Aoyang Shunchang continues to enrich its operating structure and its casting value continues to grow. The company has officially stepped into the core of electric vehicles. The new ternary lithium battery and LED second-phase production capacity are close to the pace. Together with the support of the main metal logistics business, the financial business has made steady contributions. The company's performance in 2017 will be outbreaked, revenue will double, and in 2018, the continued release of capacity will continue to be strong. After the completion of high-tech business such as IGBT, it will form a strong support for performance. Auto parts + battery + electronic control strategy will promote the gradual outbreak of performance. The company actually re-created a clear set of auto parts + batteries + electronic control development roadmap around the automotive industry. The three businesses will enter the resonant orbit and the performance contribution will gradually reach the peak. First of all, the auto parts distribution business has strong profitability. The outbreak of the ternary lithium battery business will increase from 300,000/day to 1.3 million/day in 2017-2018, and IGBT and other businesses will begin to contribute in 2019. The development of new energy vehicles, energy storage, charging piles and other industries will provide strong support for the implementation of this roadmap. And with the improvement of the threshold of power lithium industry policy and the coming of the giant trend in the future, we judge that the company still has the possibility to continue to expand the lithium battery business. The production capacity of LED chips has been expanded to four times, which is in line with the industry's recovery and giants, and forms a resonance effect with lithium batteries. The company's second phase of LED production release period in 2017-2018, just in time for the second half of 2016 industry recovery. At the same time, the concentration of the LED industry continues to increase, and the giantization pattern is coming. From the perspective of the lighting industry, the penetration rate of LED lighting will continue to increase, which will also effectively drive the growth of upstream chip demand.

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