It is reported that Alto Electronics signed the "Outdoor LED Full Color Screen and Advertising Release System Customization Contract" with China Xinhua TV on November 12, 2012. Since the original contract expired, the company and China Xinhua TV and its China on November 11, 2013 The wholly-owned subsidiary Qianhai Xinhua TV signed a supplementary agreement.
Back in 2012, China Xinhua TV promised to purchase 200 outdoor LED full-color screens from Alto. Each display area is based on the size determined by the site design and installation. The unit price is 15000 yuan/m2. At that time, the company estimated the total amount of the contract to be 1.6 to 220 million yuan, accounting for 69.51%-95.58% of the total operating income in 2011.
As of now, Alto Electronics only received the first batch of orders from the counterparty is expected to be 12.25 million yuan, including the outdoor LED display price of 11.5 million yuan and a set of advertising system network control platform software price of 1 million yuan, the company in 2012 On December 28, the prepayment of the first batch of orders was 3.675 million yuan. The commissioning installation of the advertising system network control platform software has been completed and passed the acceptance check. The manufacture and installation of the LED display body is progressing. One of the LED display panels has been installed, passed the acceptance and put into use, and the remaining LED display panels are installed after receiving the installation notice from the other party.
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