On the 25th, Sanan Optoelectronics released its 2017 third quarterly report. The company achieved operating income of 6.283 billion Yuan in the first three quarters, up 40.05% over the same period of the previous year; the net profit of Sanan Optoelectronic Equipment Co., Profit was 2.378 billion yuan, an increase of 58.9559%; earnings per share of 0.58 yuan.
Sam On Optoelectronics said the first three quarters of revenue rose mainly due to the expansion of production scale, production and sales increased substantially now San'an photovoltaic capacity in the world market share of about 12%, continued to expand, and the global market share of 30% As the goal.
Sanan Optoelectronics expects to add 100 new machines in 2017 to enhance and gradually release its production capacity and continue to expand its gap with its peers. It is revealed that in addition to the new machines that have been finalized, San'an Optoelectronics will continue to release MOCVD Machine large orders, is expected to expand production action is expected to continue until 2019, sustained release of capacity to meet demand.
On the evening of December 5, San'an Optoelectronics issued a public announcement, signing the "Investment Cooperation Agreement" with Quanzhou Municipal People's Government of Fujian Province and Nanan Municipal People's Government of Fujian Province. According to the agreement, the company intends to invest in Nanan Park, Quanzhou, Fujian Province One or several project companies have been registered with a total investment of 33.3 billion yuan (including investment in public facilities). All the projects have been put into production within five years and all the projects have been completed within seven years. The operating period is not less than 25 years.
The announcement said that Fujian Quanzhou and Nan'an City will promote the core competitiveness of Group III-V compound semiconductors and integrated circuits in order to promote the mass production of III-V compound semiconductors and integrated circuits in Nan'an Park in Quanzhou, as soon as possible
Mr. Lin Xiucheng, the boss of the San'an Group, started his career in the steel industry. With the great success of China's steel industry, Lin Xiucheng went up in value. However, with the boom-and-slump in 2004, his leadership, San An, shifted from production to technology. Generous expansion of LED production capacity.
Sanan marched into the LED chip industry in 2000 and landed backdoor A-shares in 2008 and officially changed its name to Sanan Optoelectronics. In 2016, sales of LED chips and LED products accounted for about 90% of the company's total revenue and announced the next generation of display technology micro LED among them.
Sanan is not a pioneer in the LED industry, so the layout of the active layout of patents, to be the first to catch up with the situation until the first half of this year, San'an has a total of 1,211 patents and proprietary technology, patent technology certification also allows Sanan to raise Technical threshold, and set up R & D centers in the United States to further demonstrate its emphasis on research and development.