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Among them, the contract amount of Xin Najing signed is not less than 25 million yuan, "Suzhou Oriental Gate Project Lighting Supply Contract", the contract amount of Xinhaiyi Image is 4,803,400 yuan (tentative) "Suzhou Oriental Gate Intelligent Engineering" contract of purchase".
According to the announcement, Ganning Real Estate has a registered capital of 600 million yuan. The “Oriental Gate†project developed and constructed is located on the west block of the central business district of Suzhou Industrial Park and west of Xinggang Street. The main building area of ​​“Oriental Gate†is about 460,000 square meters, with a total height of 301.8 meters, including 76 floors above ground and 5 floors underground. It is regarded as the core landmark of Suzhou Industrial Park. The targets of the above two contracts are the project lighting and intelligent engineering of the East Gate.
The company said that the two contracts signed by Xin Najing and Xinhaiyi Images and Ganning Real Estate, the total amount amounted to RMB 29.8034 million, and the corresponding contract amount accounted for 640.41% of Xin Najing's 2012 annual operating income, Xinhaiyi Image 2012 98.10% of the annual operating income. The performance of this contract will have a positive impact on the continued growth of the aforementioned two subsidiaries and Xinhaiyi's 2014 results.
The company also said that the signing of this contract will promote the company's sustainable development in the LED industry and video surveillance intelligent business, and accelerate the two businesses to become a stable profit growth point of the company.
Previously, Xinhaiyi expected the net profit for the year to fall within 50%, between 55.08 million yuan and 110.17 million yuan.
Xinhaiyi two subsidiaries signed 29.8 million LED and video intelligent big orders
On the afternoon of February 17, Xinhaiyi announced that the company's holding subsidiary Suzhou Xinnajing Optoelectronics Co., Ltd. and its wholly-owned subsidiary Suzhou Xinhaiyi Image Technology Co., Ltd. signed a contract with Suzhou Ganning Real Estate Co., Ltd. on February 14, 2014. The total amount of LED lamps and video surveillance intelligent contracts totaling 2,980,304 yuan.