Event: The company released the semi-annual report for 2018, achieving an operating income of 399 million yuan, a year-on-year increase of 34.64%; net profit attributable to the mother was 44.33 million yuan, an increase of 5.39% over the previous year. In the first half of 2018, the growth of the company's operating performance mainly comes from the new energy power battery industry. The implementation of the point system and the continuous improvement of the cost performance of new energy vehicles further promote the development of new energy power batteries, and the company has a good start, complete product range and performance. Stable advantages maintain strong market competitiveness.
More than ten years of green laser pointer welding services, comprehensive quality control to ensure product quality: Liansheng Laser was established in 2005, specializing in the development, production and sales of laser welding systems and the development and sales of embedded application software. The company's main customers include power batteries, consumer electronics, optical communications, household appliances, auto parts and other hardware. Guided by market demand and product research and development, the company has developed laser welding machine, laser welding automation working platform and integrated control software and laser welding system integration core technology and production process, and purchase green laser according to user's technical requirements. The pointer parts are sent to the customer site for installation and commissioning after the commissioning is passed and the customer operation training is carried out.
China's external sales model has increased sales in the first half of the year: the company's laser business covers both domestic and overseas regions. Due to the high personalization and customization of the company's products, domestic sales are mainly direct sales, and foreign sales are direct sales. The combination of agents. Due to the expansion of the market, the company increased sales and after-sales service personnel in the first half of the year, with sales expenses reaching 47.82 million yuan, an increase of 31.30%, salary expenses increased by 65.70%, and automobile expenses increased by 27%. .20%, the exhibition fee increased by 109.88%.
Construction of two production bases in Jiangsu and Huizhou, module standardization design and optimization of production process: In order to ensure the supply of capacity and meet the needs of market expansion, the company launched two production bases in Jiangsu and Huizhou. On April 9, 2018, the company's Jiangsu production base held a groundbreaking ceremony, officially started construction, and strived to complete and put into use within the year; in the second half of the year, the company will start the construction of the production base of Huizhou Zhongkai High-tech Zone. In addition, because the laser welding system of the company's main products has the characteristics of individualization and customization, the production cycle of the product is long. After the product is delivered to the customer, it needs to be installed and debugged on site. After the customer accepts the inspection, the revenue is confirmed, resulting in a large inventory balance. (In the first half of the year, it accounted for 53.3% of total assets). In order to optimize the production process and shorten the production cycle, the company plans to optimize product design and shorten the production cycle through module standardization design, PLM system management, etc. At the same time, strengthen technical and after-sales personnel training, develop installation and commissioning standards, speed up installation and debugging, and reduce inventory occupation. .
Completed a number of core product technology research and development, and added 13 new patents in the first half of the year: The company continued to increase investment in research and development. The research and development expenses in the first half of the year were 22,308,800 yuan (accounting for 5.60% of revenue), an increase of 24.95% over the same period of last year. . In the first half of the year, the company newly developed four laser welding machines, and newly designed and completed 8 automatic welding systems; 13 new patents and 12 new software copyrights. As of the end of June, the company had 80 patents and software copyrights 72. item.