Product Maintenance

First think line: to retain cash for investment and then denounced 100 million yuan in LED chip business

OFweek semiconductor lighting network first line of thinking (00595) net profit growth of 58.3% last year, but the final dividend has not increased, only 4 cents. Annual dividend of 7 cents, dividend payout ratio of 31%. Su Zhian, executive director of the company, said the company is in a period of rapid growth, so to maintain the amount of dividends for other investments.

He pointed out that this year will be another 100 million yuan holdings of South Korean LED chip maker Wave Square, the current stock of $31.84%, but also the introduction of other strategic investors. As for the earlier stake in PCCW (00008) chairman Richard Lee, he knew Richard Lee still holds a stake in the company, not selling.

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