Four heavily overweight LED chip project total investment of more than ten billion

Daily economic news reporter noted that this year, a number of companies throw overweight LED chip program, a total investment of over ten billion yuan for the expansion of production capacity.

Changelight yesterday (September 4th) issued a non-public offering plan, to include the shareholder Wang Weiyong, not more than 5 specific object issue about not more than 60 million 744 thousand and 100 shares, raising not more than 800 million yuan of funds to invest all of the blue-green LED epitaxial silicon industrial construction project.

Announcements, the fund-raising to invest in the blue-green LED epitaxial silicon industrial construction projects a total investment of 1 billion 343 million yuan, the first project of production sales revenue of 1 billion 214 million yuan, operating period, net profit of 123 million yuan, net profit rate of 11.60%, after tax internal rate of return is 13.73%, investment recovery period is 7.35 years.

Reporters noted that in July this year, the company and Xiamen torch hi tech Industrial Development Zone Management Committee (hereinafter referred to as the Xiamen torch CMC) signed the "investment agreement", intends to invest in the construction of the blue-green LED epitaxial wafers, chips and lighting industry projects. According to the total investment of 5 billion yuan, two phases of investment.

For the company's move, investors are also quite recognized. Yesterday, after the resumption of the resumption of light, the stock price to open the limit price, although the intraday volatility, but still close to the closing price. According to the Shenzhen Stock Exchange after data show that hot money has become the driving force behind the Milky Way, Ningbo cypress Road Securities Business Department to buy 16 million 504 thousand yuan to buy 1 seats, ranked.

It is worth noting that the expansion of the field in the LED chip is not only only a company. Since April, Sanan optoelectronics, HC semitek, Australia Shunchang have increased, the total planned investment will exceed 10 billion yuan.

An optoelectronic April 4th announcement that the company has signed the "investment agreement" with the Xiamen torch zone, a total investment of 10 billion yuan. The company intends to invest in the construction of LED blue, green epitaxial wafer, chip production line, the first phase of the project construction period of 1 years, the first phase of investment of $5 billion.

China Optoelectronics in April 18th announced that the company's subsidiary, (Suzhou) company intends to invest in the expansion of LED epitaxial wafer chip three projects, the total investment of the project. Compared with the one or two phase, after the completion of the completion of the expansion of the three phase, the company's production capacity will be greatly improved, China (Suzhou) company can achieve epitaxial film annual production capacity of 1 million 147 thousand (equivalent to 4 inches), chip production capacity of 63 billion 620 million.

Australia Shunchang by raising the issue of convertible bonds to invest in LED chip. The company announced on August, to raise no more than 510 million yuan, to invest in LED epitaxial wafer and chip industrialization project (phase two). After the project is completed, will form an annual output of blue-green LED epitaxial wafer 2 million 640 thousand (with a 2 inch epitaxial wafer conversion) production capacity.

From the above situation is not difficult to find, many companies are struggling to prepare for LED upstream, memories before 2010 ~ 2012, double stimulation in the market low threshold and subsidies, money poured into the LED industry, resulting in a substantial expansion of overcapacity. Will this happen?

A researcher said that LED is really into the expansion peak to see that this is an optoelectronic manufacturers benchmark, if they aren't especially big news, just don't worry too much about. In addition, even if there are a lot of companies launched LED project, the project is still a long time from the production.

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