Tongfang announced the 2010 annual report expects LED industry to become the highlight of this year's performance

Tongfang shares announced the 2010 annual report a few days ago, and made a brief explanation of the development of the main business in 2011 in the annual report.

During the reporting period, Tongfang achieved operating income of 18.258 billion yuan, an increase of 18.65%; net profit attributable to shareholders of listed companies was 480 million yuan, an increase of 36.48%; basic earnings per share was 0.4867 yuan, an increase of 35.31%. At the same time, the company announced the profit distribution and capital reserve fund transfer to share capital plan, it is proposed to transfer 10 shares for every 10 shares to send a cash dividend of 1 yuan (including tax).

In addition, Tongfang will focus on four aspects in 2011: based on high-end LED chips to ensure the release of production capacity as scheduled; comply with the national energy-saving strategy, vigorously develop energy-saving business; grasp the opportunity of bank card "replacement" to achieve expansion in the financial payment field; As well as the operation and management of the city, the IoT business realizes content from concept to operation.

The research institute predicts that the LED industry will become the biggest highlight of Tongfang's 2011 performance.

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