Dry according to headquarters was first open to investors, the disclosure of Micro/Mini LED new development trend

Recently, a number of LED listed companies announced the 2017 annual results, the overall profitability of recovery, the red and yellow light leading enterprises changelight outstanding revenue of nearly 1 billion 100 million yuan, net profit reached 211 million yuan, an increase of 335%, to attract a lot of investors.

The 3.15 international consumer rights day, Xiamen dry according to group headquarters for the first time to the public investors, attracting more than 40 analysts and investors to visit and exchange of a line under the line will be broadcast live.

The meeting site

Investors who first visited the office building and production workshop, and then conducted in-depth discussions. Changelight chairman Jin Zhangyu and general manager Cai Haifang, deputy general manager Dong Mijian Liu Wenhui, deputy general manager Liu Zhao, chief financial officer Peng Xinghua, according to the future research institute President Ke Zhijie, marketing director of Dongming fire management staff attended the meeting, and to share the overall dry according to current operation situation and future development strategy to investors, and answer the scene and the online investor questions.

The webcast

At the meeting, chairman Kim Zhangyu shared changelight 2017 review video. Then, general manager Cai Haifang introduced changelight 2017 operating results to the participants.

The general manager Mr. Cai Haifang share

"2017 dry according to the company's chip business is growing rapidly, the performance of explosive growth." Cai Haifang said, according to the 2017 annual report, in 2017 the company owned by the parent net profit reached 210 million, an increase of 335%; among them, the main chip and wafer revenues of $1 billion 95 million, an increase of 33.35%, the proportion of total revenue 96.88%, increase 25.45 percentage points.

The marketing director Mr. Dongming fire scene to share

He pointed out that international companies to reduce capacity, domestic manufacturers have expanded production, making the domestic chip global share rising; micro MOCVD devices begin delivery of domestic chip manufacturers, start the progress of localization of key equipment. The future, chip manufacturers should pay more attention to operational efficiency, product performance improvement and efficiency optimization control to resist possible prices.

In the dry according to management staff also conducted the "blue green business growth: gross profit from -5% to 33.77%", "new technology and new direction: MINI and MICRO-LED development" theme to share.

Investors face the issues raised by changelight executives from the company's past, present and future aspects in detail. Which refers to several key:

In 2017 1, dry according to blue-green epitaxial slice of the profit margin of 33.77%, gross profit reached 42.27% red and yellow light.

730 million plans to invest and flip chip production line in 2017 2, Yangzhou has started dry according to the.

3, dry as at the base of Nanchang's future capacity expansion to 1 million 600 thousand / month, the first phase of 800 thousand pieces per month.

4, has set up a year of dry according to future display Research Institute, mainly on the research of MiniLED display screen and MiniLED backlight, MicroLED display, has done a sample layout.

5, Mini predicts that there will be television or mobile phone backlight at the end of this year, but the specific volume may be in the next year. But dry as more optimistic about the application of large size and car on the market.

6, the next MiniLED and MicroLED penetration of GaN production capacity by 2 times, which needs 20 million / month.

The exchange, chairman of gold Zhangyu dry according to make a summary and outlook to share. He pointed out that in the context of large-scale production, LED chip competition will eventually implement the operational efficiency in the competition.

Kim also said Zhangyu, dry according to will continue its efforts in the direction of upgrading the LED industry, the company will continue betting strategic resources in MiniLED and MicroLED, expect to be able to display in the future to obtain industry leading position in the trend; VCSEL strongly optimistic about future opportunities, the company independently developed the VCSEL chip has been successfully lasing performance standards. The industrialization progress made a big step forward.

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