Dongjing electronic LED sapphire substrate project progress exceeded expectations

Recently, the outside world said that Dongjing Electronics has purchased 20,398 square meters of land use rights and 1,527.18 square meters of ground standard factory buildings in Jinhua City, Zhejiang Province. Currently, the factory has been put in place. It is expected that the company's first equipment will be in place in Q2. Q3 can realize small-scale trial production. If the project goes smoothly, Dongjing Electronics is expected to achieve mass production and shipment from Q4 to Q1 next year.

In addition, Dongjing Electronics also registered and established a subsidiary in Huangshan to carry out subsequent expansion and solve the problem of power shortage in Zhejiang Province. At this year, while the MOCVD equipment of domestic LED chip factories is in place and capacity is released, the company is expected to supply LED sapphire substrates in time from the end of the year.

Dongjing Electronics' 2011 Q1 operating income was 46,213,413.85 yuan, belonging to the parent company's net profit of 5,382,277.30 yuan, net profit after deducting non-recurring gains and losses of 508,855.95 yuan, attributable to the parent company's shareholders' equity of 564,161,118.86 yuan.

The company's basic earnings per share of Q1 in 2011 was 0.0426 yuan, diluted earnings per share of 0.0426 yuan, net assets per share of 4.47 yuan, diluted net assets return rate of 0.954%, and weighted return on equity of 1.16%.

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Dongguan YAC Electric Co,. LTD. , https://www.yacenter-cn.com

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