The performance goal is difficult to achieve the remote photoelectric release performance revision announcement

On March 13, Yuanfang Optoelectronics released the first quarter performance forecast amendment announcement, and revised the 2013 first quarter performance forecast announced on February 7.

The estimated performance of this remote photoelectric correction is 7.73 million yuan to 13.53 million yuan, a decrease of 30%-60% over the same period of the previous year. The company's explanation of the reasons for the revision was affected by the macroeconomic situation and the development of the industry. The rate of industrial recovery did not reach the original expected target, and the lack of estimation of the effect of the 2013 Spring Festival holiday caused the company's first quarter 2013 results to be further reduced than expected.

Yuanfang Optoelectronics entered the GEM market on March 29 last year, and successfully raised over 453 million yuan with a price-to-earnings ratio of 51.72 times. Soon after, Yuanfang Optoelectronics launched 10 shares for every 10 shares, and sent a high transfer plan of 3 yuan. It was called the middle newspaper and sent it to the first stock, earning enough eyeballs and attracting speculation. However, these have not been able to conceal the embarrassing situation of the decline in performance caused by the overall sluggish LED industry in which Far Optoelectronics is located.

According to the annual report of Yuanfang Optoelectronics, the total annual operating income of the company in 2012 was 182 million yuan, down 11.45% from the 206 million yuan in 2011. Among the business objectives disclosed, the company expressed its expectation to achieve operating income of 239 million yuan in 2013, an increase of more than 30% compared with 2012. But from the current quarter, it seems that it is somewhat difficult to achieve this goal.