According to the person from Dongjing Electronic Securities Department, the commissioning of 30 sapphire crystal growth furnaces of the company's wholly-owned subsidiary Huangshan Dongjing Optoelectronics Technology Co., Ltd. is nearing completion and will be put into production. The specific production capacity is yet to be determined.
It is understood that the company will increase the remaining non-public offering proceeds to increase its wholly-owned subsidiary Huangshan Dongjing Optoelectronics Technology Co., Ltd. for its implementation - an annual production of 2.75 million mm LED sapphire crystal rod construction project, the total investment of the project is 390 million yuan. .
Dongjing Electronics said: "The company is expected to invest 100 sets of crystal growth furnaces. The second and third stage sapphire crystal growth furnaces will arrive before the end of this year. The company has signed a purchase contract with the crystal growth furnace manufacturers. The company's crystal rods are mainly used. In the field of LED lighting, there is currently no application for smartphones. “East crystal electronics supplement, the ingot can also be processed into 4 inch, 6 inch sapphire, mainly to see the quality of the ingot.
Industry analysts pointed out that while the demand for LEDs is growing, the demand for sapphire substrates in the smartphone market has also grown strongly, easing the problems caused by oversupply in the past few years to the sapphire crystal rod market. It is estimated that by 2014, the demand for sapphire ingots for the production of smartphones and other mobile device components will increase from 5% last year to 20%.
It is understood that the company will increase the remaining non-public offering proceeds to increase its wholly-owned subsidiary Huangshan Dongjing Optoelectronics Technology Co., Ltd. for its implementation - an annual production of 2.75 million mm LED sapphire crystal rod construction project, the total investment of the project is 390 million yuan. .
Dongjing Electronics said: "The company is expected to invest 100 sets of crystal growth furnaces. The second and third stage sapphire crystal growth furnaces will arrive before the end of this year. The company has signed a purchase contract with the crystal growth furnace manufacturers. The company's crystal rods are mainly used. In the field of LED lighting, there is currently no application for smartphones. “East crystal electronics supplement, the ingot can also be processed into 4 inch, 6 inch sapphire, mainly to see the quality of the ingot.
Industry analysts pointed out that while the demand for LEDs is growing, the demand for sapphire substrates in the smartphone market has also grown strongly, easing the problems caused by oversupply in the past few years to the sapphire crystal rod market. It is estimated that by 2014, the demand for sapphire ingots for the production of smartphones and other mobile device components will increase from 5% last year to 20%.
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