On the evening of (11), Guoxing Optoelectronics announced that the sixth meeting of the fourth board of directors of the company reviewed and approved the “Proposal on the Company's Purchase of Production Equipmentâ€.
According to the announcement, Guoxing Optoelectronics plans to purchase production equipment for the company's expansion project, with a total amount of RMB 44.496 million, which will help meet the expansion needs of the company's packaged devices, expand the product scale, and stabilize the company's LED devices in the domestic packaging industry. Its leading position, consolidate the domestic market and seize the overseas market share, enhance the company's comprehensive competitiveness and ensure the sustained growth of profit.
In 2017, the industry market sentiment showed an overall good trend. The LED general lighting market has huge development space. Guoxing Optoelectronics adheres to the concept of serialization and standardization development of high-end white light packaging, develops the white light packaging market, and maintains business with the top 10 domestic lighting manufacturers. Cooperation.
At the same time, the small-pitch LED display technology and market explosive growth led to a new round of display applications, and Guoxing Optoelectronics continued to increase.
It is understood that as early as December 2016, Guoxing Optoelectronics expanded its packaging and component projects, and the equipment has been put into production.
In the first quarter of 2017, Guoxing Optoelectronics further expanded the production scale of display devices to meet the market and sales growth demand, and consolidated the domestic leading edge of leading products such as small pitch.
With the successive release of production capacity to help sales growth, Guoxing Optoelectronics plans to continue to expand production in the second half of the year.
This year, Guoxing Optoelectronics will continue to develop upstream chip business through capital operation and scale expansion, and regard the layout of upstream chips as an important step for the company's development.
According to the current market situation, the price of Guoxing Optoelectronic LED chip products has room for improvement, and the price of packaged products has stabilized.
With the goal of “high-tech, internationalization and scaleâ€, Guoxing Optoelectronics continuously strengthens its operation and management, builds leading technology patents and product systems, strengthens cooperation with customers and expands the scale of LED packaging capacity to consolidate its technological leadership. to maintain product quality and stability, strengthen cost control, to maintain sustained and stable growth of the overall business.
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