialization of semiconductor business. Konka has built a Micro LED full-process R&D production line, and the self-developed hybrid large-volume transfer technology has been greatly improved in terms of transfer efficiency and yield, and has successfully transferred a huge amount out of the wearable display. The Micro LED chip developed by Konka has completed small and medium batch trial production. Hefei Kangxinwei Storage Technology Co., Ltd. completed the capital increase in the first quarter of this year and introduced a number of strategic investors, which will help the memory chip business to become bigger and stronger.

In addition, the cluster of listed companies in the Konka system has initially taken shape. So far, Konka has participated in the listing of Zhenyou Technology, Chu Tianlong and Tianyuan Environmental Protection, and Konka Holdings' Yikang Technology and Yi square have successively completed the work of introducing strategic investors before listing, and the image of technology platform companies has become more and more obvious.

It is worth mentioning that according to Zhou Bin, president of Konka Group, since last year, Konka has launched the construction of the pilot demonstration base of the Greater Bay Area Science and Technology Innovation Center with the Guangming Science and Technology Center as the main carrier, which is also in line with the direction of "cultivating scientific and technological leading enterprises to promote the continuous enhancement of industrial innovation capabilities" proposed at this conference, which will help to enhance the national strategic scientific and technological strength of Guangdong Province and even the whole country after completion. (Zhongxin Jingwei APP)

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