Tongfang's revenue increased by 32.78% in the first half of the year, and earnings per share was 0.0651 yuan.

[High-tech LED News] Tongfang shares announced the semi-annual report, realizing the main business income of 8.498 billion yuan, an increase of 32.78%; net profit of 129 million yuan, an increase of -2.58%, net profit after deducting non-recurring gains and losses was 141 million yuan, The year-on-year growth was 269.52%; the basic earnings per share was 0.0651 yuan.

Tongfang said that in the first half of the year, it has increased its investment in the high-brightness LED chip industry in the emerging industries, and strived to build a full-line industrial chain from chip to lighting products and engineering implementation, and make full use of the company's waste heat recovery and building energy conservation. Comprehensive technical advantages in transformation, lighting and energy conservation, explore emerging business models such as contract energy management, and explore energy conservation and environmental protection markets.

In addition, the company will continue to implement the “technology + capital” development strategy, use the capital market platform to promote the overseas listing and asset restructuring of its subsidiaries, and several projects are currently progressing steadily.

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