On September 3, Qiu Minxiu, chairman of Jingsheng Electromechanical (300316.SZ), said that the main products of the first sapphire furnace were applied to the market of LED substrates, which are more promising. If other applications such as wearable devices are enlarged, Jingsheng Electromechanical will also enter the market.
On August 29, Jingsheng Electromechanical Co., Ltd. accepted investigations from CICC and other institutions. According to the “Investor Relations Activity Record Form†disclosed on September 1, Qiu Minxiu received research and said that the market prospects for sapphire products are very promising.
At present, sapphire is mainly used in lighting LED substrates, high-end mobile phone mirrors, watch mirrors, military products and so on.
Qiu Minxiu said that Jingsheng Electromechanical's sapphire project equipment has arrived and started to install and debug. This time, the investment plan was raised and 100 million registered capital was added. By the end of the year, the total investment equipment has increased to nearly 192 units, mainly to 65kg. The amount of feed is mainly.
On August 8, Jingsheng Electromechanical Co., Ltd. and Zhonghuan Co., Ltd. (002129.SZ) increased their shareholdings in Inner Mongolia Jinghuan Electronic Materials Co., Ltd. according to their shareholding ratio. The registered capital was changed to 200 million yuan, of which Jingsheng Electromechanical holds 80% of the shares, and Zhonghuan holds 20% of the shares.
The first batch of 32 sapphire crystal growth furnaces of Jinghuan Electronics was officially put into mass production on August 8th, and the first 60kg grade sapphire crystal has been successfully grown.
Qiu Minxiu said that the number and progress of follow-up investment still need to be adjusted according to the market. Since the sapphire equipment is produced and processed by the parent company, the production cycle is short, the cost is low, and the flexibility is strong. When the production needs to be expanded, the production progress is faster.
Brokerage analysts have said that by the end of 2014, the sapphire furnace investment will reach 192, and the crystal rod production capacity will reach 12 million mm. After the production capacity of 12 million mm is reached, the estimated contribution income is 400 million yuan, and the total profit is 140 million yuan. Considering the problems of process commissioning in the initial stage of project launch, it is expected that the company's sapphire business will contribute a profit of about 0.5 to 100 million yuan next year.
On August 29, Jingsheng Electromechanical Co., Ltd. accepted investigations from CICC and other institutions. According to the “Investor Relations Activity Record Form†disclosed on September 1, Qiu Minxiu received research and said that the market prospects for sapphire products are very promising.
At present, sapphire is mainly used in lighting LED substrates, high-end mobile phone mirrors, watch mirrors, military products and so on.
Qiu Minxiu said that Jingsheng Electromechanical's sapphire project equipment has arrived and started to install and debug. This time, the investment plan was raised and 100 million registered capital was added. By the end of the year, the total investment equipment has increased to nearly 192 units, mainly to 65kg. The amount of feed is mainly.
On August 8, Jingsheng Electromechanical Co., Ltd. and Zhonghuan Co., Ltd. (002129.SZ) increased their shareholdings in Inner Mongolia Jinghuan Electronic Materials Co., Ltd. according to their shareholding ratio. The registered capital was changed to 200 million yuan, of which Jingsheng Electromechanical holds 80% of the shares, and Zhonghuan holds 20% of the shares.
The first batch of 32 sapphire crystal growth furnaces of Jinghuan Electronics was officially put into mass production on August 8th, and the first 60kg grade sapphire crystal has been successfully grown.
Qiu Minxiu said that the number and progress of follow-up investment still need to be adjusted according to the market. Since the sapphire equipment is produced and processed by the parent company, the production cycle is short, the cost is low, and the flexibility is strong. When the production needs to be expanded, the production progress is faster.
Brokerage analysts have said that by the end of 2014, the sapphire furnace investment will reach 192, and the crystal rod production capacity will reach 12 million mm. After the production capacity of 12 million mm is reached, the estimated contribution income is 400 million yuan, and the total profit is 140 million yuan. Considering the problems of process commissioning in the initial stage of project launch, it is expected that the company's sapphire business will contribute a profit of about 0.5 to 100 million yuan next year.
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