Crystal shares fell below the net? Dong said there is no reason"

Crystal electricity chairman Li Bingjie optimistic about the second quarter of the LED industry boom, crystal electricity in May single growth. He also pointed out that the share price fell below the net value of electricity, there is no reason, the current global penetration of LED lighting was only 10%, there is a lot of room for growth in the future.

Outside came the crystal electric loss in the first quarter, Li Bingjie stressed that the first quarter of the industry is still profitable, if coupled with the industry, at least 500 million yuan account income, so the first quarter performance will be better than expected. Crystal electric will hold a board meeting next week.

The recent LED groups was the legal person stabbed, Li Bingjie analysis, in the past LED industry boom since April rebounded significantly, and in March there will be a gap, but this year deferred LED TV backlight needs a month, didn't look bad at this year's LED boom.

Li Bingjie said that in April March the single crystal growth of 10% in May, due to backlight LED TV back to temperature, growth will be stronger. PC, semiconductor related industry is relatively conservative in the second quarter, but the LED industry will be a beacon of the second quarter of the technology industry.

Nearly two consecutive years of foreign investment in ultra crystal electricity over more than $120 thousand, crystal shares fell below the net worth of $53.19 per share, Li Bingjie said: This is no reason. He said, a company will fall below the net value, on behalf of the future will not make money, but this year, the performance of crystal electricity better than last year, and other foreign investors to see the operating performance of the crystal will be back.

Li Bingjie said, there are two times the share price fell below the net value of electricity, once the 2002 Internet bubble, and the other is the financial turmoil in 2008. At present, the stock market high, Taiwan million shares to challenge, crystal electric physical and global competitiveness are better than before, the net below is significantly oversold.

For the LED industry boom, Li Bingjie said that this year the overall demand is still growing, but because of price decline, the growth momentum will appear moderate.

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