Xiamen XinDa 2007 net profit grew 16.29%, vigorously develop the LED industry

April 14, 2008, Xiamen XinDa released in 2007 annual report, in 2007 net profit of 45 million 123 thousand and 800 yuan, an increase of 16.29%.

2007, XinDa's steady development of the business, operating income of 6 billion 152 million 960 thousand yuan, an increase of more than in 2006, operating profit of $77 million 990 thousand, compared with an increase of 14.33% in 2006, an increase of $11.50%.

The electronic information industry, the year 2007, company to conduct a comprehensive adjustment of electronic information industry in electronic components, the subsidiary of Xiamen electronic XinDa main asset sale to Xiamen EPCOS Co. Ltd., and strengthen cooperation with apple Kos (China) depth cooperation investment limited, Xiamen EPCOS limited capital holdings. The 40% of the shares, the use of EPCOS brand and technology advantages in the development of electronic components business.

The company will focus on the development of electronic information industry to the field of optoelectronics, invested 150 million yuan acquisition of the continent's largest ultra high brightness light-emitting diode (LED) epitaxy and chip industry base Xiamen 3-an electronic 10% stake; invested 140 million yuan and Xiamen langxing photoelectric Co Ltd co invested XinDa in Xiamen Photoelectric Technology Co. Ltd., accounting for 70% shares, establish super high brightness LED encapsulation, application development and industrialization base.

XinDa main industry information industry has formed a super high brightness LED packaging, application research and development, production and development of electronic tags and production and electronic components as the main pillar of the industrial structure.

Source: LEDinside