Tongfang shares: 20% increase in net profit in the first half of the year 32 MOCVD has been mass-produced

Tongfang shares announced the 2012 semi-annual report. During the reporting period, the company achieved a main business income of 9.698 billion yuan, an increase of 14.11% over the same period of the previous year; operating profit of 165 million yuan, down 31.86% over the same period of the previous year; total profit of 286 million yuan, Increased by 9.35%; realized net profit attributable to owners of the parent company of 155 million yuan, an increase of 19.93% over the same period of the previous year. Basic earnings per share was 0.0780 yuan, an increase of 19.82% over the same period last year, earnings per share of 0.0651 yuan.

In the first half of 2012, due to the overall impact of the slowdown in the macroeconomic situation, consumer demand continued to be sluggish, and some of the company's main industries were affected. To this end, the company strengthens its core competitiveness through technological innovation and product innovation, and strives to eliminate the business risks brought about by the economic downturn and achieve continuous growth in revenue. On the other hand, the company continues to cultivate and develop new industries that are in line with national strategies, and has increased its investment in semiconductor lighting and energy-saving industries.

In the field of semiconductor and lighting, the company has been involved in LED epitaxial wafers and upstream raw materials, LED semiconductor lighting and LED backlighting, and has also launched global sales of LED lighting products. It has built 32 MOCVDs in Beijing and Nantong, Jiangsu. Auxiliary equipment, monthly output of about 100,000 pieces of epitaxial wafers, 22 sets of MOCVD and supporting equipment in the second phase of Nantong Base have also entered the stage of installation and commissioning.

Nantong LED Industrial Base is an industrialization project for high-brightness LED chip manufacturing and its application. The project invests 800 million yuan for the expansion of high-brightness LED chips and the large-scale application of high-brightness LED lighting products in special landscape lighting. The project has been fully completed in 2011.

During the reporting period, the company's production bases for 6 MOCVD and ancillary equipment in Beijing have been mass-produced. In the first phase of Nantong's production base, 26 MOCVD and supporting equipment have been mass-produced, with a total of nearly 100,000 pieces of epitaxial wafers per month. The 22 MOCVD equipments in Phase II have arrived and are being installed. In the second half of the year, the company will continue to promote the construction of emerging industries such as LED chips, increase research and development efforts, continuously improve various mass production performance indicators such as lighting and backlight chips, and play a supporting role in the overall industrial chain to build core competitiveness.

In addition, the company has also increased its development efforts in high-power chips, and successfully developed the first high-voltage LED chip by adopting special epitaxial structures, optimized layout design, vertical structure, Flip-chip structure, high-voltage LED design and other technological measures. . In terms of lighting products and applications, the company further improved the LED lighting product line, and launched a series of LED integrated lighting products such as downlights, spotlights, mining lights, and shed lights. During the reporting period, the company also undertook the northern mountain street lighting project of Guangzhou township street lamp construction project, Beijing Jinmao Center Building lighting, Taierzhuang Canal Ancient City Lighting Project, Jincheng City Main City Landscape Lighting Project, Qinhuangdao Economic Development Zone Qinhuang West Street .

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