[Text / high-tech LED Yue Mengdi] Huacan Optoelectronics (300323) announced on January 4, 2016, on December 30, 2015, the company and Zhejiang Yiwu Industrial Park Management Committee signed the "Strategic Cooperation Framework Agreement." The company's stock resumed trading on January 4.
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According to the relevant content of the agreement, Huacan Optoelectronics will build LED extension, chip and industrial chain extension projects in Yiwu Industrial Park. It is estimated that the total investment will be about 6 billion yuan and the land area will be about 350 mu. It is planned to reach production within 5 years after obtaining the construction permit. At the same time, both parties agreed to jointly establish LED industry M&A funds for the integration of Huacan Optoelectronics in the LED industry chain.
Hua Can Optoelectronics, which has passed its 10th birthday, is a representative enterprise of LED upstream chip terminals in China. Since 2012, Huacan Optoelectronics has invested a total of RMB 3 billion in Zhangjiagang to build LED epitaxial and chip production lines. The company's monthly LED epitaxial chip production capacity exceeds 600,000. sheet. Since 2015, it has also expanded its production activities. In September, it announced that it plans to purchase Yunnan Lanjing Technology at a price of 1.08 billion yuan to further expand its influence and competitiveness in the upstream epitaxial wafer and chip fields.
In the first three quarters of 2015, Huacan Optoelectronics achieved operating revenue of approximately RMB 700 million, a year-on-year increase of 34.41%. Vice President of the company, Bian Difei, said at the 2015 Gaogong LED Annual Meeting that Huacan Optoelectronics insisted on focusing on the “core worldâ€. To expand the entire industry chain, the company's goal is to be a professional chip supplier to produce high-quality LED epitaxy and chips. "We hope to use the professional division of labor in the industry chain to carry out effective market allocation and maximize the overall efficiency of the industry chain."
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The LED production base stationed in Yiwu Industrial Park will drive the upstream and downstream of the LED industry chain and the agglomeration of supporting enterprises through the implementation of the project, which will help Huacan Optoelectronics to further expand the company's scale and cost advantages and enhance the company's core competitiveness and industry influence. force.
“Yiwu Industrial Park has a series of preferential policies in terms of R&D subsidies, loan interest subsidies, equipment investment subsidies, etc. These all contribute to the development of Huacan Optoelectronics' LED business.†Some insiders analyzed this.
On the other hand, Huacan Optoelectronics has settled in the Yiwu Industrial Park to build an LED upstream project, which is also of great significance to Yiwu. It is understood that this is the first project invested more than 6 billion yuan since the establishment of Yiwu Industrial Park. The project is technically leading domestically and internationally advanced, filling the gap in Yiwu City and even Zhejiang Province in the LED upstream industry.
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