Rapid changes in the market LED enterprise reform busy

LED lighting market in response to the rapidly changing, in addition to the LED package leading billion light (2393) adjust the organization, including the LED epitaxial factory in the new century (3383) yesterday (30) day also announced the start of group adjustment; from traditional lighting to LED lighting in Zhen Mingli (911868) also announced the launch of the LED light source module to process and strengthening cost advantage.

The new century, the second quarter of this year by the outdoor display board customer orders greatly reduced, the second quarter of the green LED capacity utilization rate of less than 6, although the blue LED full, but still caused a loss in the second quarter expansion, single quarter loss after tax of 242 million yuan, the cumulative loss of 378 million yuan in the first half net loss per share of 1.36 yuan. The new century pointed out that the current LED in the third quarter of this year will be officially launched mass production, will help enhance the profit, and the green LED into production capacity is expected to sprint blue, non standard LED lighting products, to avoid the bargain market, overall, third quarter revenue and profit will be better than the second season.

The new century will be the resolution of the board of directors yesterday, general manager Xu Shihong was promoted to group strategy, the future will co-ordinate the charge of investment subsidiary of epitaxial plant and its new century, including the new century development of intelligent lighting system of the new century; former executive vice president Chen Zhengquan took over the post of general manager, responsible for LED grain production; original technology vice president Li Yunli will serve as general manager of innovation in the new century business center, the development of customized lighting research.

Neoneon has been reported at the end of March this year's annual earnings gross margin was -53.9%, average loss of HK $1.518 per share. However, before the date of Neoneon in Hong Kong announced that the company developed a LED light source module production process model, the production cost can be greatly reduced, and the production in the fourth quarter, it is expected that the technology can drive the next few years, revenue and profit growth; in addition, a subsidiary of Heshan city neo-neon silver rain lighting lamp and LED indoor lighting has recently been landmark case finalists, theme driven, recently Neoneon (HK; 01868) in Hong Kong stocks rose more than 5, yesterday in the Taiwan stock TDR zhenminglee also attack on the 2.69 yuan price limit.