Guoxing Optoelectronics earned 80 million net profit in the first half of the year

[Text|High-tech LED reporter Zhao Hui] In August, the China Daily disclosed that it had entered an intensive period. Yesterday evening, the LED industry rarely covered the mid-stream and downstream industrial chain listed company Guoxing Optoelectronics (002449.SZ) released the first half of 2015 report. Benefiting from the advantages of the entire industry chain, Guoxing Optoelectronics earned more than 80 million yuan in the first half of 2015.

According to the semi-annual report data, from January to June 2015, Guoxing Optoelectronics' operating income reached 906 million yuan, a year-on-year increase of 24.65%; the net profit attributable to shareholders of listed companies was 83.565 million yuan, an increase of 29.66% over the same period of the previous year. The net profit after deducting government subsidies and other non-recurring gains and losses also reached 74.443 million yuan.

Guoxing Optoelectronics' LED business income breakdown in the first half of 2015

The semi-annual report shows that the first phase of the National Star Semiconductor Epitaxial Chip Project of Guoxing Optoelectronics Co., Ltd. has gradually improved the production capacity and product stability, and the overall production and operation situation has also improved significantly. It has achieved profitability during the reporting period. At the same time, in order to further improve the technical level of LED upstream, adjust and optimize the product structure, continuously strengthen the market competitiveness in the upstream of LED, and improve the profitability of upstream business, Guoxing Optoelectronics acquired Zhejiang Yaweilang through the transfer of equity and capital increase. Technology Co., Ltd. has further expanded its scale in the field of epitaxial chips.

“The company's holding subsidiary, Guoxing Semiconductor, has been in production since the second half of 2013. Up to now, the 20 MOCVD equipments in its first phase have been fully commissioned, and 18 units have been put into production. The remaining two units are used for R&D. At present, it can reach 80,000 tablets.” Liu Di, the official director of Guoxing Optoelectronics, said that in addition to sales to Guoxing Optoelectronics, some of the chip products are also sold to cultivate their own customers.

In the packaging field with the highest revenue ratio, Guoxing Optoelectronics developed the EMC3030 backlight device in the first half of the year to meet the requirements of high-end TV products. At the same time, it has developed new series of LED devices such as near-ultraviolet, infrared and automotive, and new products in 1010 and 0808 chip size packages, expanding LED's innovative products and high value-added applications. And in the country to take the lead in the use of thin film ceramic substrate CSP package, developed a filament based on ceramic and sapphire two substrates.

In order to maintain its leading position in the domestic display LED packaging, Guoxing Optoelectronics has also developed a small-sized indoor high-density 0808, outdoor high-density 1921 device and high-end display Reestar series 3535, 2727 devices, achieving a true outdoor P4 small spacing High-density display, while providing competitive products for high-end outdoor/outdoor rental.

In the downstream lighting application, in the first half of 2015, we held dealer exchange conferences in Henan, Beijing and Hubei, and actively expanded lighting distribution channels and engineering channels. In May 2015, the company's Tmall online store “National Star Optoelectronics Flagship” The store was officially launched and successfully took the first step in the company's e-commerce channel development.

“Downstream terminal lighting mainly develops the market by means of its own brand and self-built channels, and actively promotes and sells LED lighting products.” Liu Di said that the competitive advantage of Guoxing Optoelectronics is mainly reflected in the long-term LED production experience and technology. Process accumulation and continuous research and development capabilities, while the upper, middle and lower reaches of the entire industry chain and scale advantages, but also to provide more cost-effective products and services.

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