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Adapt to market changes, LED new century industrial expansion measures
Source:ANDY         Time:2015-1-4 13:25:10

In order to cope with the rapidly changing LED lighting market, in addition to the LED package leading billion light (2393 ) adjust the organization, including LED epitaxial factory in the new century ( 3383) yesterday ( 30) day also announced the group adjustment; from traditional lighting into the LED lighting industrial ( 911868) also announced the launch of LED light source module processes to and strengthen cost competitiveness.

The new century the second quarter of this year by the mainland outdoor billboard display customer order reduction, second season green LED capacity utilization rate of less than 6, though Blu-ray LED loaded, but still caused second quarter losses, single season loss after tax 242000000 yuan, the cumulative net loss of 378000000 yuan in the first half of the year, a loss of 1.36 yuan per share. New century pointed out, the third quarter of this year to launch large current LED will officially production shipments, will help to gain promotion, and the green LED capacity to production of blue light, is expected to sprint non-standard LED lighting products, to avoid the bargain market, overall, battalion of the third season, profit will be better than the second season.

New century yesterday the resolutions of the board of directors will be promoted to group general manager Xu Shihong long strategy, the future will plan in new century epitaxial factory and its investments in subsidiaries, including the development of lighting system in the new century intelligence; former executive vice president of new century Chen Zhengquan took over as general manager, responsible for LED grain production; the original technology deputy chief Li Yunli will serve as the new century innovation service center general manager, develop the customized lighting research and development.

Industrial has announced财报显示, as of the end of year 3 annual report the gross profit rate is -53.9%, average loss of HK $1.518 per share. However, recently announced industrial in Hong Kong, company research and development of new LED light source module production process, can greatly reduce the production costs, and will in the fourth quarter production, it is expected that the technology can drive revenue and profit growth over the next few years; in addition, a subsidiary of industrial Heshan Silver rain lighting LED lamp and indoor lighting recently won the landmark case accepted, subject matter is driven, recently industrial ( HK; 01868) in the Hong Kong stock market rose by more than 5, yesterday in the Taiwan stock TDR neo-neon attack on 2.69 yuan trading price.

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