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On August 28, Sinoflight disclosed its 2021 half-year report. In the first half of the year, Sinoflight achieved operating revenue of RMB 351 million, up 162.61% year-on-year; net profit attributable to the mother company of RMB 15,985,100, up 237.84% year-on-year.
During the reporting period, Sinoflight furthered its dual business model of aluminum alloy materials, infrared optics and laser devices to achieve steady development. Taking advantage of its own products and technology research and development, CDFI explored the market potential and actively explored the aluminum alloy market in emerging fields, developing aluminum alloy materials for hydrogen cylinders for the new energy automobile industry, automotive transmission and steering components and other aluminum alloy materials for automobiles, etc. In April 2021, CDFI's infrared optics and laser devices industrialized production base, Anhui Guangzhi Technology Co. Ltd. was officially put into operation in April 2021, marking that the company has formed a large-scale and bulk product manufacturing capability in the field of infrared optics and laser devices, and the related business has started on the right track.
Information shows that the main products of the infrared optical and laser devices industrialization project include infrared optical materials, infrared optical lenses, infrared detectors, laser lenses, laser devices, radiation detection materials, etc., mainly used in the security and consumer electronics services, belong to the device and strategic emerging industries, with a broad growth space. In the future, the company will layout and complete the infrared laser products to realize the scale production of the whole industrial chain.
The company's infrared optics and laser device industrialization project will realize the localization of precision infrared optics and laser devices. In the short term, infrared optics and laser devices are high-tech products with high added value, which can promote the company's performance growth; in the long term, the production of the project is conducive to the extension of the company to the downstream industry chain, realizing the scale production capacity of the whole industry chain from materials to devices to sub-system modules. In addition, with the completion and operation of the infrared project, the industrialization process will be accelerated, production costs will be reduced and the scope of product applications will continue to expand, the net profit of Sinoflight is expected to further thicken, and the market competitiveness and sustainable business capacity will be further strengthened, which also indicates that Sinoflight will accelerate its development in the infrared optics and laser device track.
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