Guoxing Optoelectronics plans to increase its shareholding in Xu Rui Optoelectronics

On the evening of January 10, Guoxing Optoelectronics announced that it intends to increase its shareholding in Xurui Optoelectronics Co., Ltd., and the company's stock will be suspended from the 11th. It is reported that before the increase, National Star Optoelectronics holds nearly 15% of the shares of Xurui Optoelectronics.

Xurui Optoelectronics mainly produces LED chips, and the key equipment for producing LED chips is MOCVD. At present, most of the domestic MOCVD equipment relies on imports. Although the price of each unit has been declining in recent years, it is still as high as 15 million yuan/set.

On January 6th, the website of Gaogong LED, a well-known research institution in the domestic LED industry, said that it received a report from the company's employees, and the major shareholder Xu Ming Optoelectronics transported some of the MOCVD main components of the subsidiary Xu Rui Optoelectronics. The news also revealed that Xurui Optoelectronics has been in a shutdown since April 2012, and the daily operation of Xu Rui Optoelectronics is the processing order from Xuming Optoelectronics. Xu Rui Optoelectronics is responsible for cutting and testing the back-end materials, but “orders” Very small amount." An insider of Guoxing Optoelectronics also confirmed that the performance of Xurui Optoelectronics in 2012 was not satisfactory.

"As of now, we have not heard any news from Xu Rui Optoelectronics about the removal of machinery and equipment by major shareholders." Guoxing Optoelectronics Board Secretary Jianzhong told reporters that Xu Rui Optoelectronics currently owns 11 MOCVD equipment.

A Beijing-based LED industry analyst told reporters that the current LED chip production capacity has been surplus, the domestic MOCVD equipment has nearly 1,000, and some large listed companies, such as Sanan Optoelectronics (600703.SZ), Huacan Optoelectronics ( 300323.SZ) is still undergoing large-scale expansion, coupled with competition from Taiwanese manufacturers, Europe, the United States, Japan and South Korea. "In the future, the competition for domestic LED chips will become more intense, and the price and gross profit of LED chips may continue to decline."

(This article is reproduced on the Internet. The texts and opinions expressed in this article have not been confirmed by this site, nor do they represent the position of Gaogong LED. Readers need to verify the relevant content by themselves.)

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