Expansion and mergers and acquisitions of two-wheel drive National Star Optoelectronics 2015 net profit of 160 million yuan

As one of the few vertically integrated LED companies in the upper, middle and lower reaches of China, Guoxing Optoelectronics is on the road of LED lighting and Kangzhuang Avenue, which combines internal expansion and outsourcing.

On the evening of March 27, Guoxing Optoelectronics (002449.SZ) disclosed the 2015 annual report. According to the financial report, in 2015, National Star Optoelectronics achieved a total operating income of 1.839 billion yuan, an increase of 19.15% over the same period of the previous year; the net profit attributable to shareholders of listed companies was 160 million yuan, an increase of 10.70% over the same period of the previous year.

Among them, the upstream epitaxial chip business realized revenue of 880.356 million yuan, a year-on-year increase of 126.47%. The holding subsidiary Guoxing Semiconductor flipped 45 mil high-power chip, the light efficiency reached the domestic leading level and put into mass production; the mid-stream packaging business income reached 1.592 billion yuan. , a year-on-year increase of 22.7%; downstream application business realized revenue of 152 million yuan.

National Star Optoelectronics Segmentation Business Income Unit: Yuan

According to the annual report, the production and sales volume of National Star Optoelectronics SMD LED products increased significantly in 2015. Among them, the sales volume increased by 7.298 billion compared with the previous year, an increase of 78.33% over the same period of last year. The production volume increased by 7.723 billion over the previous year. 63.04%.

“National Star Optoelectronics vertical integration industry layout has basically been reached, upstream epitaxial chip business is controlled by the company's controlling subsidiaries Foshan Guoxing Semiconductor Technology Co., Ltd. and Zhejiang Yaweilang Technology Co., Ltd., and the midstream LED packaging is the company's main business. The downstream terminal lighting business is actually produced, sold and promoted by the company's lighting division.” National Ace Optoelectronics Director Liu Aizi said in the reception of institutional investors that in the future, the company will continue to realize the four major businesses of chips, packaging, components and lighting applications. The sector goes hand in hand, and continuously strengthens the synergy between technology scale and industry chain to improve core competitiveness.

It is understood that in 2015, Guoxing Optoelectronics continued to develop new products, and developed EMC3030 and other devices to meet the requirements of backlights for high-end TV products. It has developed new LED device products such as UV, IR and automotive, and expanded LEDs. Subdivided into new markets and high value-added applications; CSP packaging, which is the first in China to adopt thin-film ceramic substrates, has greatly solved the technical problems in the application of common CSP; developed filament products based on ceramic and sapphire substrates. .

In the field of display devices, Guoxing Optoelectronics has developed a small-sized indoor small-pitch high-density 0808, outdoor high-defense high-density 1921 device, realizing a true indoor P2/outdoor P4 small pitch high-density display; developed a high-end display Reestar series 3535, 2727 devices provide competitive products for high-end outdoor/outdoor rental.

In the field of lighting applications, Guoxing Optoelectronics released the square plastic T5 bracket series, continue to lead the domestic dark trough shadowless T5 bracket market; launched a cost-optimized version of the T5-JE national wind and other series of products, improved the T8 tube, The process flow of panel lamps, ceiling lamps and other products reduces the cost of products in all aspects.

Guoxing Optoelectronics has always been known for its packaging. In November 2015, Guoxing Optoelectronics announced that it would “expand the packaging project with its own capital investment company of no more than RMB 400 million”. The equipment currently purchased has been gradually commissioned and put into production.

It is understood that the expansion of the packaging project is mainly for outdoor surface mount display devices, indoor small-pitch display devices and white LED devices for lighting.

“Selecting investment expansion at this time is based on the actual needs of the company's business development,” Liu Aizi told Gaogong LED. This expansion will help to expand the production scale of the midstream packaging field, and become bigger and stronger, thus achieving the company. The comprehensive strength has been steadily improved.

As the development focus of Guoxing Optoelectronics in recent years, National Lighting has held dealer conferences in Henan, Beijing, Hubei, Jiangsu, Zhejiang and Fujian. Up to now, Guoxing Optoelectronics has 8 provincial-level operation centers, 5 direct-operated offices and more than 1,000 distribution outlets across the country.

According to the annual report, as of December 31, 2015, Guoxing Optoelectronics had applied for 337 patents and obtained 293 patents, including 278 domestically licensed patents and 15 overseas authorized patents. Among them, 37 invention patents were granted, including 28 domestic invention patents, 5 US invention patents, 3 Korean invention patents and 1 Taiwan invention patent.

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