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The long-awaited start, NVC Lighting's 2014 annual report finally arrived on May 15. According to the announcement, NVC Group's revenue in 2014 was 3.471 billion yuan, down 8.0 year-on-year; gross profit was 742 million yuan, down 7.0 points year-on-year; pre-tax loss was 315 million yuan, down 188.8 year-on-year; the loss attributable to owners of the parent company was 354 million yuan. Drop 244.6. For the reason for the decline in revenue, NVC Lighting stated that due to the suspension of production and sales of some subsidiaries, the sales volume of each product line in the second half of the year was recorded. LED lighting products have accelerated the process of replacing traditional lighting products. In 2014, NVC Lighting achieved sales of RMB 1.228 billion, accounting for a total revenue increase from 19.6 in 2013 to 35.4, a year-on-year increase of 65.8. The main performance growth point. In 2014, NVC Group maintained 36 exclusive regional distributors, and exclusive regional distributors had 3,705 specialty stores (the provincial capital coverage rate was 100; the prefecture-level city coverage rate was 96.5; the county-level city or county-level city coverage rate was 67.5. The township urban coverage rate was 2.7), an increase of 406 compared with 2013, mainly in county-level and township cities. In addition, exclusive regional distributors have developed a number of wall showcases and hardware outlets.