[Global Technology Reporter Wang Huan] “Japan Economic News†reported on June 21 that on June 20, Sharp held the first shareholder meeting after being incorporated into Taiwan's Hon Hai Precision Industry. Under the structural reform promoted by Mr. Dai Zhengwu, the president of Hon Hai, Sharp's regular profit and loss in fiscal year 2016 (as of March 2017) turned losses into profit after three years. Dai Zhengwu also asked Sharp to apply for a copy of the Eastern Securities Department's 1st Part (Main Board) from the Dongzheng 2 Department: "I hope to apply on June 29 or 30." Sharp seems to get rid of the business crisis in a short period of time and shows a smooth recovery. Is Sharp's "resurrection" true? Data map The general meeting of shareholders held in the headquarters of Handan City Sharp held a warm atmosphere. About 800 shareholders participated in the meeting, but only 6 were involved in the issue. The General Assembly also passed the personnel appointment plan. Five of the nine directors were from Hon Hai, and the meeting ended in more than one hour. A shareholder said: "Not long ago was still a case of going bankrupt, but in the past year it has become a very good company." Sharp's fiscal year 2015 (as of March 2016) made a final loss of 255.9 billion yen. Afterwards, the performance recovered rapidly. On the stock price side, the closing price on June 20 reached 420 yen, which was nearly 5 times higher than last year when Hon Hai invested. When Hon Hai contributed Sharp to Sharp, the President’s Dai Zhengwu undertook a thorough cost reduction. The original amount of 100 million yuan was needed to reduce the amount of money needed by the president to 3 million yuan, cutting down unnecessary and no hassle. The unprofitable business with other companies is also rapidly adjusted against the background of the purchasing power of Hon Hai, the world's largest electronic equipment foundry company. Including photovoltaic power generation, which caused poor performance, all operations in FY16 achieved operating profit. Dai Zhengwu said: "In the beginning, it was planned to use 2 to 4 years to turn a profit, but it took only 3 months to make a profit." During this period, Japan's Toshiba’s operational difficulties also made Sharp’s recovery more apparent. Sharp's final profit and loss for fiscal year 2017 (as of March 2018) is also planned to achieve a profit of 59 billion yen. If it does, it will turn a profit after 4 years. Regarding Sharp's continued non-dividends since fiscal year 2012 (as of March 2013), Dai Zhengwu also emphasized that "We will work hard to achieve a dividend next year." Sharp's mid-term management plan released in May proposed that fiscal year 2019 (as of March 2020) bring consolidated sales to 3.25 trillion yen, an increase of more than 1 trillion yen from the previous fiscal year. The operating profit is also expected to reach 150 billion yen, returning to a level close to the highest level in the past. Dai Zhengwu said that he would “responsible for the figures in the mid-term business plan†and showed that even after the Sharp’s return to the 1st part of the Dongzheng, even the improper president will continue to be responsible for Sharp’s business as the president. However, Hirohiko Nakatada, an emeritus professor who once worked at Sharp and is now the Ritsumeikan Asian Pacific University, pointed out: "Although cost cutting has achieved results, Sharp and Hon Hai have not yet reached the level of creating New Products." In the medium-term business plan, "Internet of Things (IoT)" related products and high-definition 8K video systems are the growth core. The development of these fields depends on the future. The organic EL screen that catches up with Korean companies is also Sharp's topic. Sharp has continuously created innovative products such as mobile phones with cameras, and Hon Hai has the ability to produce large quantities of cutting-edge products. Can the two companies merge ingeniously? After the short-term reform, it is a growth strategy, but the path to whether it can be achieved is still not clear. Portable energy storage power Stastion SHENZHEN CHONDEKUAI TECHNOLOGY CO.LTD , https://www.szfourinone.com