Crystal Optoelectronics (002273) released its 2014 annual report on the evening of March 24, the company achieved operating income of 977 million yuan last year, an increase of 56.01%; net profit attributable to shareholders of listed companies was 153 million yuan, an increase of 33.73%.
According to the annual report, Crystal Optoelectronics' main business is precision optical film components, sapphire products and reflective materials, accounting for 98.10% of operating income. Benefiting from the rapid development of the domestic smart phone industry in 2014, the company's component products business grew rapidly; the LED industry continued to grow steadily, the demand for sapphire substrate products was strong; the application of reflective materials market continued to promote and product upgrades, for the company's reflective materials business The rapid development provides good market opportunities.
In May 2014, Crystal Optoelectronics completed the acquisition of Night Vision, adding a reflective material business segment to form a diversified business structure. In January 2015, the China Securities Regulatory Commission approved the fixed plan of Crystal Optoelectronics. The company plans to raise 1.22 billion yuan to consolidate the company's leading position in traditional optics, carry out the sapphire industry chain layout, and reserve funds for the company's development in the next three years.
The company said it will distribute a cash dividend of 1.5 yuan to every 10 shares of all shareholders.
According to the annual report, Crystal Optoelectronics' main business is precision optical film components, sapphire products and reflective materials, accounting for 98.10% of operating income. Benefiting from the rapid development of the domestic smart phone industry in 2014, the company's component products business grew rapidly; the LED industry continued to grow steadily, the demand for sapphire substrate products was strong; the application of reflective materials market continued to promote and product upgrades, for the company's reflective materials business The rapid development provides good market opportunities.
In May 2014, Crystal Optoelectronics completed the acquisition of Night Vision, adding a reflective material business segment to form a diversified business structure. In January 2015, the China Securities Regulatory Commission approved the fixed plan of Crystal Optoelectronics. The company plans to raise 1.22 billion yuan to consolidate the company's leading position in traditional optics, carry out the sapphire industry chain layout, and reserve funds for the company's development in the next three years.
The company said it will distribute a cash dividend of 1.5 yuan to every 10 shares of all shareholders.
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