Capacity continues to expand Huacan Optoelectronics' net profit in the first half of the year

[High-tech LED reporter / Yue Mengdi] With the continuous release of the capacity of the Suzhou project, the capacity problem that plagued Huacan Optoelectronics has been greatly alleviated, and the continuous growth of demand for LED lighting terminals has also led to a batch represented by Huacan. The performance of upstream chip companies has rebounded.

On the evening of July 14, Huacan Optoelectronics (300323.SZ) disclosed the 2014 semi-annual performance forecast. It is expected that the net profit attributable to shareholders of listed companies will be approximately RMB 4,072,760 to RMB 4,150,100 in the first half of this year, compared with the same period of the previous year. It rose by about 185%-215%, compared with 14.29 million yuan in the same period last year.

Another LED chip related listed company, Silan Micro (600460) also released the 2014 semi-annual performance pre-announcement. According to the announcement, the company's financial department initially estimated that the company's net profit attributable to shareholders of listed companies in the first half of 2014 will increase by more than 60% compared with the same period of the previous year.

"The overall decline in chip prices has been reasonable this year, and the market demand is large. The profit of the chip makers should be better." Hua Can Optoelectronics Secretary Ye Aimin said in an interview with Gao Gong LED, although the market in the first half of the year Demand is strong, but the specific conditions of each company are different. The improvement in the operating conditions of a certain company does not mean that the overall profitability of the chip industry has improved.

In the industry, there are more and more companies taking diversified routes, and Huacan Optoelectronics is one of the few chip factories that insist on “professionalization”.

Huacan Optoelectronics has been widely praised in the industry for its leading research and development technology and stable product performance. With the commissioning of the third phase expansion project of the parent company and the commissioning of the first phase of the Suzhou subsidiary, the company's production capacity and sales scale have doubled in the first half of the year. Especially after the second quarter, the monthly production capacity and sales scale increased month by month, and the market is relatively stable, which provides conditions for the company's performance growth.

For Huacan Optoelectronics' strategy for the second half of the year, "expansion of production" has become a key word. "Huacan will continue to expand production." Ye Aimin told reporters very firmly. Adhering to the chip-led and continuing expansion is Huacan Optoelectronics still has to do in the second half of the year.

In the second half of the year, the third phase of the LED sub-chip of Suzhou subsidiary will continue.

Huacan Optoelectronics announced the announcement of the third phase of project expansion in April. The third phase of the project plans to utilize the existing epitaxial plant and chip plant area of ​​the plant area of ​​14,500 square meters. It plans to purchase 589 sets/sets of MOCVD, PECVD, ICP and other auxiliary equipment (including: 466 sets/sets of imported equipment and 123 sets of domestically produced equipment). set).

The total investment of the project is 1.184 billion yuan, and the construction period is one year. After the project is completed, it will have an annual production capacity of 656,000 pieces of 4-inch LED epitaxial wafers and 26.24 billion LED chips. The annual sales volume of the project is 799 million yuan and the annual profit is 160 million yuan. After the third phase of the project is completed, Huacan Suzhou will achieve an annual production capacity of 1.147 million pieces (4 inches) and a chip production capacity of 63.62 billion pieces.

"In the second half of the year, Huacan Optoelectronics will still adhere to its established market strategy." Ye Aimin told reporters.

Ye Aimin did not agree with the practice of signing large-scale purchase contracts with some chip manufacturers and packaging factories in the first half of the year. He regards this kind of cooperation as more of a corporate show. “The most important thing is to see whether the fundamental interests, production capacity and core value of the two companies match. If it is in line with the long-term strategy, Huacan will also choose this kind of cooperation mode. Otherwise, the signing of this agreement will increase the actual performance of the company. It doesn't make much sense."

We provide quick-turn injection molding by many types of materials, like ABS,  PA66, PBT, TPU, TPE, PVC, PE, NYLON 6,  PC, silicone, TPE, EPDM, PUR, etc.  Special for some plastic parts. Our advantages in internal prototyping, bridge tooling and short-run manufacturing, which can eliminate the costly and time-consuming for customers a lot.  

After customer approved 3D drawing, we can test it by 3D printer first, then move on for formal tooling once confirmed ok. And all  related materials, logo, color or finishes can be chosed as customers' requirement.

Injection Molding Parts

Injection Molding Parts,Plastic Injection Molding,Low Cost Plastic Injection Molding,Plastic Mold Injection Molding

ETOP WIREHARNESS LIMITED , https://www.etopwireharness.com

Posted on