East Bay 07 year total revenue growth of 40%, continue to be optimistic about the needs of small size LED backlight source for 08 years

LED packaging manufacturers donper since end November revenue of 316 million yuan, hit a record high, the annual growth of 49%, the 5 consecutive month revenue than last year growth of nearly 50%, the company estimates that by the end of December although the inventory of factors, revenue should be maintained historical high-grade; accumulated before November revenue 2 billion 892 million yuan, annual growth 38%, the estimated 07 annual total revenue growth will reach 40% years.

The outlook for the 08 annual operating conditions, the East Bay said in 5, due to the small size of all applications in the new year was almost have full import LED backlight, so optimistic about the 08 year back light penetration of small and medium size LED is expected to continue from six this year to 70%, continued to jump to more than 80%, while the East Bay in 08 years backlight application oriented visible product revenue, is expected in Yangzhou new factory production capacity of blessing, not only the backlight products revenue of more than 50% years to maintain growth momentum, and will have the opportunity to make the whole visible product revenue is equivalent to the total revenue of more than 3 billion 200 million yuan this year, the scale of operation.

Legal person is estimated, the East Bay in the year 08 backlight products revenue increase rate will exceed 50% of the situation, coupled with the OBU product revenue contribution is expected to expand to 500 million yuan, is expected to the East Bay 08 years total revenue is expected to more than 4 billion 500 million yuan, to maintain the level of the annual growth of 40%.

The East Bay financial department director Weng Congzhi pointed out that in the current capacity utilization continued to approximate the full load condition, the new Yangzhou factory production capacity is expected to start from next year before the Lunar New Year and put into production, the initial monthly production capacity of about 20KK, the plant is expected in the middle of 08 per month will be 50KK efforts for the goal, to 08 years before the end of June total back light capacity it is expected from the current 90KK have doubled to 180KK, but the actual expansion progress remains to be seen and feed upstream supply schedule and equipment.

In addition, the East Bay also said that the day before the resolution of stock repurchases, to purchase their own stock 3 thousand, the price range set at 25 yuan to 35 yuan, is expected to be transferred to the employees of the company, share repurchases mainly consider the recent LED shares have been corrected to a reasonable interval, and the overall LED industry outlook next year is still at the same time as optimistic, with the implementation of next year employee bonus, estimated allocated to employee stock bonus will be gradually reduced, then the implementation of the transfer of treasury shares to employees, to award outstanding talent retention activities.