What did Mu Linsen, dry and Ruifeng say?

At the end of February, the performance of the listed company in 2017 was opened. As of April 23rd, more than ten A shares of LED listed companies have successfully held the 2017 annual performance meeting. The executives of various companies interact with investors on the business and future development of the company.

Although most of the answers at the summit are official languages, some of the company's "insider information" can be captured by some information to be answered. This article summarizes the important content of the performance description of each big enterprise for the readers.

Shunchang

The Shunchang 2017 performance statement will be held successfully in the afternoon of February 28th. On the company's capacity, general manager Chen Kai, the current LED chip production capacity is about 1 million pieces, the production of all the epitaxial slices of 4 inches, the current plan for 2018 LED chip capacity to reach 1 million 400 thousand tablets.

As for the development of the industrialization project of substrate cutting and polishing and sapphire graphics, Lin Wenhua, director of Finance and director of the company, disclosed that the project is now in the stage of building construction and equipment selection, and is expected to be partially put into production in the 4 quarter of this year.

In addition, the sponsor representative Zhou Litao, in response to the Micro LED layout, said that the company is actively storing technology in Micro LED, and some products can be produced in Mini LED.

Photoelectricity

In March 5th, shying photoelectricity held the 2017 online performance exposition and the open issue of Switching Company bond investor explanation. On the market supply and demand in 2018, the company secretary Liu Wenhui pointed out that the price rise in 2017 was mainly due to the shortage of upstream supply. With the further release of the upstream capacity in 2017, the market supply and demand in 2018 would reach the short-term production demand balance.

In addition, general manager Cai Haifang also introduced the company's long-term development strategy, in the industry boom, oligarchy is forming the big environment, the company identified the "scale following + technical characteristics" of the unique development strategy. Among them, the blue and green light chip will follow the scale and expand the production to enlarge the scale, while the red and yellow chip will make the technical features and improve the quality. On the basis of scale promotion, the technical threshold of attention and continuous layout is high, and the future application scene is more rich in LED related fields.

Ma Lin Sen

In March 9th, on the 2017 annual performance online presentation, Sun Qinghuan, chairman of the chairman, said that LED lighting was still less than 10% in the global stock market, so LED lighting still has a stable high growth space in the next 5 to 10 years. And the filament lamps are the largest LED lighting in recent years because the European Union has banned halogen lamps and the United States will eliminate halogen lamps in 2020. The price of LED chips will be slightly down this year as in previous years, but it will also drive the use of smaller spaced displays as chip prices fall.

In addition, Sun Qinghuan also said that Mr. Sun Qinghuan will increase the service of the finished product, to promote the popularity of filament lamps and LED lamps, to open up the overseas market. In addition, after the acquisition of LEDVANCE, it will be able to leap into the top three of the world by leveraging the international famous brands such as OSRAM and Hexi million years and covering more than 140 countries in the world. Lighting group.

National starlight

The annual results of the 2017 annual performance of Guo Xing photoelectricity will be successfully held in March 28th. Dong Miliu Ai Canzi believes that with the further infiltration of the application field and the transfer of international industries to the domestic industry, the company is optimistic that the LED industry will maintain a stable trend of development. The company will continue the technological research and development innovation, product lean manufacturing, maintain its own competitive advantage in the industry competition, continue to consolidate the leading position, and have the confidence to achieve sustained and stable growth of performance.

In addition, he also pointed out that in 2018, the company will further develop the domestic and international markets and strengthen the brand building. On the one hand, we should strengthen the management and close connection of the overseas subsidiaries, realize the timely feedback of overseas market information, and provide a strong basis for the formulation of the company's sales plan while improving the service efficiency. On the other hand, grasp the policy opportunity to develop the international market and improve the tradition around the area and other areas. The replacement of the market, such as lighting, increases the speed of the market, and expands the contribution of the overseas market performance to the overall performance.

In the afternoon of April 20th, the state star optoelectronic also held an investor exchange. At the meeting, the deputy general manager of the company said that the future will increase research and development in Mini/Micro LED, purple LED chip, VCSEL chip, CSP chip level package and so on. In promoting Mini LED and Micro LED chips, the company has developed a 100-200um Mini LED chip, and the vertical structure Micro LED 50um chip is in research and development. In addition, the company's RGB business division, Ouyang Xiaobo, said the company will launch the first Mini LED display product in June.

Riad

In April 9th, yader held a 2017 annual performance online presentation. The president and general manager Li Jun said that the landscape lighting of some developed cities in Europe and America is more mature, and China has become the world's largest market for landscape lighting.

He said that with the accelerated process of urbanization, the development of urban lighting in China is rapid, but still in the growth period. It is believed that the demand for the landscape lighting market will increase rapidly in the next few years, whether it is the first tier city or the two or three line city. Li Jun stressed that, in particular, the state in the PPP model, involving urban public lighting, tourism scenic landscape transformation and intelligent city construction, and other aspects of the policy efforts are still increasing.

In addition, Li Nannan, the company secretary, in response to Mini LED related issues, said that the Mini LED technology is different from the traditional small spacing surface technology. It uses solder paste and other conductive materials to weld and fix the LED to the PCB substrate, without welding line, to achieve higher stability and reliability. At the same time, it has moisture proof, wear resistance, antistatic, clean and efficient. With the characteristics of heat dissipation and low cost, and using the Mini LED chip with a size of about 100 m as a unit pixel, smaller spacing and more sample can be realized to LED display products. Mini LED is a good choice for the core technical direction of LED display, "smaller spacing, better visual experience".

Polyoptic photoelectricity

In the 2017 annual performance online presentation held in April 12th, the company's chief financial officer, Lu Ye said, since the three quarter of 2017, the industry downturn, the market callback, the company's product price decline is obvious. The company is expected to reduce production costs by scale driven by the fine management and the gradual production of Suqian projects. But it does not exclude that the industry boom continues to decline, the expansion of production progress is not expected and the prices of raw and auxiliary materials are further rising, leading to the risk of further decline in the gross interest rate of the company.

On the future development prospect of LED industry, the chairman and general manager Pan Huarong of the company believes that although the LED epitaxial chip industry is in a rapid growth period, it is still affected by macroeconomic fluctuations and Industry Supply and demand balance. The industry growth process may cause the industry growth speed adjustment due to the deterioration of the internal and external operating environment, and the price of LED chip. And then there is a big drop.

In addition, Wang Yanli, deputy general manager of the company, said that the first phase of the construction of the Suqian project is expected to be completed in December 2018. Since the Suqian project needs to be gradually invested, the benefits of the project will take a certain period of time, and the benefits may not be achieved in the short term.

Joint-stock

Gu Wei, chairman of the company, said at the 2017 annual performance meeting held in April 13th that Mega semiconductor manufacturing plant has started in the fourth quarter of 2017, LED epitaxy and chip projects are expected to be lit in the 2018 fourth quarter, the 2019 first quarter releases capacity, the 2019 second quarter reaches half the output, and the 2019 and third quarter reach output. And reserve the technology in the fields of Micro LED, UV-C, laser lighting and so on.

As for the impact of trade war on the export business of the company, Yan Zhirong, the deputy general manager and deputy director of financial affairs, said that the company's export earnings in the United States accounted for less than 2% of the total revenue, and the company's exports to the United States were not involved in 232 measures and 301 investigations, so the impact of the Sino US trade dispute on the company was very slight. .

Ruifeng photoelectricity

In April 16th, Ruifeng optoelectronic held a 2017 annual performance online presentation. Company finance director Zhuang Ji Li revealed in this event that the new product in the first quarter of 2018 has been launched according to the plan, and has obtained the market recognition, the product market development situation is good. He also said that in 2018, the company will expand overseas sales channels, actively explore Iran, India, Russia and other markets, and is expected to achieve better business than in 2017.

On the layout of Mini&Micro LED, Zhuang Jili said that the company is also actively laying out Mini LED and Micro LED projects, and we are very optimistic about the future and development of Mini LED and Micro LED.

In addition, Gong Weibin, chairman and general manager of the company, added that the company's Mini product is a breakthrough with mobile phone applications, developed in cooperation with well-known domestic terminal enterprises, and breaks through the high difficulty and design limit of the big pitch micro distance, so that the Mini technology can still meet the application of mobile products under the conditions of the increase of the Mini technology in the hundreds of times. . At present, the company Mini product development series applications, in PAD, pen, TV and other display applications to do parallel spreading, and maintain the docking with the well-known domestic terminal enterprises. At present, the company has applied for 38 patents related to Mini LED, of which 11 patents were invented. The company Micro LED development focus on this product technology core quantity transfer mode, and cooperation with international well-known institutions, made breakthrough progress. At present, the process sample test has been carried out. It is expected to complete the process development in the year.

Abison

In April 17th, Abison's 2017 performance statement will be held successfully. With regard to the development prospects of the operation of the hotel screen, Ding Yanhui, the chairman, said that the business has entered a virtuous operation stage and has a great potential for development in the future, especially the expansion of service content in this scene.

Zhang Wenlei said that COB technology is an important direction for the development of the LED display now, and we have already applied it on the product; Micro LED is more for small screens. COB technology will make small space products wider in application. In addition, he also said that Sino US trade frictions do not have a direct impact on the company's operation, and the first quarter of the US market is still available.

Work hard

The company held the online performance meeting in 2017 in April 19th. Chen Yonghong, chairman of the company, said that the company's semiconductor lighting industry is increasingly competitive and the revenue of the company's semiconductor business is declining. In order to better improve the efficiency of the company, the company will increase the development of the education business. With the formal landing of the private education promotion law and a series of subsequent supporting rules, the international schools, with private education as the main body, have also welcomed a new opportunity for development, and the company is confident in the development of the education industry.

In addition, Chen Yonghong also said that the company's wholly-owned subsidiary, Longwen education, is the K12 education and guidance institution, and the company holding subsidiary, Shenzhen, is an international education institution, and the Future Ltd plans to further strengthen the layout of the education industry, combine education with extracurricular counselling, and give full play to Longwen's education. The advantages of the teaching point.

Otto electron

The 2017 year industry of Kong Dejian, the director of Otto electronics, held in April 20th