Light hung in April revenue monthly increase of 7.86%, or the future direction of business strategy adjustment

LED epitaxial grain factory light / win tech revenue in the first quarter, the annual reduction of 13.9% over the same period as the nearly 7 year low. The main reason is the customer order demand is weak, but the company's products more focused niche applications and prices by the blue LED Co., is expected in the second quarter is expected to moderate rebound with the traditional peak season. In April revenue to 106 million yuan (NT, the same below), the monthly increase of 7.86%, 15.05% years, 4 months before the cumulative revenue of 376 million yuan, the annual reduction of 14.26%.

In addition, the light hung in the original large shareholders to withdraw from the board of directors, former chairman of the flood tree solution post, is expected to convene the shareholders' meeting in 6/8, this year's shareholders will be of concern. Because the company intends to not more than 20 million shares for private equity cap amount per share subscription price is tentatively scheduled this year, 22 yuan, while the shareholders will also be conducted electing of board. Outside the new strategic partners may be associated with a large panel of /LED industry and technology group, will get 3 seats seats Zuo Youdong. The operating strategy of the future direction of light fortune may adjust.

Light hung was founded in 2006, the main production of color LED grain, originally has about 20 sets of MOCVD machine, the new factory half tree Valley Park last year completed and move to the factory, it is reported that MOCVD machines has been expanded to more than 30. There are profits over the years the company operating conditions generally stable, every year, 2017 revenue of 1 billion 235 million yuan, earnings per share of 0.62 yuan, the flow rate of 416%, quick ratio of 302%.

Speculation that the right to operate light hung transaction may be related to the future long-term business strategy to adjust the direction of development. The new generation of Micro LED is regarded as a great potential for the development of display technology, the transition technology of Mini LED is applied to new product design and display panel backlight, also about mass production this year to import. Micro LED development may need technical ability three RGB LED epitaxial grain / manufacturing.

Although currently has LED Blu ray technology vendors have red LED manufacturing capacity of manufacturers is relatively limited, like crystal electric, OSRAM, three and so on, investment cooperation may have cost relatively high, light colored LED and is one of the few to Hong grain manufacturing technology small and beautiful LED factory. The company, including electing of board and private shareholders will have to wait for the case to clear, at this stage of operation has not changed much.

The panel plant in Taiwan area in Mini LED and Micro LED technology is the most complete layout of AU Optronics, AUO lextar Electronics Group Company has from the LED / LED epitaxial grain to the module packaging, one-stop process technology and products. But Luanda itself does not have a red LED epitaxial manufacturing technology. As for the Hon Hai Group's Innolux investment LED factory rongchuang in LED package, if by the whole and complete multicolor LED epitaxial grain manufacturing technology, complete vertical integration, the outside world is positive. LED more information, please click on the LED network or the WeChat public account (cnledw2013).