Shortly after the start of the year, many listed companies have disclosed the performance bulletin in 2017. On the 27th, Zhejiang Crystal Optoelectronics Technology Co., Ltd. (hereinafter referred to as 'Crystal Photovoltaic') also disclosed the performance bulletin for 2017. Express display , In 2009, the total operating income of crystal photoelectric 21610000000 yuan, an increase of 27. 71%, operating profit of 4.16 billion yuan, an increase of 47. 32%, net profit attributable to shareholders of listed companies also increased year-on-year 40. 22%.
For the reasons for rising performance, Crystal Optoelectronics said that during the reporting period, the main reason for the company's performance growth is to speed up the expansion of international markets and large customers, but also increased product and technological innovation, and actively layout new 3D imaging-related optical components, optical In addition, the Company also actively optimized its industrial and product mix. Its LED sapphire business and reflective materials business continued to grow rapidly with increasing profitability. The shareholding of Nihon Keibu Co., Ltd. recorded a substantial increase in its performance during the reporting period, contributing to a better investment return .
As for the increase in total revenue, Crystal Optoelectronics also stated that its total assets had increased by 51.75% over the previous year during the reporting period, mainly due to the company issuing RMB1,180 million of convertible corporate bonds The total assets increase.
Crystal Optoelectronics main optical imaging, LED, micro-display, reflective materials and other fields related products R & D, production and sales, has now formed optical, sapphire, reflective materials and New display On the 26th, Crystal Optoelectronics also said on the interactive platform that the company's top five customers are mainly mobile phone module manufacturers, accounting for more than half of its operating income.
Four blocks together force
Crystal Optoelectronics is currently leading products for digital cameras, camera phones and other digital camera lens system of optical low-pass filter, cut-off filters for the infrared; LED lighting for the field of sapphire substrate and PSS substrate; for the Sapphire optical applications for consumer electronics products; projection components for virtual display products; and retroreflective materials for safety protection products.
In the optical plate, crystal optoelectronic input considerable .Previously, Crystal Optoelectronics also intends to issue 1.18 billion convertible bonds, plus the optical industry.It is reported that 118 million raised funds are mainly used for 'blue glass and bio-recognition filter Which includes the annual output of single camera unit of 80 million sets / year, double camera unit of annual output of 420 million sets / year, biometric filter unit sets of 250 million sets / year, construction period 24 months, the project is expected to produce the first 3, 4, 5 years were 60%, 80%, 100%, after the completion of the estimated annual sales of 15.2 billion yuan, net profit of 230 million yuan.
The consumer electronics market is the main driver of the camera market growth and penetration continues to improve.In addition, 3DSensing Apple's new generation of product applications, but also gradually by other brands of concern.Delta Sensing and dual camera will jointly enhance the blue glass and biometric filter Light film market demand.And the crystal photoelectric as the world's few can produce narrow-band filter business, will certainly benefit from depth.
Crystal Optoelectronics also disclosed earlier on the interactive investor platform that the current market share of the company's infrared cut-off filter products is about 20%, and that Opry Technology is a downstream customer of the company.
In the sapphire sector, Crystal Optoelectronics said at the end of last year roadshow that the company's sapphire business has enjoyed a place in the global market after several years of continuous growth, and the market share continues to expand. Especially in the technical content of the patterned sapphire LED substrate High, so the competitors in this segment are less than the ordinary sapphire LED substrate field, mainly Japan and South Korea's enterprises.
Over the past few years, sapphire LED substrate manufacturing industry has been in the consolidation period, some companies with weak competitiveness gradually eliminated, industry concentration greatly increased.Crystalline optoelectronics began in 2010 to develop sapphire LED substrate, in 2011 to achieve mass production Through years of production practice has accumulated considerable production experience and a certain scale advantage.
In the reflective material sector, Crystal Photoelectric also continued its steady growth, with the reported gross profit margin of 50% for mid-report reflective material, strong downstream demand, and its production capacity expected to continue to increase with a high growth rate.
The new display panel is also an important strategic business of crystal optoelectronics, over the years, crystal photovoltaic is also the integration of related resources, research and development related expertise, full of confidence in the industrialization.
In 2017, the four major business sectors made an all-out effort to make the performance of crystal optoelectronics rise sharply and the outlook is promising. However, as the internal power is growing, crystal optoelectronics is expanding continuously.
Subscription Chi Guang Chi to strengthen the upstream strategic cooperation
At the end of 2017, Crystal Optoelectronics intends to subscribe for the ordinary shares of Nippon Light Chi Initial Public Offering (IPO) from December 13, 2017 to December 18, 2017 with its own funds of not more than ¥ 187,200,000 and subscribe for shares The upper limit of 936,000 shares, the maximum price per share of 2,000 yen is expected after the completion of this offering, Crystal Optoelectronics is still the largest shareholder of Japan Guangchi, holding 18.18% of its ordinary shares.
Japan Guangchi mainly engaged in optics, touch panels and other industries coating equipment and equipment core components of the research and development, production and sales, is the industry's leading professional equipment manufacturers in optical coating equipment and other products in the world market share of the world, the crystal Optoelectronic production of optical film coating machine that is purchased from the light Chi.
Since its inception in 2014, Crystal Optoelectronics has actively cooperated with R & D in new products and customer development, and jointly established Zhejiang Jingchi Optoelectronics Technology Co., Ltd. in July 2017. The acquisition of shares of Japan Guangchi IPO Which will help to strengthen the strategic cooperation between the Company and Japan Guangchi, ensure the position of major shareholder and enhance the competitiveness of Crystal Optoelectronics.
The performance of 2017 point of view, the shares of Japan Mitsuhiro indeed contributed a good crystal photoelectric investment income.
Currently, Crystal Optoelectronics has set up its own branch offices in Silicon Valley of the United States and Tokyo, Japan, and also invested in R & D companies in Israel. These overseas layouts have grasped the opportunity of Crystal Optoelectronics to seize the cutting-edge technology, develop innovative technologies and quickly face the market Played a very good supporting role.According to Lin Min, chairman of introduction, internationalization is one of the important strategies for the company's next stage of development.
