Lianhua Gourmet Powder (600186): Leading
circular economy based on cheap overseas semiconductor lighting industry, in particular the experience of industrial development in Taiwan, semiconductor lighting industry to the formation of large-scale real competitive advantage, strong capital support is essential. The the operation of listed companies as the main body of the capital, but also become the undisputed backbone of industrial development and growth.
currently engaged in the semiconductor lighting industry are not many listed companies, but there have been many enterprises are actively preparing to enter a variety of ways the capital stock of this important platform, I believe the next few years will appear the domestic market for semiconductor lighting company climax.
this, China's semiconductor lighting network related to the domestic semiconductor lighting industry to sort the listed company's annual report, hope to other domestic semiconductor lighting company in the capital have implications for the operation.
Statement: The following companies involved in information content are derived from the company 2007 annual report or corporate announcement, and publication Lichangwuguan.
one, Jiangxi joint photoelectric Technology Co., Ltd.
1, the overall operation
2007 the company set up LED photoelectric technology committee, organized the LED workshop and put forward the following measures: First, establish a unified and coordinated cooperation mechanism, sharing of resources and advantages complement each other, to maximize the LED industry chain synergies; the second is to re-layout of the Optical Science and Technology Park in Nanchang, the establishment of the mold, injection molding, LED light guide plate and other common products supporting the supply system and lay the basis for LED industry size and growth; third is to do Good generic technology research, industrial research and development to enhance the company level LED; Fourth, the organic integration of , on the basis of the cable subsidiary, completed the establishment and restructuring of the cable subsidiary, to achieve diversification of investment.
through the integration and adjustment in recent years, the company leading the cable industry and the LED industry begun to take shape operating results of faster growth in 2007 sales revenue of about 9.2 million contribution to net profit of 30.522 million yuan for the company, respectively, an increase of 23% and 19% .2007 LED industry and cable industry's total sales revenue of the company 55% of the size, contribution to the company's net profit for the company's annual net profit accounted for 42%, LED industry and cable industry's position as a leading industry companies are highlighted.
Name of invested interest up to the proportion of registered capital Main income net Jiangxi Lianchuang main profit Communications Limited (million) 2,000 96.55% 9,054.19 3,876.831,297.98 Nanchang Nanchang Yan Lei Optoelectronics Technology Co., Ltd. (million) 672 74.00% 11,034.53 1,514.62 Nanchang, Xiamen Hualian Electronics 789.24 Ltd. (million) Xiamen 36,145.49 6,813.62 1,253.73 12,200 53.00% Power Sound Co., Ltd. Xiamen Hongfa (million) Xiamen 12,00047.70% 59,307.64 17,439.035,802.22
Note: Data as of 2007 January to September 2, the company As a main problem facing
growing high-tech enterprises in the company of some products innovation capability areas, lack of competitive technologies; as the leading industry LED, production scale is small, low-end product than the major, business dispersion, the overall advantage is not obvious. the amount of company stock is still too large. while the company faced rising raw material prices, high labor costs, industry competition and other difficulties.
3, the company development plan
companies around the LED and optical line main cable further expand the same time, the relay will continue to operate well, communication and other support industries, in order to maintain its access to good investment returns. The company will firmly seize the implementation of the Semiconductor Lighting Project Industrialization Opportunities to Power High-Brightness LED and LCD backlight device packaging, special lighting, landscape lighting and other applications as a breakthrough, the formation of power-type devices, chip, semiconductor lighting and lamps and other products of industrialization, led quickly to enhance the company's competitive product force, the United photoelectric into first-class, internationally competitive enterprise photoelectric.
4, the company investment
LED major investments in 2007 include the following two: (1) High brightness, ultra-high Chip LED brightness and transformation: 19,900 million investment in the project has been completed.
(2) supporting the use of mobile communications and micro-chip LED electro-acoustic devices and technological progress and industrial upgrading: 16,000 million investment in the project, under construction.
Second, the party big Group Co., Ltd.
1, LED-related business of the company's semiconductor lighting industry
after many years of accumulation and development of technology, has occupied the commanding heights of China's semiconductor lighting industry, made a series of major technological breakthroughs and intellectual property rights, the formation of a light from a semiconductor wafer, chip, the semiconductor lighting products and engineering application development, design, manufacturing, construction and other end-market applications, complete industrial chain, and in the production constantly improve the development course of business.
2007 years, in order to further expand the scale and improve competitiveness, the company and Shenyang Hunnan New District State-owned Assets 357.1 million yuan joint investment company set up in Shenyang Shenyang party semiconductor lighting Co., Ltd. This is bigger and stronger the company's semiconductor lighting industry is of great strategic significance.
(1) Semiconductor Lighting Co., Ltd. Shenzhen Woke: LED product development, design, production and product service; LED color display wall installation, urban and road lighting installation works.
(2) powers Branch company: research, development, production, operation of semiconductor materials and devices, optoelectronic devices, optoelectronic devices, electronic display devices, video products and installation works; technical advice and services; import and export business.
(3) Shenyang side of large companies: Half of semiconductor materials and chip manufacturing, light package, semiconductor lighting product development, manufacturing, technical advisory services, sales and research and development of semiconductor lighting engineering, design, production , engineering, installation, construction and sales, semiconductor materials and lighting related products, building materials sales.
2, after many years of company development plan
accumulation and development of technology, the company has formed from the LED epitaxial wafers, chip-to-semiconductor lighting products and engineering applications such as end markets a complete industrial chain, with a number of national patents, occupied the commanding heights of the domestic semiconductor lighting .2007, to further expand the scale and improve competitiveness, the company invested in Shenyang Shenyang party semiconductor lighting Co. Company .2008, the company will step up big in Shenyang party planning and construction of semiconductor lighting Co., Ltd., the largest party in Shenyang put into play as soon as possible Semiconductor Lighting Co., Ltd. effect, the company entered the semiconductor industry, the new fast lane, the full share of the country to vigorously develop the circular economy results.
3, investment project status
2007 年 9 21, the company and the Hunnan New District in Shenyang City State Asset Management LLC signed a contract to establish a joint venture in Shenyang party semiconductor lighting Co., Ltd. (hereinafter referred to as Limited equity price of 232.1 million yuan investment, accounting for 65% of the total investment (of which 0.42% equity interest held by the company on behalf of Li Gang), a one-time investment in the company registration, Hunnan New District of Shenyang City State Asset Management LLC in cash 100 million yuan and is located in Shenyang City, Liaoning Province, Hunnan New District 127 acres of land (valued 25 million yuan) investment, representing a total investment of 35%.
date, the joint venture business registration has been completed, the ongoing construction work.
Third, Fujian Furi Electronics Co., Ltd.
1, the overall operation of
Fujian Furi Electronics Co., Ltd. in the semiconductor lighting company is a subsidiary business of the main subjects of Fujian Furi Optoelectronics Co., Ltd. laser devices.
Bureau of Fujian Furi Electronics Co., Ltd. registered capital of 5,800 million yuan, Fujian Furi Electronics Co., Ltd. accounted for 68.97% stake. Business: semiconductor materials, equipment and applications; semiconductor laser devices and their applications; electronic product research, development, production, sales and technical services; communications product distribution, lighting, electrical, electronic display boards display the installation, design and sales, self-and agent import and export of various commodities and technologies. major products are high brightness light-emitting diode and its applications. Deadline December 31, 2007, the company's total assets of 3,997.53 million and net assets of 3,300.13 million; total revenue in 2007 to achieve 1,026.66 million and net profit -618.88 million. reporting period, the company remained stable, but subject to product price increases of raw materials, resulting in operating losses incurred.
2, technical product innovation and development
2007, the company actively implement the strategy, organizations, Lamp Cup, car displays and other brand new products, its commitment to the Provincial Science and Technology br> (1) 2008, the company will continue to adhere to the
(2) Division of Fujian Furi Electronics Co., Ltd High-power LED in R & D has made great progress in new products, the product will gradually replace traditional light sources, the market prospect.
(3) Division of Fujian Furi Electronics Co., Ltd will increased marketing efforts, and create a new model of marketing; expansion through technical innovation, enhance industrial scale and competitive strength; through the introduction of new projects, extend the industrial chain, control of upstream resources and costs, improve economic efficiency, growth optoelectronics industry.
(4) In 2008, the company plans to achieve the main business income of 1.6 billion cost basis in 2007 remained relatively stable. major industrial products, the semiconductor light-emitting diode 4,500 million.
four, Hangzhou Silan Microelectronics Electronics Co., Ltd.
1, the core operation
Shilan Ming Technology Co., Ltd. Hangzhou Hangzhou Silan Microelectronics Co., Ltd., a subsidiary engaged in the semiconductor lighting business, registered capital of 20,000 million, Hangzhou Silan Microelectronics by ratio of 69.02 percent share. As December 31, 2007, the company's total assets 38,301 million yuan, sales income of LED device chip 168 million increase over 2006 278.54%.
With the new plant and equipment in use, Shilan Ming-core processing capacity MOCVD epitaxy and die rapidly increase production capacity, the end of 2007 has been put into mass production MOCVD 4 run (another 2 sets will be put into operation in April 2008), high brightness blue, green die's production capacity has increased to 200KK / month or more. With the expansion of market share, Shilan Ming further enhance the core brand.
2, the company planning the development of product line according to the company
the following seven aspects of planning, management and operation: the power regulators and power-driven product lines, digital audio and video product lines, MCU product line, mixed-signal and RF product lines, security monitoring product lines, product line, discrete devices, LED devices product lines.
LED device product line, which is the main planning:
1) continue to expand high-performance blue and green chips in the indoor market share outside the color, while red chips to the marketing ;
2) into the white light used in LCD backlight LED area;
3) speed up the new structure of high-efficiency lighting power chip development.
LED device products is expected in 2008 will continue to achieve rapid sales growth.
3, the company investment
2007, the company Shilan Ming core company of the increase in cash investment 5,000 million after the capital increase, the registered capital of more Shilan Ming-core 20,000 million, of which Shi Lanwei company invested 13,804.30 million, representing 69.02%, Shilan integration company funded 6,195.70 million, representing 30.98%.
2008, the company plans capital expenditure: Shilan Ming core LED chip production line technological transformation project is expected to invest the amount of 6,000 million, sources of funding and corporate bank loans raised 3,000 million 3,000 million.
five, with the side Co.
1, operation
in energy-efficient lighting, the company production of high brightness semiconductor light-emitting efficiency of LED lighting chips reach 73 lm / W, 1W high power chip also has mass market.
and construction noise in urban areas of optical environment, the company relies on its own chip, high-brightness semiconductor lighting (LED) technology and the development of Building sound engineering experience optoelectronics, semiconductor lighting technology combined with landscape lighting, increase investment in the photovoltaic industry chain in the highest-tech LED chip and in-depth two aspects of the landscape lighting project management, product driven projects to works to promote the product had made great progress.
Company completed the construction of five LED product line and has an annual output of high-power blue LED chip 400 million (in 14mil dollars) of production capacity, while two fifteen LED production line work is ongoing. On the technical side, the company has achieved volume 140 ~ 200 mcd luminous intensity of blue 14mil LED chips, light-emitting efficiency of more than 73lm / W, and high-power blue LED chip production 40mil, to luminous intensity of 3000mcd, packaged white LED luminous flux of 65lm / W or above the level of technology is an international leader.
the reporting period, the company is also actively implementing market development, following a series of large-scale landscape lighting project, and further promote the company LED chips in engineering.
2007 year, the company undertaking the Olympic Forest Park South Park lighting, lighting design of the Olympic Forest Park, Tianyuan development projects, the Olympic Park Center water fountain dragon, Qingdao Olympic Sailing Center lighting project, meters east of Urumqi waterscape and lighting, and new district. to undertake a series of Olympic projects show the leading companies in the optoelectronics industry's technological advantage and strong research and development. which, the company undertaking the Orson park in the 863 projects for the country. The company takes the shape of a dragon Orson water fountain park is first used to avoid optical interference between the means of communication, is the largest water fountain. for the year, the company has successfully passed the Ministry of Construction, water fountain Commission on the water fountain, landscape design, construction, a level of intelligence of the professional qualification, be the first to obtain the qualification of one of eleven companies.
2, technological innovation
2007 year, the company has applied for five items covered by the growth of epitaxial wafers, chip engineering patents, and further promote the formation of core competence.
3, capital operation
2007, the Company invested $ 1,025,000 capital increase Langfang Tongfang Technology Park Electronic Co., Ltd. Other shareholders in accordance with the capital increase in proportion to shareholding. replenishment is completed, the registered capital increased to Langfang photoelectric 1,000 million, the company is still 41% stake. At the same time the company name was changed to clear-core optical Limited.
six days of Rhythm Technology Co., Ltd. (Xiamen Safety)
days Yi Technology Co., Ltd. in 2007 decided to carry out the three security electronic placement, number of shares issued 114,945,392 shares, corresponding to the purchase of assets, net assets amounted to 497,713,547.36 dollars. To ensure the integrity of re-injection of assets, the three security electronic consent to this evaluation 500,456,626.00 yuan by the corresponding total net assets of LED epitaxial wafers and chips sold to the Company's assets, which exceed this amount of 2,743,078.64 shares issued dollar assets grant the company directly.
target company to buy assets of this include the contemporary world of advanced epitaxial growth and LED chip manufacturing equipment, mainly for the 14 sets of world-class MOCVD and the matching chip production line and testing equipment, with an annual output of 450,000 wafer chip production capacity of 15 billion.
ring under the Wuhan Public Co., Ltd. Certified Public Accountants issued by the Central Review all words (2007) 737, audit report, nearly two years, three security electronics and a pro forma operating income and profits are as follows: (Unit: RMB)
Index 2006 January to September 2007, operating income for 2005 operating profit of 225,896,642.72 203,388,562.42 140,285,877.83 61,805,509.48 41,202,248.23 10,415,605.66 72,928,267.9345,206,572.3413,474,950.45 net profit margin ( %) 45.22 39.65 38.13
Therefore, the company issued shares through the purchase of this asset will be well-run, efficiency and stability of the LED epitaxial wafers and chips business and assets.
completion of this significant asset restructuring, the company's main business will be changed forever, change the LED epitaxial wafers and chips for the development, production and sales to gain the business and assets of continuing operations. Tin Yi the future development of science and technology will be full color high brightness light-emitting diode (LED) wafer and chip R & D, production and sales focus, and vigorously develop the upstream end LED products, extend the industrial chain, the implementation of product diversification and professional development strategies.
days before and after re-aging technology changes in key financial data (unit: RMB) < br> Project 2006 annual report data 2007 forecast 2008 forecast gross operating income 462,341.43309,438,059.26393,393,605.54 -71,098,466.9699,432,836.22115,405,829.13 net profit -70,396,488.1784,091,123.3197,621,920.65
If the smooth implementation of major asset reorganization and complete , then the company will be a LED epitaxial wafers and chips to the development, production and sales of listed companies based industry. LED industry is developing rapidly, has been widely considered the most high-tech areas of development potential and broad prospects The second major asset restructuring is conducive to the company's long-term development.
seven Neo-Neon Holdings Limited (Stock)
1, the overall operation of
as December 31, 2007, the Group turnover 1.572 billion Hong Kong dollars, an increase of 24.9%. net profit increased 27.2% to a record of 331,700,000 million. Basic earnings per share for 0.439 Hong Kong dollars, compared with 0.428 in 2006, the Hong Kong dollar increased 2.6%.
2007 years of performance, pleasant, mainly due to The Group LED decorative lights, LED decorative lamps and incandescent general decorative lighting products sales continued to improve the situation. effective control of costs and operating costs, will also help enhance profits.
2, classification of product development
(1) incandescent incandescent decorative lighting decorative light
revenue from the sale of 482,800,000 to 545,900,000 HK dollar. While the LED decorative lamps to replace incandescent decorative lighting continue to be in the market. We expect incandescent decorative lighting over the next few years will be slow growth.
(2) LED decorative lights
LED decorative lights the sale proceeds from the dollar in 2006 surged to 497,000,000 in 2007 683,600,000 Hong Kong dollars, an increase of 37.5%. li was soft neon patent income in 2006-2007 an increase of 38.6%. Recently, we have introduced a new generation of Li was flexible neon lights, light, similar to traditional glass neon light effect, but several times higher. We believe that the Group is still a LED decorative lighting industry leader.
( 3) LED decorative lights
general in 2007, our general decorative LED lighting market. This is the history of the Group's first foray into the market. 33,500,000 sales revenue for the dollar, compared with our expectations ideal.
( 4) The stage lighting and stage lighting
sales revenue in 2006 from 232,200,000 to 262,400,000 HK dollar, an increase of 13.0%. stage lighting business growth is lower than our expectations.
2, product innovation
The Group's R & D capabilities of the Group maintain its position as the world's manufacturers of lighting one of the owners to a very important status. R & D work is focused on product design, new product development and enhancement of production efficiency, to reduce the overall manufacturing costs. in 2007 year, we launched several new products and invested heavily in the application of LED lighting technology and product development. We believe that the huge market potential, LED lights, and LED lights the future will replace the traditional lighting products, such as incandescent and fluorescent lamps and other market status.
3, the company development plan
(1) LED decorative lights
2007 generally was our first foray into the market and achieved good results. Because of our level of technology in the lighting industry's cutting-edge, so we can in the market for a price offer top quality products. Accordingly, we expect this segment's business growth in 2008 will reach at least three times in 2007.
(2) LED decorative lights < br> the next few years, LED lamps to replace incandescent lamps in general the rate will accelerate. Therefore, we are confident that the medium and long term, the market will continue to grow rapidly.
(3) LED stage lighting
Since we can produce and halogen bulbs with the brightness of HID bulbs rather, the new super-bright light bulb technology can easily be used in stage lighting industry. These revolutionary light bulb will make the stage lighting industry has undergone radical change. < br> As good sales prospects and the market demand increases, we plan to rapidly expand our production capacity led bulbs to meet the market demand. We also make production in 2007, making the chip market, which will help us to reduce the external supplier over-dependence. We estimate that the chip will reduce our self-produced LED chip manufacturing costs by at least 25%.
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