[High-tech LED News] Jingyuan Electronics (002049) recently announced that the company plans to invest 79 million yuan to build the first phase of the LED substrate sapphire wafer project. The company said that the development of the LED project aims to adjust the company's product structure and achieve diversified product development.
The project will be built in the company's existing plant area and is expected to be commissioned in 2012. After all production, it will have an annual production capacity of 1.2 million pieces of 2"~4" sapphire wafers. According to the current market price range of 85 yuan to 105 yuan / piece, it is estimated that the annual sales income of 120 million yuan, total profit of 21 million yuan.
Jingyuan pointed out that the company's existing quartz crystal component production process and sapphire wafer processing have the same technical principle, which will help promote the development of new projects. The company's substrate materials can supplement its products with the controlling shareholder Tongfang (600100). line.
In addition, Jingyuan Electronics also announced its first half of 2011 results. The company achieved a total operating income of 150 million yuan in the first half of the year, down 13.52% year-on-year; the net profit attributable to owners of the parent company was 21,351,700 yuan, down 5.99% year-on-year.
Jingyuan Electronics said that the investment in the LED project is not the first attempt by the company to get rid of the weak growth of the main business. In January this year, the company purchased 100% equity of Tongfang Microelectronics from non-public offering shares such as controlling shareholder Tongfang.
The industry believes that the lack of growth in the main business may be one of the reasons why the company is seeking other profit growth points. However, in recent years, domestic LED-related substrate materials are increasingly competitive, and whether crystal source electronics can achieve the expected results remains to be tested by the market.
The project will be built in the company's existing plant area and is expected to be commissioned in 2012. After all production, it will have an annual production capacity of 1.2 million pieces of 2"~4" sapphire wafers. According to the current market price range of 85 yuan to 105 yuan / piece, it is estimated that the annual sales income of 120 million yuan, total profit of 21 million yuan.
Jingyuan pointed out that the company's existing quartz crystal component production process and sapphire wafer processing have the same technical principle, which will help promote the development of new projects. The company's substrate materials can supplement its products with the controlling shareholder Tongfang (600100). line.
In addition, Jingyuan Electronics also announced its first half of 2011 results. The company achieved a total operating income of 150 million yuan in the first half of the year, down 13.52% year-on-year; the net profit attributable to owners of the parent company was 21,351,700 yuan, down 5.99% year-on-year.
Jingyuan Electronics said that the investment in the LED project is not the first attempt by the company to get rid of the weak growth of the main business. In January this year, the company purchased 100% equity of Tongfang Microelectronics from non-public offering shares such as controlling shareholder Tongfang.
The industry believes that the lack of growth in the main business may be one of the reasons why the company is seeking other profit growth points. However, in recent years, domestic LED-related substrate materials are increasingly competitive, and whether crystal source electronics can achieve the expected results remains to be tested by the market.
NMC lithium-ion battery cell is a ideal alternative for E-bicycle power source for NMC battery pack features highest power density, light weight, deep DOD, and high discharge rate. NMC pouch cells are technically safer than cylindrical cells due to its soft aluminum package and lower inner resistance.
Nmc Electric Bike Cell,A Bike Electric,Nca Battery,Lithium Titanate Battery
FORZATEC CO., LIMITED , http://www.forzatec.com