MHz 2017 years ago, the performance of the 3 quarter of a sharp recession, chairman Huang said, the company suffered losses and raw materials prices can not reflect the price of the double pressure, the operation of the obvious recession, so that he was ashamed of shareholders and investors, but the company operating the worst so that means that is already the bottom Jiayi new plant is expected to start mass production in the 2nd quarter of 2018 and the operation is expected to be stable. Huang said that MHz has been transformed over the past 5 times, the transformation of the most painful, turned half a day has not been turned out, 2017 years ago, 3 quarter revenue 6.544 billion yuan, the annual reduction of 39%, the operating interests of 160 million yuan, the annual reduction as high as 78.6%, 2017 years ago 3-quarter without loss, and after-tax pure benefit of 1,904 yuan, The annual decrease is as high as 95.12%. MHz main products for the machine box STB, low noise frequency reducer LNB, as well as CATV cable related products. Among them STB revenue proportion of about 50%, LNB revenue proportion of about 20%-30%, other cable TV related product proportion about 20%. The main customers include cable TV industry, satellite TV industry, the export of Europe and the United States accounted for about 90% of the revenue, only 10% of domestic sales. Huang said that the STB market closed on the machine box, supply chain characteristics is not easy to change suppliers, the two sides cooperation for many years, but also relatively stable, MHz is Jiayi to build a new plant, is nearing completion stage, after the completion of the new plant, MHz will adjust the strategy, will take a more active mode of receipt, with the new factory automation production line, Expand operations. MHz Factory is located in Xinzhu, Shenzhen, in recent years and in Huang hometown Jiayi construction of a new plant, including electroplating and other production lines will be concentrated here, and actively import automation process, and open the mold. Huang said that 5 years ago he was worried about setting up factories in the mainland, so he was determined to set up a factory, if the quality of manpower and management, Taiwan set up factory production costs, will not be higher than the opposite bank. Looking ahead to 2018, Huang said it will be flat with 2017, is still in the transition phase, the company is working with customers to develop new products, is expected to have the opportunity to produce goods in 2018, driving the overall revenue recovery, mainly related to smart home applications. With the expansion of the application of intelligent home, a new generation of machine box has been introduced into the network, home central control and other functions. Huang optimistic about the development of wireless transmission of 4K film, cable TV will have a big change, the virtualization wave, now the computer room design and equipment, will be replaced, the subsequent MHz will have the opportunity to find growth potential of the operating opportunities, is still in the cultivation period, and betting, once the change started, will be 5-10 years of big business.
