Flying Music Audio 5 years to achieve sales revenue 4 billion

Shanghai Flying Music Audio Co., Ltd. (600654) yesterday held the 2009 annual meeting of Shareholders, the conference passed the Board of Directors work report, the Board of Supervisors work report and other 11 bills. 2009 Annual Flying Music audio operating income of 1,312,648,900 yuan, the same period decreased 11.4%, to achieve net profit of 68.32 million yuan, year-on-year growth of 14.57%. Among them, the green lighting industry to achieve operating income of 1,000,612,400 yuan, an increase of 3.35% per cent, achieve net profit of 52.1201 million yuan, an increase of 8.58%. During the reporting period, the company shares 24% of Huaxin Securities, contributing investment income of 51.03 million yuan.　　This year's profit distribution scheme is not allocated or increased. For the sole director of the salary rally, the shareholder representative has proposed to the current development condition and the industry adjustment of the flying music sound, to the company next 5 years development goal clear, the focus green illumination industry, concentrates the advantageous resources, enlarges the industry investment, and gradually exits the IC card Industry development strategy to express the approval, but also indicated that, The company should pay attention to its core technology competitiveness.　　From the 09 report, the company's profit contribution seems to be more prominent on the sideline, especially the shares of Huaxin Securities, which is also the market for the concept of flying music sound equity investment. The distribution scheme of small and medium-sized shareholders, although not very satisfied, but still placed hope on the company. One of the motions of the shareholders ' meeting is to adjust the allowances for independent directors from $30,000 a year to $50,000 a year.　　In this respect, shareholder representatives expressed the hope that independent directors will be able to fulfill their duties. In the face of the development of the International enterprise giants, the company's traditional manufacturing industry must concentrate on the advantage resources, develop the main business, the diversification development may have the benefit in the short term, but in the long run it will be the first class, the international forefront of the enterprise, it must be focused on the major and strong　　Shaoli Frankly, this year, the company's revenue will be increased by 30% per annum, the adjustment of industrial structure will bring development opportunities for the company.　　For the recent market concern of Morgan Stanley from the withdrawal, will work with Huaxin Securities investment bank, Shaoli said that the current in the normal progress, and will be strictly in accordance with the provisions of the gradual advance. Faced with the pressure to expand the capital requirements of the main business, Shaoli said that it would try to solve the problem and provide funds for the development of the company in a suitable way.