Recently, Beijing Golden Orange Technology Co., Ltd. (hereinafter referred to as "Golden Orange") released its performance report for 2022. According to the announcement, in 2022, the company achieved operating revenue of 198 million yuan, down 2.5% year on year; The net profit attributable to the owners of the parent company was 40.7453 million yuan, down 22.80% year on year. In 2022, the company increased its investment in technology research and development and market development, and the increase in expenses during the period led to a decrease in net profit compared with 2021.
In 2022, due to the impact of the international situation, the domestic economy and the COVID-19 on the industry as a whole, the development speed of Golden Orange will slow down. The company continued to carry out research and development of new products and technologies, overcome the impact of various adverse factors, and made efforts to expand the market, and achieved certain results. The operating income was basically the same as that in 2021. As the company increased its investment in technology research and development and market development, the cost increased significantly during the reporting period, and the net profit achieved in the reporting period decreased compared with that in 2021.
Golden Orange is a high-tech enterprise focusing on the R&D, production and sales of beam transmission and control products. In the investment research, regarding the industry space of the laser galvanometer control system, Golden Orange said, first of all, the price and added value of the control system products vary greatly for different industries; Secondly, laser is an emerging industry as a whole. Once the market capacity and demand of the subdivided fields are available, they will develop rapidly. From the development of laser in the past 20 years, many of the new application fields are in the frontier exploration stage. The challenges and potential market capacity in the field of precision micro-nano processing are very large; Thirdly, in the existing application fields, the penetration of laser processing is also further expanded. In addition to 3C consumer electronics, the products of Golden Orange are also applied to hardware electronics, instrumentation, automotive, aerospace, semiconductor, etc. In the future, Golden Orange will also take precision micro-processing as its main development direction.
At present, the company's products are mainly used in the field of laser industrial processing, which is greatly affected by the changes in the downstream application market. First, changes in downstream applications, such as the development of new energy, photovoltaic and 3C consumer electronics industries, are related to the development of the company; Second, with the development of laser processing technology, the new application market will also expand the company's market scale.
Source: OFweek
