The spring breeze of the 19th National Congress of the Communist Party of China has brought more hope for the good life of the whole nation, and it is about to start the new days of 2018. On this wonderful time to ring out the old year and ring in the New Year, and to continue with the past and open up the future, on behalf of the group, I would like to express my deepest gratitude to all the Unilumin people who have fought in all parts of the world! And my special gratitude also goes to our clients, partners, shareholders and all the leaders and friends of all sectors of society who care about and support the growth of Unilumin! Wish everyone family happiness, good health and harmony and all the best in the New Year!
In 2017 that is about to pass, China's economy has made steady progress, and the LED industry is also continuously optimized in the industrial restructuring. As the leader of the global LED application industry, with the concerted efforts of all Unilumin staff and the strong support of friends from all circles，we have gradually promoted and implemented the "Industry + Internet + Finance" leapfrog development strategy formulated in 2016, and have done further work in the LED application industry.
The glory is present with the dream, and in 2017 Unilumin Display was shining at the world's stage. There are glories of Unilumin people from the display screen at the solemn military parade on the 20th anniversary of Hong Kong's return to China, to the visualized platform at Belt and Road Forum for International Cooperation, and the screen at the celebration of the 70th anniversary of the founding of Inner Mongolia Autonomous Region, and the ten high-definition studio screens at the 19th National Congress of the Communist Party of China, as well as the World Transportation Conference in 2017, the IT Leaders’ Summit in 2017, the FINA World Championship in 2017, the World Heritage Convention in 2017 and other great events and grand meetings in China.
We are fast moving towards 5G era, and more than 200 cities around the world are building smart cities, more than 500 cities in China have proposed to build smart cities. In the smart cities with everything interconnected, it shall be first to realize every lighting interconnected. Because the construction of smart city system is too complex, the smart street lamp is the best point for the city's natural lamp network. In 2017, our fourth-generation smart street lamp has been successfully piloted in Shenzhen, Foshan, Ningxia, Jiuquan, Xinjiang, Qinzhou and other cities. It can be predicted that there will be an opportunity period for rapid development of LED smart street lamp of Unilumin in the future, providing strong impetus for China's smart city construction.
The curtain has opened and situation is getting better. In the financial aspect, we are grateful for the opportunity of rapid development of LED industry that the era gave us, and also gave a great opportunity to Unilumin to accelerate the industrial layout integration and merger&acquisition. In 2017, our company has made continuous mergers&acquisitions, completed the overall layout of LED professional lighting and landscape culture travel market, and accelerated integration, upgrading and synergistic development of the industry. The joining of the Tsinghua Conley City Lighting Research and Design Institute means the formal establishment of the landscape city lighting plate of Unilumin. Conley will work with the company's existing smart street lamps and smart display business to enhance the company's comprehensive competitiveness in municipal projects. Hangzhou Panasign is committed to creating a leading brand of culture creativity lighting, which is of great significance to the layout of Unilumin in culture creativity lighting. Joywayled positions itself to be the leading brand of urban landscape display, and further deepens our layout in the segmentation field of LED display industry. The two parties will collaborate in the market, supply chain and management. Positioning to be the leading brand of professional lighting, VF lighting is the important initiative of Unilumin to open the professional lighting market, and is our opening pioneer for the ecological integration of high value part of lighting application industry chain. The report of the 19th National Congress of the Communist Party of China noted that “the culture’s flourish is accompanied by the nation’s prosperity”. In the future, ROE’s stage display, Joywayled’s landscape display, Panasign’s culture creativity lighting, VF’s professional lighting, Conley’s city design institute and Guangdong Unilumin’s smart lighting of Unilumin system will make Unilumin’s landscape culture travel plate to be a service provider of lighting culture.
In the industrial Internet, our exploration has achieved initial success. The subsidiary company Wanpinghui has become the "Didi Express" of the display industry. A large number of city project contractors have begun to rely on Wanpinghui to receive orders, and some of them have completed 5,000 square meters of projects through Wanpinghui in half a year. In 2018, Wanpinghui will seize the online traffic entrance of domestic LED display industry. It plans to provide 20,000 to 30,000 engineers in the whole industry with more than 100,000 project orders in the way of sending orders and scrambling for orders, and to achieve "interconnection of every screen" using the power of project contractors and service providers of the industry.
High quality products and services are fundamental to win customer trust and respect. At the end of 2017, our 30,000 square meters of Phase II of Daya Bay has begun constructed already, to actually implement our customer service strategy, solve the problem of delivery strain, so as to fully meet the needs for high quality products in the global LED display market. After establishment of the Phase II of Daya Bay, the "iron triangle" structure will be formed, which is based on Fuyong headquarters and supported by the two production bases -- Pingshan and Daya Bay. Unilumin will be the world's largest smart manufacturing center for LED panels.
In the next five years, peace, stability and the improving economic development will continue to be the global trend. We need to do our internal work well, build craftsman spirit and seize this important strategic opportunity. In terms of personnel training, Unilumin takes the growth of employees as the foundation of enterprise development. The company promotes the spirit of excellent employees and craftsman spirit, and continues to promote the construction of enterprise culture, actively practices "Seven Star Values", and with " Altruism And Mindfulness, Innovation And Progressivism " as the core, create an enterprise fashion of “struggle is glorious ”and a professional dedication of keep improving.
Be optimistic and set sail. In the next 30 years, the real economy is the direction that deserves real effort and development. As mentioned in the19th National Congress of the Communist Party of China, “To build a modern economic system, we must put the point of strength of development economy on the real economy, take improving the quality of supply system as the main direction, and significantly enhance the economic quality advantage of our country.” In the face of global competition, we need to become a Chinese brand enterprise with more reaction sensitivity to market, more flexibility for mechanism, more innovativeness and higher output efficiency, and become important support for the national real economic strategy.
In the new coming year, we will continue to make efforts together, keep our brain ticking over, break the routines and dare to innovate. We will make our high quality products and our high quality service available all over the world. We will realize the goal of Unilumin as well as everyone's good life. I would like to extend my best wishes again to all of you and wish everyone good luck for years!