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Guoxing Optoelectronics said that in 2013, the company's overall orders were sufficient. At the end of September, the company adjusted its internal organizational structure to optimize product structure and control costs. In the fourth quarter, Foshan Guoxing Semiconductor Technology Co., Ltd., a subsidiary of the company, received financial discounts. A total of 10.2373 million yuan was included in the current profit and loss; in 2013, the long-term equity investment in the shareholding company Xurui Optoelectronics did not need to continue to accrue.
For the performance revision, Guoxing Optoelectronics stated that there are three reasons:
First, the development speed of the LED industry in 2013 was higher than originally expected. In particular, the demand for LED application products was strong. The international subsidy policy for new light sources became clearer and the company's overall orders were sufficient. At the end of September 2013, the company adjusted its internal organization structure and adjusted the original linear function system to a business division system based on product classification, and established the RGB device division, white optical device division, component division, lighting division, and electronics manufacturing. The five business divisions of the business division make the company's research and development, production, quality control, etc. more targeted. While optimizing the product structure, the company focused on strengthening the control of cost and expenses, and maintained a good profitability;
Second, in the fourth quarter of 2013, Foshan Guoxing Semiconductor Technology Co., Ltd., a subsidiary of the company, received a total of 10.24 million yuan of financial interest subsidies, which was included in its current profit and loss and was announced. In the third quarterly report of 2013, the company disclosed that it was not expected to receive the financial interest subsidy received during the full year of 2013 performance;
Third, the company disclosed in its 2013 third quarter report the expected results for the full year of 2013, taking into account the possibility of depreciating the long-term equity investment of the participating company Xurui Optoelectronics Co., Ltd. about 23 million yuan. As the company's plan to increase capital of 50 million yuan to control Xu Rui Optoelectronics was terminated due to opposition from one shareholder, the current plan may be adjusted, and all shareholders are actively discussing and pushing forward. According to the assessment of the assets and liabilities of Xurui Optoelectronics as of December 31, 2013, the company and the auditing organization believe that the long-term equity investment in the shareholding company Xurui Optoelectronics Co., Ltd. in 2013 does not need to continue to make provision for impairment. . 
Guoxing Optoelectronics revised the 2013 performance forecast to increase net profit by 150-200%
Guoxing Optoelectronics (002449) issued an announcement on the revision of the performance forecast on the evening of January 16. After the amendment, the company expects the 2013 annual profit to be 98.332 million yuan to 118 million yuan, a year-on-year increase of 150%-200%. Previously, in the third quarterly report, the company expects 2013 annual profit of 62.932 million yuan - 78.665 million yuan, an increase of 60% -100%.