Lighting market ahead of take-off several large grain factory actively expanding production

Upstream of the LED grain crystal power plant (2448), canyuan (3061), the new century (3383), Guangjia (8199) benefit from the backlight and lighting demand driven, monthly sales are showing synchronous growth trend of the lighting market to take off early and becomes optimistic about business opportunities, but also full of grain in LED plant capacity gradually on the situation, in 2012 to increase the positive to restart the expansion plan, including EPISTAR, canyuan and the new century there are plans to increase 2012.

LED grain plant in April revenues showed a consistent cijan, EPISTAR April revenue of 1 billion 510 million yuan (NT, the same below), the monthly increase of 5%, canyuan April revenue of 390 million yuan, the monthly increase of 1%, new century April revenue of 310 million yuan, the monthly growth of 14%, Guangjia also continued to improve grain brightness and technology driven orders under in April, revenues of 195 million yuan, the monthly growth of 15%.

In addition to the demand of TV backlight back to temperature is driven by the LED plant in the second quarter revenue performance of the engine, take off the LED lighting market has also become the LED industry this year from last year's key market keep going by painstaking effort.

In particular, in the second half of 2011 grain production capacity in the case of a sharp decline in the case, the suspension of expansion plans, in 2012 in the production capacity gradually filled with full load, will restart the pace of expansion.

Upstream of the LED grain crystal power plant, canyuan new century and 2012 are capital plans, the crystal electric will seek strategic partners to cooperate with private placement, and canyuan this year in syndication, seasoned equity offering and can raise Switching Company debt of more than 2 billion 500 million yuan, the new century is expected this year will be the way to private the capital, canyuan will buy a new machine to catch up with the future lighting demand and production capacity, the new century will also buy the previous plant expansion to increase capital equipment.

EPISTAR stressed that the private placement goal lies in the introduction of strategic partners, the Changzhou crystal power plant and Reinvestment huga production space, its Changzhou plant currently in improving grain brightness technology, increasing temperature, drive capacity and therefore, in the current capacity utilization on loaded, still is sufficient for should the order demand, private placement is not focusing on the expansion.