Flying Branch Electric in the first three quarters of net profit by more than four percent | proposed Songjiang production base

The first three quarters of the company achieved operating income of 2.663 billion yuan, an increase of 14.40%; to achieve attributable to shareholders of listed companies net profit of 600 million yuan, an increase of 42.77 yuan %; White goods industry average operating income growth rate of 30.34%, white goods industry average net profit growth rate of 36.27%.

Announcement shows that the third quarter of the social security fund holdings, the National Social Security Fund 406 combination of the top ten shareholders, the shareholding ratio of 0.79%; National Social Security Fund 115 portfolio shareholding from the end of the quarter rose 0.18% 0.23%.

At the same time, Flying Branch Electric said that with the rapid development of the company in recent years and personal care industry increasingly competitive industry, in order to further consolidate the company's leading position in the industry to achieve the world's leading fashion smart brand operators Strategic objectives, the company intends to invest 441 million yuan for the construction of household appliances Songjiang production base of new projects.

Feijia Electric said in the announcement that the future demand for the project funds of 355 million yuan, all by the company self-raised project will be completed after the completion of 13.6 million personal care electrical products, annual production capacity, the new annual sales income of 857 million Yuan, net profit of 60.151 million yuan, the investment rate of return of 18.2%, the total investment recovery period of 7 years.

It is reported that the new project construction site is located in Shanghai Songjiang District Zhongshan Street Industrial Zone ZS-16-003, with a total construction area of ​​about 101,625 square meters, is expected to build a period of 1.5 years.

Flying Branch Electric pointed out that the implementation of the project will help the company to further expand the scale of production, while reducing operating costs and improve production efficiency, the project is expected to put forward after the company's future performance will have a positive impact, but also faced with investment projects can not be achieved The risk of expected benefits.

In addition, the company has also issued a notice on the resignation of the secretary of the board of directors, the board of directors of Shanghai Feike Electric Co., Ltd. recently received a written resignation report submitted by Mr. Qiao Guoyin, Secretary of the Board of the Company. For personal reasons, Mr. Qiao Guoyin applied for resignation Secretary duties, after the resignation will no longer hold any of the company duties.

In the announcement, the company will announce the appointment of the new board secretary as soon as possible in accordance with the relevant provisions. During this period, Mr. Jin Wencai, the director and executive vice president of the Company, took the responsibility of the secretary of the board of directors.

2016 GoodChinaBrand | ICP: 12011751 | China Exports