Aoyang Shunchang won the 400 million agreement order, the first phase of the project, 30 MOCVD in place

[High-tech LED reporter Zhao Hui] The situation of LED chip market in the first half of this year is still continuing. A number of LED chip listed companies and midstream packaging companies have signed orders for chip supply agreements. On the one hand, chip companies need to use this round of market upswing to digest future production capacity; on the other hand, the capacity expansion of midstream packaging companies also needs to gain an advantage in the cycle and cost of upstream chip supply.

On the evening of May 21, the newly-launched LED chip company Aoyang Shunchang (002245.SZ) announced that the company's controlling subsidiary Huai'an Aoyang Shunchang Optoelectronic Technology Co., Ltd. signed the strategy with Mulinsen Co., Ltd. on May 20. Cooperation Agreement, the two parties will conduct strategic cooperation in market information, product research and development, technical support and product supply. Mulinsen will continue to purchase LED chips from Huai'an Optoelectronics, with a total amount of not less than 400 million yuan within two years.

“Mu Linsen is a leading LED packaging company in China and a major domestic LED chip purchaser. Huai’an Optoelectronics has strategically cooperated with it to sign long-term stable chip orders, which will help the stability and continuity of the company's LED product sales.” Yang Shunchang's Dong Mi Lin Wenhua told the "High-tech LED" reporter that Aoyang Shunchang and Mulinsen have been in contact for a long time and have been supplying continuously. The monthly supply has reached several million yuan.

Lin Wenhua said that the previous production of Aoyang Shunchang was small, and the continuous supply capacity was slightly insufficient. With the completion of MOCVD, the production and supply capacity was greatly improved, and it was confident to complete the supply of 400 million yuan.

In addition to procurement, the highlight of this cooperation lies in the in-depth cooperation between the two parties in product development and technology.

"This cooperation, in the aspect of product research and development, hopes to cooperate with the development of the midstream, the idea of ​​the new product technology of the packaging factory can be directly produced to the chip company, so that it can be developed for market development, more targeted, and the chip products are also more Can meet the specific requirements of customers." Lin Wenhua said that the cooperation will help Huai'an to understand the latest technology trends in LED chip applications and improve the level of chip research and development.

Regarding whether the production capacity can meet the needs, Lin Wenhua told reporters that there are currently 20 MOCVDs in Aoyang Shunchang, and it is expected that 15 units will be fully sold in June. According to the company's plan, before the end of 2014, 30 MOCVD projects for the first phase of the LED project will be in place.

Earlier, Aoyang Shunchang just completed a private placement.

According to Aoyang Shunchang’s “Report on the Issuance of Non-public Issuances and Listing Announcement”, 9 of the 10 subscription targets for the additional issuance are institutional investors, including Huaan Fund Management Co., Ltd. and Taiping Assets. Management Co., Ltd., E Fund Management Co., Ltd. and other capital market big institutions.

The total amount of funds raised in this time is 485,404,400,813 yuan, which will be used for LED epitaxial wafer and chip industrialization projects (Phase I) and supplementary liquidity projects.

According to the Australian Ocean Shunchang LED project plan, the first phase of the project will reach 30 MOCVD chip capacity scale.

"The key to the company's future prospects is to develop the LED business." Chen Hao, general manager of Aoyang Shunchang, said at the 2013 annual performance briefing that he intends to make the company a larger industry in the next two to three years. A leading LED industry company with outstanding operational efficiency, close research and development, close to the market and quickly meet market demand and profitability.

According to the financial report, Aoyang Shunchang's total operating income in 2013 was 139,852,800 yuan, down 15.81% year-on-year. The net profit attributable to shareholders of listed companies after deducting non-recurring gains and losses increased slightly by 1.12% year-on-year to reach 88.864 million yuan.

Among them, the subsidiary Huai'an Optoelectronics realized the LED business sales income of 35.95 million yuan, and realized a net profit of 4,296,700 yuan. The LED project achieved the expected result of the profit of the year when it was put into production. Among them, in the fourth quarter of 2013, the single-quarter sales revenue was approximately RMB 20 million.

Lin Wenhua said that since the fourth quarter of last year, the LED industry has gradually recovered, benefiting from the continuous release of its own production capacity, the company has also experienced explosive growth in the LED field. The 2014 annual business plan is to achieve LED annual revenue of 250 million yuan. , increased by more than 600% in the base of last year.

Since the beginning of this year, there have been many strategic cooperation between chip factories and packaging companies, and the case of signing huge purchase agreements has occurred. For example, Sanan Optoelectronics has successively reached a purchase agreement of 200 million yuan and 250 million yuan from Jufei Optoelectronics and Guoxing Optoelectronics.

In this regard, Lin Wenhua believes that the strategic cooperation between the chip factory and the packaging factory will become a trend in the future, and the number of chip companies will decrease in the future, and the supply will be more concentrated. But at the same time, the degree of cooperation will be deep and shallow, and the most basic one is the purchase agreement.

[WATERPROOF] IPX4 waterproof rating protected against splashing water from all angles. you can also doing outdoor activities or excises when raining or snowing.

[LONG BATTERY LIFE] The Head Lamp lighting time up to 8 hours. Whether you're out in remote areas, work in underground or stuck in the highway, applies to a variety of night activities to make your night life easier.

[EASY TO USE]Easy open the head lamp battery case, this led headlight use AAA batteries or rechargeable battery. Durable elastic headband makes hands free.


[WIDELY APPLICATION RANGE]This head Lamp can be used for running, camping, hiking, hunting, fising, climbing, biking, cycling, shooting, caving, kayaking, housing, construction work, auto repair, walking dog at night hands-free,etc

Head Lamp

Head Light,18650 Head Lamp,Zoomable Head Lamp,Head Lamp

Ningbo Henglang Import & Export Co.,Ltd , https://www.odistarflashlight.com

Posted on