Suzhou Mingyi's 2017 revenue of 56.62 million, mobile phone customer base shifting from low-end to high-end

Suzhou Minghao Sensing Technology Co., Ltd. was established in October 2011 with a registered capital of 10 million yuan, of which Suzhou Gushao invested 7 million yuan, accounting for 70% of the total registered capital. Company's business scope: MEMS sensor chips and devices Process development, design (limited to computer development and design), and related technology transfer, technical consulting, and technical services; related process software development. On March 6, 2014, Suzhou Minghao completed the registration of the registered capital change business, Suzhou After the registered capital of Mingyi was adjusted from RMB 10 million to RMB 8 million, Suzhou Gusui increased its capital by RMB 10 million. After the capital increase, Suzhou Gushao invested RMB 17 million, which accounted for 94.44% of the registered capital. December 2015 On the 10th, Suzhou Mingyi and Tongbo Electronics, and Jardine Lianchuang, a wholly-owned subsidiary of Tianjin TEDA Xinjiang Teda Xinyuan Equity Investment Co., Ltd., signed an official investment agreement. On January 15, 2016, Suzhou Mingyi completed the registration of the change of industry and commerce. , After the capital increase was completed, the registered capital of Suzhou Mingyi became 40,781,700 Yuan, of which Suzhou Gusui accounted for 41.69%. As of December 31, 2017, the registered capital of Suzhou Mingyi was 455. RMB 61,700, of which Suzhou Gucheng accounted for 37.31%.

As of December 31, 2017, Suzhou Minghao's total assets were RMB 83,167,500, owner's equity was RMB 28,860,500, operating income was RMB 5,661.81 million, and net profit was RMB −22,179,000.

Summary of work in 2017:

1. Affected by the overall mobile phone market and newly introduced customers starting from Q4, shipments throughout the year have decreased compared to last year;

2. The mobile phone market started to pick up from Q4, and new customer projects were put into production. The company's Q4 shipments reached a record high;

3. In 2017, the company completed the transformation of its mobile phone customer base from low-end to mid-to-high-end. In the wearable market, it successfully launched a series of ultra-low power, high-performance products, which improved the overall market layout of the product;

4. The quality of various types of products of the company has been continuously improved, and there have been no major quality accidents throughout the year;

5. The proportion of the company's products in the market segments has been continuously expanding, including: shared bicycles, tracker market, navigation module, and high-end wearable market overall solutions.

2018 Work Plan:

1. On the basis of successful transformation in 2017, we will continue to improve the transformation of mobile phone customers from low-end to mid-to-high end;

2. Expand the proportion of the company's various product applications in the market segments, and do a good job in the overall solution;

3. Expand sales and strive to achieve sales of 120 million yuan, achieving the goal of breakeven;

4. Improve product supply chain, control and reduce product costs.