Crystal power shipped this year, rushed 500 billion

LED industry continues to sink, but also to the outside world is highly curious about the upcoming shareholders of the regular crystal, how to look at the future development. In this regard, crystal power in this year's report to shareholders, for the first time the LED plant lighting, LED (UV) and other industrial applications, but not just the traditional Blu ray LED applications. Chairman Li Bingjie estimated the size of the company's shipments this year, the size of the challenge 504 billion 300 million, and look forward to the loss of profit in the shortest possible time.

EPISTAR will be held in June 17th shareholders meeting, Li Bingjie pointed out in the report to the shareholders, although the global economic situation has not improved, intra industry competition is fierce, but because the world attention to the environmental protection and energy saving issues, and gradually improve the luminous efficiency, more and more new applications in succession, LED market still has potential development opportunities.

Li Bingjie named new applications, including LED plant lighting applications have been gradually emphasized, LED (UV) in the industry, the application of nails, LED in the lighting, automotive penetration will continue to improve.

Li Bingjie also estimates that the crystal electric shipments this year will reach 504 billion 300 million, the future demand for intelligent terminal applications towards high performance and trend, must continue to invest resources, Houzhi strength, and strengthen the patent layout, currently EPISTAR LED patent certificate has reached 1794, and the interaction with Toyota Gosei, Philips authorization CREE and other plant, EPISTAR is expected to speed up the development of new products and the key technology of speed, is expected to turn a profit target in a short period of time.

The crystal electric last year canyuan included 100% investment company, is currently in the top ten list of shareholders, three ranked third, the shareholding ratio of 3.03%, as Citi Holdings, Mitsui trust ranked the fourth largest shareholder, the shareholding ratio of 1.88%.

Crystal electric this year's shareholders will be electing of board, except through the annual accounts list, will also put forward 165 million shares limit that financing plan, the shareholders' meeting passed, hoping to introduce crystal electric strategic alliance object, strengthen the upstream and downstream layout of the company.

Is the world's largest crystal electric ultra high brightness red LED manufacturers, the world's top three Blu ray LED's MOCVD machine factory, about 500 units, currently maintain full red, blue LED utilization rate is about 80%, through the reduction and elimination of low-cost means of orders, monthly gross margin has been positive.

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