Akcome Technology: Building an energy internet and entering a new stage of development

In order to maintain the stability of the capital market, enhance investor confidence, and based on the confidence in the company's future development prospects and recognition of the company's value, in January 2016, the company's actual controller Zou Chenghui and his persons acting in concert promised not to reduce their holdings of the company's shares within six months from January 6, 2016. It is understood that the controlling shareholder intends to participate in the company's non-public offering of shares in the near future, with a subscription amount of no less than 383 million yuan.

Since January 2016, Mr. Zou and the company's senior management have frequently increased their holdings in the secondary market. To celebrate the 10th anniversary of iKang, Mr. Zou also provided a security commitment for the principal of employees who increased their holdings before the end of February and locked them for one year. This demonstrates the demeanor and courage of a responsible corporate leader!

Looking to the future, the long-term goal of Akcome Technology is to develop energy and finance at the same time to build a full industry chain of energy Internet, covering smart power generation, microgrids, energy storage, new energy vehicles, charging piles, etc. At present, the company is exploring the entry into the power consumption service side from the operation of new energy charging piles and new energy vehicles.

Guolian Securities believes that the company will derive a variety of additional services around photovoltaic power stations, including operation and maintenance services, rating services, carbon asset trading, financing services, etc. At present, third-party operation and maintenance services and carbon asset trading have borne fruit, leading the transformation and upgrading of the business. It is expected that the company will achieve revenues of 3.736 billion, 5.030 billion, and 6.113 billion yuan from 2015 to 2017, and net profits of 139 million, 418 million, and 665 million yuan, corresponding to EPS of 0.192, 0.577, and 0.917 yuan respectively. It is rated "strongly recommended".

Finally, we end this report by quoting a passage from Mr. Zou Chenghui, Chairman of Akcome Technology, in "Ten Years of Glory, Dreams Blooming - Written at the Beginning of a Quiet Decade":

I know that some people will inevitably fall behind and some will inevitably go through a tormenting process, but I believe that no difficulty can hinder our progress, because we have walked hand in hand through countless prosperity and loneliness, we have huddled together for warmth in every cold winter, we have overcome every obstacle, and we have cheered for every success. There has never been an era that makes us so easily ignited, and there has never been an industry that makes us not regret even if we die nine times. After ten years of precipitation, we have made the clear rise and the turbid sink, and we have gone through thousands of dangers and are proud of the world.

As the next quiet decade begins, let us, with a lofty attitude, use the ten years of splendor to watch over the blossoming of Aikang’s 100 billion yuan dream. Ten years of splendor, the dream blossoms!