Lianchuang Optoelectronics: Semiconductor lighting base performance increased (Figure)



Today, the two markets opened lower, and the whole day showed a shock consolidation trend, eventually closing with a negative line. As the index stocks rose sharply in the previous period, the stock index was already at a high level. On the disk, the index stocks fell today and the stock index began to adjust. Under this pattern, investors can pay due attention to those varieties whose previous gains lag far behind the index increase and the interim results have increased significantly. For example, 600363 Lianchuang Optoelectronics is such a stock. The company is one of the five major industrial bases for semiconductor lighting projects. Its main LED industry belongs to the energy conservation and environmental protection industry, with energy conservation and environmental protection. From the company's 2007 interim report, it can be seen that the company's net profit in the first half of the year increased by 102.62% due to the expansion of sales scale and the increase in gross profit margin. Recently, it announced that it won the bid of China Mobile's 250 million yuan, indicating that its growth in performance is continuous, optimistic about the company. future development.

Sales scale expansion and gross profit margin increase led to a significant increase in performance

At present, the demand for electronic products such as mobile phones is increasing, and the demand for electronic products will continue to magnify the market demand of the LED industry. As an emerging industry LED industry, the global annual growth rate exceeds 50%, and the company implements a three-support industry. The development strategy is to adhere to the LED industry and actively promote the rapid development of the three supporting industries of relays, cables and communications. The company's main products LED chips, epitaxial wafers, chip high-brightness LED production have reached a certain scale (6 billion chips, 250,000-inch epitaxial wafers, 600 million LED / year), LED blue light diode with core technology and its application mobile phone Backlight products have a certain competitive strength. At the same time, as the company's current profit contribution point relay products, since the second half of last year began to implement the pricing mechanism of product price linkage with major raw materials, this year's product price adjustment has basically offset the adverse effects caused by rising raw material prices. Gross profit margin increased by 2.2% in the first half of the year. The company's RF cable is mainly used in the communications industry. The sales are spread all over the country and abroad. The cost is competitive. With the improvement of the market sentiment, the scale will expand accordingly. Recently, the company announced that it will win the bid for China Mobile's 2007 procurement bidding project, which will provide China Mobile with feeders, feeder cards, connectors and jumpers, totaling approximately RMB 250 million. It can be seen that the company's performance growth will have its continuity and is optimistic about the company's future development.

Product energy saving and environmental protection, broad development prospects

The new LED display device has the advantages of low power consumption, high brightness, long life, small size, etc. LED energy-saving lamps, in the same space, are basically one-tenth of incandescent lamps, one-third of fluorescent lamps. But the brightness is equal. At present, China's annual electricity for lighting is close to 250 billion kWh. If one-third of semiconductor lighting is used, it can save 80 billion kWh per year, which is basically equivalent to the total power generation of the Three Gorges Power Station. With the development of a conservation-oriented society, the energy-saving and environmental protection industry is facing tremendous development opportunities. As one of the five major industrial bases for semiconductor lighting projects, the company has received strong support from the Jiangxi provincial government, and the prospects for future market development are broad.

In addition, the company aims to actively promote the listing of Xiamen Hongfa. Once Xiamen Hongfa is listed, the company will also enjoy huge profits.

In the secondary market, the stock price has been in a consolidation trend since the previous stock price decline, and the stagflation is serious. It is expected to be attacked in the near future, and investors can pay due attention.


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