Sanan Optoelectronics has a net profit of 3.164 billion yuan in 2017, an increase of 46.04% year-on-year

On April 19th, Sanan Optoelectronics announced its 2017 financial report. The financial report showed that the company achieved sales revenue of 8.394 billion yuan, operating profit of 3.856 billion yuan, and net profit attributable to shareholders of the parent company of 3.164 billion yuan, compared with the previous year. Compared with the same period, sales revenue increased by 33.82%, operating profit increased by 82.50%, and net profit attributable to shareholders of the parent company increased by 46.04%.

During the reporting period, Sanan Optoelectronics Co., Ltd. Xiamen Sanan Optoelectronics Co., Ltd. (Phase 2) gradually went to the plant for MOCVD equipment and released production capacity; its wholly-owned subsidiary, Anrui Optoelectronics, applied its automotive lamp business to expand its production capacity; Development planning, setting up a wholly-owned subsidiary overseas, mainly engaged in research and development; Compound IC business is also carried out step by step.

Up to now, Sanan Optoelectronics has 1,300 patents and proprietary technologies, most of which are invention patents. The intellectual property protection system has been continuously and effectively constructed, providing a solid guarantee for the company's sales channels. As the company continues to increase research and development efforts, At present, all technical indicators of the company's main products have reached the international advanced level, laying a solid foundation for further development of the international market.

During the reporting period, Sanan Optoelectronics continued to work on strategic planning, focusing on the development of the III-V compound semiconductor industry, focusing on semiconductors such as silicon carbide, gallium arsenide, gallium nitride, indium phosphide, aluminum nitride, and sapphire. The core business of R&D, production and sales of new materials involves efforts to build a semiconductor manufacturer with international competitiveness. The company is mainly engaged in the research and development and application of III-V compound semiconductor materials, focusing on gallium arsenide, gallium nitride, Silicon carbide, indium phosphide, aluminum nitride, sapphire and other new semiconductor materials related to epitaxy, the chip is the core business, the product contains LED chips, LED special applications and second-generation, third-generation semiconductor chips, used in lighting, Display, backlight, agriculture, medical, microwave radio, laser communications, power devices, optical communications, inductive sensing and other fields.