Jing electric improves the shareholding ratio of Mini and LED cooperation

The LED plant is actively preparing for Mini LED, and Taiwan Technology Co., Ltd., in order to expand the production of Mini LED related products, Taiwan's Department of technology, to handle 11 thousand private placement stocks, and to participate in the subscription of crystal electric power, and to raise the stock to 43.77%. We already have the three seats of the board of directors.

Crystalline electric Mini LED products are shipped in the second half of this year. The proportion of revenue depends on the progress of the customers. Crystalline power indicates that the Mini LED products are divided into two types: Blu ray and RGB. With the existing MOCVD machine plus a few new equipment, the interoperability ratio of the equipment is very high.

Crystal power originally held nearly 30% stake in the technology of VTech. The technology of LED was mainly powered by high-power LED packages and module products. In the past, the company purchased LED chips for a long time. The main purpose of this process is to expand production of Mini LED packages and module products. The cooperation of Mini LED products tends to be close.

This technology has handled 11 thousand private placements, the price per share is 11.25 yuan (NT $, the same below), and the capital will be raised from 476 million yuan to 586 million yuan.

Jing electric today (29) will participate in the display of smart displays (Touch Taiwan 2018), which is affected by poor demand in the first half of the year. The traditional peak season effect of the LED industry is not significant at the end of the second quarter. However, crystal electricity indicates that four yuan LED and Blu ray LED have relatively obvious peak season effect since August, August will be better than July, and September is also organic. It will be better than August. In the third quarter, under the traditional peak season, operation is expected to grow month by month, while the price of Blu ray LED is temporarily stable.

Crystalline electricity revenue in July amounted to 1 billion 814 million yuan, down 0.09% compared with June, and decreased by 19.4% in the year. The total revenue in July this year reached 12 billion 260 million yuan, an annual decrease of 16.2%.

LED industry is still in the adjustment period, resulting in relatively weak stock price performance, while the net value of crystalline electricity per share is still 48 yuan, but yesterday (28) closing price of only 33.8 yuan, the stock price is relatively low.

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