7 recent events count Sanan Optoelectronics

With the continuous promotion of LED lighting applications, but also led to the rapid growth of the upstream LED industry, LED chip is one area, Sanan Optoelectronics (600703, shares) as the domestic LED chip leader, has been the focus of attention of the industry, the capital operation is a mystery. Recently, Sanan optoelectronics has a lot of news.

1, the rich list

October 15th, Hurun Research Institute released 2015 Hurun rich list. In the ranking of the Hurun Report, three group Lin Xiucheng, Lin Zhiqiang son to 34 billion yuan of assets in Fujian's richest man, their wealth increased by 127% over the previous year, ranking 43 in the country, ranking 35.

2, take subsidies

An optoelectronic September 30th announcement that a wholly owned subsidiary of Fujian Jingan photoelectric Co., the company received 30 Anxi County Finance Bureau of science and technology "three financial subsidies totaling 170 million yuan, to promote the development of Anxi County LED photovoltaic industry chain.

3, massive borrowing

On October 15th news, Sanan optoelectronics for consideration by the subsidiary of Xiamen Sanan integrated circuit Co. Ltd. to shareholders of Fujian Sanan Group Limited loan bill. An optoelectronic announcement said the company three integrated subsidiary, the company holds 65% stake in an integrated. An integrated to the shareholders of Fujian Sanan Group Limited borrowing 140 million yuan, the annual interest rate is 1.20%, the money paid in installments, during the ten years. The National Development Fund Limited Sanan Group invested 140 million yuan capital ratio of 0.62%, the annual payment of National Development Fund Sanan Group Limited 1.2% of the investment income.

4, continuous expansion

Sanan optoelectronics 32 new MOVCD gradually put into operation, will promote the second half of the year income by quarter growth, conservative calculation of annual revenue growth is expected to reach 2 billion. The remaining 68 MOCVD will be put into operation in 2016, hoping to promote the performance of the 16 year growth of 40%. The latest announcement 126 million acquisition of air chemical products (AP) (Wuhu) and the 100% stake in the air chemical (Shanghai) ISO containers, to further strengthen the upstream raw material capacity.

5, semiconductor

Sanan optoelectronics will be gallium arsenide and gallium nitride semiconductor III-V as the core to build the integrated circuit industry, the proposed additional plans an annual output of 300 thousand GaAs and an annual output of 60 thousand inch GaN6 production line. At present, three 5000 / month GaAs has started trial production, is expected next year in production, GaN production line equipment is also gradually put in place.

6, integrated circuit

An optoelectronic subsidiary of Xiamen Sanan integrated circuit Co. Ltd. borrowings to shareholders of Fujian Sanan Group Limited 140 million yuan, the national development fund limited support for business development and integration of Sanan Sanan group consensus, therefore, the National Development Fund Limited company invested 140 million yuan capital Sanan group accounted for 0.62%. The funds for investment in three IC project construction, to supplement Sanan integrated funds needed, saving financial costs, have a positive impact on the current and future financial conditions and operating results.

7, optical communication

Optical communication and photoelectric chip is an optoelectronic a potential point of growth, is expected to begin with hundreds of millions of revenue in 2016. Shanghai Sanan optoelectronics and Aerospace Electronics (600879, shares) communications equipment research institute cooperation, is committed to the development and promotion of indoor and outdoor LED lighting intelligent communication (LiFi) products, car networking systems, intelligent monitoring products such as photoelectric integrated circuit applications in optical communication field has taken a solid step.

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