On September 3, the BRICS event took place in Xiamen, with several key venues such as the Xiamen International Convention and Exhibition Center and the International Conference Center playing a central role. These facilities were designed and illuminated by Qianbaihui, a lighting engineering company wholly owned by Alto Electronics (stock code: 002587). The company contributed significantly to the night-time lighting of major projects, including the Bengbu District Project, ensuring a visually stunning environment for the BRICS summit.
Qianbaihui was responsible for the nighttime illumination of the International Convention and Exhibition Center and the International Conference Center. They developed two distinct lighting modes: during the BRICS event, the lighting was set to a golden hue, symbolizing prosperity and prestige. After the event, the design transitioned to a more subdued 3000K color temperature, which is commonly used for general illumination. The specific color temperature was carefully selected based on the building's façade materials, ensuring an aesthetically pleasing and harmonious overall effect through extensive testing and planning.
In 2016, Alto Electronics acquired 100% of Qianbaihui for RMB 300 million, making it a wholly-owned subsidiary. This strategic move allowed the company to expand its capabilities in the lighting industry, offering integrated solutions that span from design and construction to product development and sales.
Qianbaihui is a leading player in China’s lighting engineering sector, known for its expertise in landscape lighting projects, urban and road lighting, and professional lighting design. It holds top-tier qualifications in both city and road lighting construction and lighting design, making it one of the most respected names in the field.
Alto Electronics itself has a strong track record in global events, having provided LED display systems for major international competitions such as the 2014 Brazil World Cup, the 2015 FIBA-Asia Championship, the 2015 China Football Association Cup final, and the 2016 European Championship. These high-profile projects have helped establish the company as a globally recognized brand, known for its professionalism and quality.
With Qianbaihui now under its umbrella, Alto Electronics has further strengthened its ability to deliver large-scale lighting solutions, as seen in its contribution to the BRICS meeting in Xiamen. This not only showcases the company’s technical expertise but also highlights its commitment to excellence in service and product quality.
Looking at the company’s performance, the 2017 semi-annual report showed impressive growth. During the reporting period, operating income reached 445 million yuan, up 148.53% year-on-year. Operating profit rose to 58.88 million yuan, an increase of 94.39%, while net profit attributable to shareholders reached 61.08 million yuan, up 123.39%. The growth was primarily driven by the consolidation of Qianbaihui and increased revenue across the company.
Alto Electronics continues to focus on delivering top-quality products and services, aiming to serve clients around the world with innovation and reliability.
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