The flip chip increasingly prosperous new century new single hand

LED chip factory in the new century the successful completion of fund-raising, in the third quarter flip product shipments proportion rise, product portfolio optimization, the new century not only the third quarter gross margin is expected to steady, and even the 4 quarter earnings, the fourth quarter into the traditional off-season, revenue is expected to decline only slightly, crystal products next year is expected to receive new orders for TV backlight outdoor lighting, mobile phone flash size.

The new century is both sides of the fourth LED chip factory, has a total of 77 sets of MOCVD machines, and Qunguang group shares, but recently by the market collapse, the world's first manufacturers Nichia (Nichia) estimated 2015 competition impact, 21 day limit, the share price to 13.9 yuan (NT, the same below) close distance now the price increase 17 yuan, has fallen 18%.

The new century has even second quarter 3 quarter profit, single quarter profit 61 million yuan (about 12 million 279 thousand and 100 yuan), a turnaround since the record, with gross margin of 17%, covering the third quarter benefited from the crystal products of high margin shipments increase and product portfolio optimization, estimation of corporate gross margin has the opportunity to approach second quarter, up 4 quarter profit earnings.

The new century, the company actively push flip product operation proportion, flip Flip Chip products with the manufacturers certification, is expected next year will be available in outdoor lighting, large size TV backlight and mobile phone flash applications such as a large number of shipments. The new century also pointed out that although the fourth quarter is the traditional off-season, but in order to see the hands of the revenue will be some slight decline.

The new century has just completed a private placement, raising the total cash capital increase, made 1 billion yuan (about 213 million yuan) funds, the end of the second quarter, the new century in the hands of cash and cash equivalents totaling about 1 billion 176 million yuan (about 237 million yuan), plus the first half profit of 103 million yuan (about 20 million 730 thousand yuan), silver at this stage of the new century. Ample funding problems without fear.

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