Flush according to financial reports, roshow technology Chairman Lu Yong 27 online on the performance shows that the company this year will focus on the adjustment of industrial structure, expand the aluminum product market, and increase the sapphire industry input, moderately diversified development.
Lu laugh technology main business for the electromagnetic wire product development, production and sales, the main products include copper core, aluminum core electromagnetic wire two categories, product structure is relatively simple.
The report shows that the company achieved operating income of 2 billion 648 million yuan in 2014, a decrease of $2.98%, attributable to shareholders of listed companies net profit of -3913.82 million, down by 202.70%. Reporter comparison of the company's annual report a few years ago, the company's performance loss in recent years is the first time, the company said that the main reason for the sluggish market demand.
However, the situation this year or will be improved, the company a quarterly show, the company's first quarter profitability year on year performance, the first half of this year yejiyuzeng 116.63%-224.94%.
It is understood that yejiyuzeng benefited from the company to optimize the industrial structure. Company raised investment projects, an annual output of 15000 tons of aluminum core electromagnetic line project has reached a predetermined state of use, said Luo Yongxin, chief financial officer, will be the actual market situation, the replacement of some of the core magnetic wire production capacity.
Due to the impact of rising copper prices, the company's copper core magnetic line gross profit of less than 5%, aluminum electromagnetic wire gross margin was about 15%. Therefore, the project put into operation, even in the case of little change in the size of the revenue, the company's gross margin is also expected to greatly enhance.
One side is to optimize the adjustment of industrial structure, one is to seek a new transformation of the diversification of the performance growth. In 2014, the company invested 200 million yuan and Bourne optical joint venture to set up the company's sapphire sapphire company (Bourne) (). Up to now, the company 200 sapphire crystal device has been put into trial production. Secretaries Chen Tao said at the meeting, in order to avoid competition with the industry, the company will be as soon as possible to laugh at the company's operating assets into the company's assets in the mouth of the dew laugh company, Bourne.
It is reported that the company's partner Bourne optical is one of the world's largest screen glass processing equipment manufacturers, its screen glass products accounted for 30% of Apple's equipment supply, accounting for Samsung's $20%. In addition, Bourne optics for NOKIA, Lenovo and other companies to provide screen products.
Industry analysts believe that the 2016 sapphire application market space of nearly $2 billion, will be more than 3 times the LED substrate material market. Qilu Securities released research reported that the current application of Apple's Sapphire value on the phone is only $1, but if extended to the full screen, the value will soar to $28. Even if the future due to the popularity of technology led to price decline, its value is still far more than ten times. Dew smile technology cooperation with Bourne set up a joint venture company, bound the largest demand for sapphire customers, huge development space.
In addition, all of the domestic listed companies involved in sapphire determined to get Apple product orders only 3, in addition to dew laugh technology, the remaining two were Han's laser, southwest pharmaceutical.
For more information about LED, please click on China LED network or pay attention to WeChat public account (cnledw2013).
Contact: mack
Phone: 13332979793
E-mail: mack@archled.net
Add: 3rd Floor, Building A, Mingjinhai Second Industrial Zone, Shiyan Street, Baoan, Shenzhen,Guangdong,China