Dongshan Precision Continuous Positive Holding Subsidiary Received Huawei 5G Orders

- Oct 08, 2018-

Dongshan precision announced on the morning of October 8 that aifu electronics, the holding subsidiary of the company, obtained the orders of huawei technologies co., LTD., which provided huawei with products such as 5G ceramic dielectric filter, with the total order amount of RMB 2,588,080,000.
The company said that aifu electronics and huawei entered into an order cooperation to provide huawei with products such as 5G ceramic medium filter, and the company's 5G technology reserve gradually released good performance driven.If the above orders are delivered smoothly, the total amount of this order will directly contribute to the operating revenue of 2018, which will further promote and improve the company's overall profitability and at the same time increase the company's market share in 5G market.
Dongshan precision has been enjoying good news recently. On September 25, the company announced that it received 267 million yuan of subsidies from the government of yancheng, while its net profit in the first half of 2018 was 260 million yuan, and the government subsidy it received exceeded the company's net profit in the first half of the year.
Dongshan precision started with precision manufacturing, products have covered precision metal manufacturing and precision electronic manufacturing plate.In the future, consumer electronics and automotive electronics will promote the continuous expansion of the FPC market and the continuous transfer of FPC industry to the mainland, and the company, as the world's leading and the largest FPC manufacturer in China, will continue to benefit.
[printed circuit information] according to the report of China securities net and Shanghai stock exchange