Adhere to the traditional business and new applications "two legs" to walk, what is the support of this entrepreneur's ambition?
From September 7, 2017, Yuanfang Optoelectronics Change Securities is referred to as “Remote Informationâ€. Yuanfang Optoelectronics said that with the implementation of the company's extended strategy, the company's business operations continue to expand.
On December 16, 2016, Yuanfang Information completed the asset delivery to Zhejiang Weier Technology Co., Ltd. The main business was transformed from the original photoelectric detection system and service into intelligent detection and identification information system and service. As of the semi-annual report for 2017, the revenue of intelligent biometric information systems and services has exceeded 50% of the company's total operating income. Therefore, the original securities referred to as “Yuanfang Optoelectronics†cannot fully reflect the industry, products and services currently involved.
In recent years, distant information has achieved significant breakthroughs in performance. In the first three quarters of 2017, Yuanfang achieved revenue of 366 million yuan, and the net profit attributable to shareholders of listed companies was 103 million. Regardless of revenue or net profit, Yuanfang’s results in the first three quarters of this year have exceeded the full year of 2016.
In this regard, Pan Jiangen, chairman of Yuanfang Information, told Gaogong LED: “First of all, all of the company's business has maintained healthy and stable growth. Secondly, it fosters new business through innovation and allows it to grow steadily. Overall, the remote information will be While the existing business is in good condition, it is still developing new application areas, and the company always maintains two legs."
Pan Jiangen, Chairman of Yuanfang Information
Gaogong LED noted that the current remote information business has covered many fields such as industry, transportation, finance, military, and public safety. Among them, traditional services such as LED lighting continue to grow, and the biometrics business is also one of the main businesses, and its profitability is comparable to that of the LED lighting business.
Although the scale of business and the areas involved are constantly expanding, remote information is not blind in the choice of product lines. "We have a clear positioning on the product line. The remote side is mainly based on detection technology, and behind it is the background of optical, electronic, mechanical, software and Internet technologies." Pan Jiangen said, "from the initial start of the electric light source Applications, gradually extended to applications in different fields such as color, EMC, display, etc., or through the acquisition of the biometrics field by the acquisition of Vir Technology, as well as the detection of rail transit (metro, high-speed rail), we all have their own mature equipment. â€
It can be said that the remote information relies on its own advanced detection technology and testing equipment, and gradually enters into a wide range of application fields, and allows each application to form a good synergy with each other. "The fundamental reason is that the core technologies in various fields are connected, and the core technologies surrounding the remote information are basically unchanged." Pan Jiangen said frankly.
The traditional replacement market has huge space and unlimited prospects for innovation and application.
With the advent of the LED era, the technology and product iteration cycle is accelerating, the integration trend of light source lamps, product form and diversification of demand have increased the technology, manufacturing and competition barriers of the lighting industry, and thus promoted the reshuffle of the industry pattern. The speed of integration is accelerating and the concentration is gradually increasing.
As a professional service provider in the field of photoelectric detection equipment, remote information has its own unique understanding of the development of the LED lighting market. Pan Jiangen told Gaogong LED: "The first stage of LED industry tends to be mature. The main manifestation is that the shape and direction of LED traditional lighting products are becoming mature. At present, the market space of LED is mainly to replace the market. However, although the shape of LED products has matured, But LED applications will still increase dramatically."
"The benefits of LED downstream application enterprises may not be very good, but the overall output and output value of the market are still greatly improved, and the LED lighting market is developing in a good direction." High-tech LED data shows that the LED lighting market in 2016 reached 29.6 billion US dollars. In 2017, the LED lighting market will reach 33.1 billion US dollars, and the LED lighting penetration rate will reach 52%.
Pan Jiangen believes that the LED industry is still in its infancy, and its development space is very huge. He said that when the LED industry develops to the next stage, the upstream chip field will have breakthroughs in the process, while the application level requires innovative lighting and innovative applications. At this stage, there is still a lot of room for development in the traditional replacement market, so the attention of the company has not yet shifted to innovative applications.
On the whole, there is still room for the traditional replacement market, and the prospects for innovation and application are limitless.
Traditional business needs are weakening, and the market is cutting into the innovation market.
Due to the low threshold of LED technology, a large influx of capital in the early stage led to more participating companies. Nowadays, the competition in the field of LED general lighting has become more and more intense, and the middle and lower reaches of the LED industry chain are deeply affected.
In this regard, Pan Jiangen said that the impact of fierce competition on remote information is two-fold: First, due to increased competition, enterprises pay more attention to product R&D and quality, which is more favorable for the industry to mature. Under this situation, enterprises are against us. The demand for traditional, fixed and mature equipment will be reduced. Secondly, lighting companies will inevitably innovate in the competitive situation. Therefore, we must continuously introduce corresponding innovative products around the innovation of customers, and then open up a broader market.
“We have a lot of room for improvement in the increment of traditional equipment and product development. At the same time, there is still a lot of room for new products and innovative applications. In general, the fierce competition is challenging for distant information. There are also opportunities." Pan Jiangen concluded.
Indeed, the LED industry's innovative application market is now quite active. At this year's Guangya Exhibition and Hong Kong Autumn Lighting Fair, Gaogong LED found that innovative applications such as intelligent emergency power supply, intelligent lighting based on voice interaction and positioning lighting have brought a lot of vitality to the industry. In response to the needs of enterprises in terms of innovation, Yuanfang has launched a number of innovative products and has entered the new application fields.
Previously, distant information was deployed in the field of biometrics through the acquisition of Weir Technology. It is understood that the application of Weier Technology involves many aspects such as finance, social security, transportation and driver identity management. As a leader in the field of photoelectric detection, what is the consideration of remote biometric identification at this time?
"First of all, biometric core technology and photodetection technology are basically the same; secondly, biometrics is also a big opportunity, and the demand for industrial integration is also very strong. Based on these two points, distant information began to lay out the field of biometric identification." Pan Jiangen said "In the future, biometrics will become more and more widely used in artificial intelligence, and the application fields and prospects are quite huge. In the past few years, the growth of remote information in this area has exceeded 30%."
Implement the basic concept, and advance talent, capital and technology
As more and more new fields are involved, the challenges facing distant information are also growing. However, through continuous search and discovery of outstanding talents and integration of resources, after years of development, distant information has gradually accumulated strong core competitiveness in research and development, technology, management and other aspects, and established the company's leading position in the industry.
It is understood that as of the first half of 2017, Yuanfang has a total of 260 patents, and has obtained 121 software copyrights. It has formulated 42 domestic and international standards, laying a foundation for continuous research and development and technological development.
"In the future, the distant information will further implement its basic concepts, do a good job in core manufacturing and core technologies, and make up the basic culture of the enterprise, the capital management system, and the equity incentive system; then introduce talents to provide a larger space for talent entrepreneurship." Pan Jianen concluded that "in the future, we will use capital, do a good job as a partner platform, and lead science and technology. In short, talent, capital and technology are indispensable."
It is worth mentioning that the 2017 High-tech LED Annual Conference will be held at the Baoan Dunxi International Hotel in Shenzhen on the 21st and 22nd, with the theme of “Deepening the smoke and eliminating the soft power and deep integration and tapping new opportunitiesâ€. As one of the sponsors of the annual meeting, the distant information will be unveiled at the annual conference venue.
As Pan Dong said, today's traditional business needs are weak, and the prospects for innovation and application are limitless. In the current LED industry, where is the new opportunity for enterprise development? The high-tech LED annual meeting may let you find the answer you want!
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