Chuanyin’s net profit last year was nearly 18 billion in research and development, with a share of only 3.18%

Chuanyin’s net profit last year was nearly 18 billion in research and development, with a share of only 3.18%
On April 27, the domestic mobile phone manufacturer Chuanyin Holdings, which focuses on emerging markets such as Africa and South Asia, announced its 2019 results.The annual report shows that Chuanyin Holdings achieved revenue of 253 last year.46 trillion US dollars, an annual increase of 11.92%; the net profit attributable to the owner of the parent company.9.3 billion, an annual increase of 172.8%; after excluding non-recurring gains and losses, the net profit is 15.5.3 billion, an annual increase of 26.84%.The title of Chuanyin Holdings. The main reason for the net profit surpassing the increase last year was that the company continued to maintain profitability in the African market. At the same time, the Indian market reduced the impact of tariffs by optimizing product structure and increasing the proportion of local procurement and manufacturing.In addition, Chuanyin Holdings purchased foreign exchange forward contract products in 2018 to form 7.79 trillion US dollars, the factors affecting the net profit in 2018, so expect non-recurring gains and losses, Chuanyin’s net profit growth rate and revenue growth rate are more in line.Chuanyin said that the company plans to distribute a cash dividend of RMB 6 for every 10 shares to all shareholders.8 yuan (including tax), this profit distribution will not convert capital reserve into share capital, and will not send bonus shares.The vast majority of Chuanyin’s revenue comes from mobile phone sales. Last year, mobile phone sales accounted for 93%.21%, revenue increased by 10 in ten years.25% to 236.2.6 billion; and other revenues such as advertising and Internet services amounted to 97.6.3 billion, an annual increase of 31.39%.In the mobile phone business, Chuanyin said that the company produced a total of 1 last year.400 million mobile phones with a budget of 1.3.7 billion, this figure is even higher than Xiaomi (1.25 billion units).According to IDC statistics, Transsion Holdings had a global market share of 8 last year.1%, ranking fourth; of which the African market share is 52.5%, ranking first; Indian market share 6.8%, ranking fifth; Bangladesh’s market share 15.6%, ranking second.Transsion Holdings, known as the “King of Africa”, also had revenues in the African market last year. The company’s revenue in the African region reached 190.05 trillion, an increase of 10 in ten years.88%; Asia and other regions have revenues of 55.$ 9.7 billion, an annual increase of 11.twenty three%.However, most of the sales of Transsion Holdings in emerging markets such as Africa are non-smart phones, and the market share of smart phones has decreased.According to IDC data, Transac Holdings’ share of the global smartphone market increased by 3 last year.1%, ranking seventh.In addition, the research and development investment of Chuanyin Holdings last year was only 8.0.5 billion yuan, accounting for 3% of the company’s revenue.18%, lower than Xiaomi, Huawei and other mobile phone manufacturers.Judging from the disclosure of the research project, Chuanyin Holdings is currently studying folding screen mobile phones (investment scale of 30 million), lifting cameras (investment scale of 18 million), 5G mobile phone radio frequency technology (investment scale of 42 million), etc.In the annual report, Chuanyin Holdings stated that it is the company’s long-term strategy to deepen the African market. At the same time, it will increase its efforts to accelerate the development of new African businesses, especially mobile internet business, and actively expand the peripheral products of smart terminals including home appliances and accessories.Sauna, Ye Wang Lu Yifu editor Zhao Ze proofreading Jia Ning