Liard released the first quarterly report of 2018. During the reporting period, the company realized operating income of 1.819 billion yuan, a year-on-year increase of 61.30%. The net profit attributable to shareholders of listed companies was 304 million yuan, a year-on-year increase of 76.55%, maintaining rapid growth. The net cash flow from operating activities was 90.101 million yuan, a year-on-year increase of 165.31%.
The performance maintained a high growth rate, and the four major sectors went hand in hand. During the reporting period, the company's business continued to maintain rapid growth. As of the disclosure date of the report, in 2018, the company's new orders for winning and winning bids were 3.2 billion yuan, a year-on-year increase of 50%. The company's four main businesses maintained a relatively high growth rate. The smart display, night travel economy, new business mode and VR experience revenue growth rate were 39.53%, 97.78%, 119.23% and 50.91% respectively. The four major sectors have maintained a relatively high growth rate, once again verifying the forward-looking nature of the company's layout, the new trend of each business card position industry, and fully enjoying the dividends brought by the industry growth.
The advantages of small-pitch LEDs are outstanding, and new technology + channel sales bring new development space. The company's intelligent display and small-pitch LED business continues to maintain its leading position in the industry with outstanding advantages. The company gradually increased channel construction and used channel sales to open new markets. As of the disclosure date of the report, the company has signed a new 690 million yuan for small-pitch TV, of which 200 million yuan has been signed for domestic channel sales, and more than 70 “Thousand-store Plans†have been implemented. It is planned to implement 300 during the year. At the same time, the company launched new technology products, the company released Supersafe products and COB-type Mini LED products at the 2018 annual performance briefing, which was highly praised by the industry, media and customers. Supersafe products are expected to be launched in the second quarter in mass production. The Mini LED will be mass-produced and put on the market when the time is right. We believe that the company's channel construction and new technology breakthroughs are expected to open up new market space and add new development momentum to the company's intelligent display business.
The night travel economy is booming and new orders are on the rise. The night travel economy continued to maintain a high economy. According to the company's announcement, about 10-20 cities in the country have invested in lighting, and it is expected that the city will last for more than five years. During the reporting period, the company's related business new orders continued, including new projects such as the renovation of the night scene of Chifeng New District and the renovation of urban and rural lighting in Gejiu City. At present, the company has formed the largest cluster of lighting enterprises in China, with outstanding industry advantages, leading technology and market, and related businesses are expected to maintain high growth.
Acquisition of European companies to expand European market share. According to the announcement, the company signed an asset purchase agreement to acquire Eyevis's 100% equity interest in all tangible and intangible assets including equipment, inventory and patents and its wholly-owned subsidiary Teracue. Eyevis's large-screen solutions are widely used in European corporate and government control centers, with services such as transportation, energy, defense and security, and communications. We believe that the company is expected to further open up the European market through this acquisition, and the global layout will be upgraded, adding new impetus to the company's future development.
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