TX Irving gives Silan "neutral" rating

Hangzhou Teng Teng Technology Co., Ltd. was identified as the first batch of high-tech enterprises in Zhejiang province in 2008, that the validity period of three years, in accordance with the provisions of the corporate income tax will be levied at the rate of 15%.

In this regard, TX investment consulting analyst pointed out today, Silan company mainly engaged in the production and sales of integrated circuit, semiconductor discrete devices and LED, R & D, manufacturing is the domestic IC design enterprises, the level of development of integrated circuits technology is in the leading position in the domestic industry. At the same time, the company or the home provides discrete product categories most, the most complete, best quality parameters with suppliers, products have been gradually accepted by the customer, discrete devices is expected to become a new profit growth point. In addition, the company is a subsidiary of Silan azure domestic LED industry leading enterprises, the production of high brightness blue and green LED highly competitive products, gross margin as high as 43.9%, is the company's main profit point. Give the company a "neutral" investment rating.

Source: card network