Xinhaiyi's LED business is mainly chip manufacturing and packaging. At present, it has placed orders to import 6 MOCVD equipment from Germany, which is expected to reach production by the end of the year. The company's cost of purchasing equipment is basically the same as government subsidies (1 set of 10 million yuan). Due to the relative delay of the LED business production plan in 2012, it is expected to contribute to the performance from 2013.
With the support of national policies, the LED industry will have a good opportunity to develop, and the new Haiyi LED project is expected to become a new performance growth point in the future. In 2012, the company will benefit from the accelerated construction of domestic FTTH, and the optical supporting income will maintain steady growth. The software outsourcing business will continue to enter the project with new personnel in 2011, and the expansion of non-Huawei business will continue to achieve rapid growth, and the gross profit margin will further rise.
With the support of national policies, the LED industry will have a good opportunity to develop, and the new Haiyi LED project is expected to become a new performance growth point in the future. In 2012, the company will benefit from the accelerated construction of domestic FTTH, and the optical supporting income will maintain steady growth. The software outsourcing business will continue to enter the project with new personnel in 2011, and the expansion of non-Huawei business will continue to achieve rapid growth, and the gross profit margin will further rise.
Guangzhou Lufeng Electronic Technology Co. , Ltd. , https://www.lufengelectronics.com