Dongjing Electronics Huangshan Subsidiary added 30 sapphire crystal growth furnaces
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It is understood that the company has invested a total of 1.2 billion yuan to establish two wholly-owned subsidiaries of Zhejiang Dongjing Optoelectronics and Huangshanjing Optoelectronics Co., Ltd., and has established a holding subsidiary, Dongjing Bolante, in cooperation with South Korea. The three subsidiaries jointly implemented the LED project in phases and sub-projects.
Huang Wenzhao said that Huangshanjing Optoelectronics is mainly responsible for crystal growth and crowbars, and the weight of crystal growth is 45Kg and 60Kg. Zhejiang Dongjing Optoelectronics has a small weight, all of which is 30Kg, which is mainly responsible for cutting, grinding and throwing.
In the case of sapphire customers, Huang Wenzhao said that the main orders are still from LED customers, while the mobile phone orders are very few.
Dongjing Electronics disclosed that the semi-annual report forecast that the net profit for the first six months of 2014 is 3,000-35 million yuan. The reason for the change in performance is: the competition in the quartz crystal components market is fierce, and the price of the products has decreased; the LED sapphire substrate project market The prospect is good. As the company has not yet formed scale production capacity, the fixed cost is high. The production capacity and market expansion directly affect the company's 2014 semi-annual operating results. 
