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It is undeniable that Xiamen Xinda has made frequent moves throughout 2016.
According to the high-tech LED inspection data, in the first half of 2016, Xiamen Xinda firmly implemented the strategic idea of ​​“bigger and stronger packaging products and better lighting products†in the photovoltaic panel, striving to become the leading enterprise in the field of LED packaging in China. Expansion, internal integration, production and research linkages continue to strengthen the scale effect, actively promote technology research and development, and build comprehensive competitiveness of enterprises.
In the production line, the integration and expansion of the package product line is carried out in an orderly manner. Xiamen, Anxi, Shenzhen and Zhongshan Optoelectronics Co., Ltd. realize the synergy through integration and expansion of the packaged product line; focus on promoting the refinancing project Anxi LED packaging new project The construction has also been officially put into production.
In addition, the display packaging production line, the LED street lamp production line and the white light product production line are also releasing production capacity.
I believe that everyone has also noticed that in 2016, the LED industry was caught in a wave of price increases. After some LED packaging manufacturers and Taiwan’s Jingyuan Optoelectronics successively sent out price adjustment letters, the largest LED chip factory in China, Sanan Optoelectronics also issued a rise. Price notice.
Of course, at this time, Xiamen Xinda Optoelectronics also carried out product price adjustments, and the price adjustment range was 5%.
In addition to this, Xiamen Xinda's 1.288 billion yuan fundraising project is also in the follow-up.
Among them, the fundraising projects are:
Invested 149 million yuan in Xiamen LED application products and packaging expansion projects;
Invested 389 million yuan in Anxi LED packaging new projects and equity acquisition projects;
Invested 640 million yuan in Cinda Optoelectronics LED packaging and application product expansion projects;
Invested 110 million yuan in the expansion project of Cinda Optoelectronics LED display packaging products.
It is worth mentioning that the “Investor Relations Activity Record Form†disclosed by Xiamen Xinda on the Interactive Exchange of Shenzhen Stock Exchange yesterday (January 17) showed that the LED price increase has had a certain impact on the optoelectronic business.
Indeed, due to the fierce competition in the LED market in recent years, the unevenness of products and the frequent price wars have brought certain negative impacts on the development of the LED industry, but it has to be said that it also brings development opportunities for the stronger enterprises. .
Xiamen Xinda will take advantage of the opportunity to strengthen and expand the photovoltaic industry and improve the pricing power of the company. At the same time, through product improvement, material renewal, reduce product costs.
All in all, the rise in LED prices will have a certain impact on the company's optoelectronic business. In the future, Xiamen Cinda will further optimize the process and product structure and improve the profitability of the optoelectronics business.
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