Alto Electronics (002587) recently responded to investor questions on the Panoramic Network Investor Interaction Platform. The company's LED application business encompasses both the LED display sector and intelligent landscape lighting projects. According to the company, its gross profit margin has been affected primarily by Qianbaihui, which is a key factor in the current financial performance.
The timeline for completing smart landscape lighting projects varies depending on the specific conditions of each project. However, the company reported that its order growth remains strong. Since January 1, 2018, Alto Electronics has announced winning bids totaling 398 million yuan, which is expected to drive continued rapid growth in future performance and provide a solid foundation for long-term development.
The company provided this response to address concerns raised by investors regarding the recent decline in gross margin. Alto Electronics focuses on the research and development, design, manufacturing, sales, and related professional services of LED display systems and electronic receipt systems.
In addition to its core businesses, the company continues to explore new opportunities in the expanding LED market. With increasing demand for energy-efficient and smart lighting solutions, Alto Electronics is well-positioned to capitalize on industry trends and maintain its competitive edge.
As the company moves forward, it aims to enhance operational efficiency and optimize cost structures to support sustainable growth. Investors are closely watching the company’s progress as it expands its market presence and strengthens its position in the technology sector.
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