According to the announcement, Xinhaiyi invested in the LED project in July 2011 and pre-built 20 MOCVD equipment for LED epitaxial wafers. It is planned to reach production in March 2014. But by the beginning of this year, only nine were put into production. However, it has recently been reported that 20 MOCVD equipments of Xinhaiyi will be fully operational in the third quarter of this year. It is also predicted that the company's LED product sales revenue will grow rapidly, reaching 300 million yuan in the second half. In this news, some investors have verified the company on the interactive platform.
The reporter also connected the company to understand the situation. Xu Lei, the company's director-general, confirmed that "the 20 LED devices planned to be built by the company will be put into production in the third quarter and will reach full production." In addition, for the speculation of LED sales, Xu Lei believes that "rumor data is calculated based on the annual production capacity of LED equipment, but it is still subject to the company announcement."
According to the investment LED project announcement, after 20 MOCVDs are all put into production, the annual sales will reach 776 million yuan. According to this calculation, the MOCVD equipment is fully produced in the third quarter, so that the LED products in the second half of the year can contribute 300 million yuan in sales revenue, which is also within a reasonable range.
The two areas in which Xinhaiyi currently accounts for the largest proportion of revenue are communications manufacturing and computer technology development. At present, the company is confident in the LED lighting industry. Some institutions have pointed out that LED products will become the third pillar of the company's revenue. Xu Lei also said, "The LED lighting industry is developing at a high speed, and the LED lighting products produced by the company are among the best in the industry in terms of luminous efficiency and yield. The company hopes to make LEDs the main products of the company's contribution revenue. ".
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