Guanghong Technology: The Indian factory is operating well, and the third phase of the plant has reached full production of 50 million units

On October 13, Guanghong Technology stated on the interactive platform that the company's Phase III plant was successfully capped in June this year. After the internal decoration and subsequent equipment are completed, the production capacity will be gradually released from next year. After the third phase is fully put into production, it can provide the company with a production capacity of 50 million complete machines per year, which can meet the production and manufacturing needs of various electronic products including 5G smart terminals and smart wearables. The Indian factory is currently in good production and operation.

It is understood that the third phase of Guanghong Technology (Huizhou) intelligent production construction project is located in Daya Bay District, Huizhou City, Guangdong Province, with an investment of nearly 2 billion yuan. According to the relevant person in charge of the company, the total construction area of ​​the first phase of the park is 100,000 square meters, the total construction area of ​​the second phase of the park is 125,000 square meters, and now the third phase of the park has reached 150,000 square meters.

In the first half of this year, Guanghong Technology achieved operating income of 1.141 billion yuan during the reporting period, a year-on-year increase of 7.96%; net profit attributable to shareholders of listed companies was 176 million yuan, a year-on-year decrease of 8.93%; net cash flow from operating activities was 254 million yuan, a year-on-year decrease of 11.14%. Among them, the second quarter achieved operating income of 735 million yuan, a year-on-year increase of 19.17%; net profit attributable to shareholders of listed companies in the second quarter was 155 million yuan, a year-on-year increase of 39.47%; net cash flow from operating activities in the second quarter was 151 million yuan, a year-on-year increase of 15.22%.

It is reported that Guanghong Technology's customers are widely distributed in the fields of consumer electronics, network communications, automotive electronics, etc., including Huawei, OPPO, Xiaomi, Wingtech, Huaqin, etc. Facing the opportunities of 5G commercialization and the rise of consumer electronics brands, Guanghong Technology is rushing to layout in the 5G field by cooperating with mobile phone manufacturers such as Huawei, OPPO, and Xiaomi.