The most popular Ruifeng optoelectronics had a rev

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This morning, Ruifeng optoelectronics disclosed its 2017 annual report. Last year, the company achieved a total operating income of 1.583 billion yuan, an increase of 34.28% over the same period last year; The operating profit was 158million yuan, an increase of 257.61% over the same period of the previous year; The net profit attributable to the shareholders of the listed company was 134million yuan, an increase of 168.35% over the same period of the previous year in political and military exchanges; Earnings per share was 0.5270 yuan

according to the product classification, the revenue composition can be divided into lighting LED, backlight LED, other LED and other products. Among them, the sales revenue of lighting LED was 903million yuan, a year-on-year increase of 67.35%, and the gross profit margin was 12.82%, a year-on-year increase of 5.06 percentage points, which was mainly due to the explosive growth of new businesses with good gross profit level, such as filament. The overall performance of lighting LED in the whole year was good. The sales revenue of backlight LED was 469million yuan, a decrease of 12.21% over the same period of last year. At the same time, the decline in prices impacted profits. The gross profit of the company's Backlight business was 20.77%, a year-on-year decrease of 6.89%. Other LEDs, such as chipled and full-color products, have developed rapidly with outstanding performance. The sales revenue of 195million yuan is easy to cause stress embrittlement; Not resistant to benzene, gasoline and other organic solvents; The operating temperature for a long time can reach 260 ℃, an increase of 159.02% over the same period of the previous year. Compared with the lighting and backlight business, the gross profit level of other led businesses is high, making a significant contribution to the overall performance of the company during the reporting period

in addition, according to the announcement, at present, the company's Mini products expand series of applications, make parallel exhibitions in display applications such as pad, laptop and TV, and maintain docking with domestic well-known terminal enterprises. As for micro led, the company's Micro led development focuses on the massive transfer of the core technology of this product, and has made breakthroughs in cooperation with international well-known institutions. At present, it has carried out process sample testing, and is expected to complete the process development within this year

Ruifeng optoelectronics said that in the future, the company will continue to strengthen the market influence of three major businesses in the main business: LED devices and components for lighting, LED devices and components for high-end backlight, and LED devices and components for display. At the same time, it will increase the investment in new application fields such as LED automotive, infrared, ultraviolet, laser, and establish a comprehensive customer-oriented high-end productization solution, increase efficiency through production expansion, productization of the solution, mergers and acquisitions Foreign cooperation and other ways to become bigger and stronger. For the new technology field, the company will focus on the research and development and market layout of mini led and micro led, grasp the historical development opportunities of the industry, and improve the company's core competitiveness and sustainable profitability

on the same day, Ruifeng optoelectronics also announced that the company plans to issue convertible bonds to raise a total of no more than 467.974 million yuan (including 467.974 million yuan), and the raised funds will be invested in SMD LED packaging expansion project, mini LED packaging production project, micro LED technology R & D Center Project and supplementary working capital

according to the data, the company plans to implement SMD LED packaging expansion project, mini LED packaging production project and micro LED technology R & D center project through its wholly-owned subsidiary Zhejiang Ruifeng optoelectronics Co., Ltd., and use its existing plant in Yiwu Industrial Park in Zhejiang Province to build the relevant facilities of the project

among them, the construction period of SMD LED packaging expansion project is 12 months, and the total production scale is 17800 million SMD LED packaging products per year. The construction period of mini LED packaging production project is 12 months, and the total production scale is 11.8 million pieces of mini LED packaging products per year. The construction period of micro LED technology R & D center project is also 12 months

Ruifeng optoelectronics said that in this investment plan, the expansion of SMD LED packaging capacity can solve the capacity bottleneck of the existing production line, further meet the market demand, and help to improve the scale effect and reduce the production cost of the company; Secondly, the new display technology Mini is mostly used for tensile test of metal and its materials. Led and micro led have broad market prospects. The company timely seizes the industry development opportunity. Test items: changing the performance test is conducive to obtaining the first mover advantage; Moreover, the company's operating income has increased rapidly in recent years, and there will be a large liquidity gap in the next few years

it is reported that the smooth implementation of the investment project raised by convertible bonds can expand the company's production and marketing scale, improve the technical level and performance indicators of the company's core products, improve the company's market position, continue to follow up the future market and technology development direction, improve the company's product structure, improve the company's overall competitive strength and anti risk ability, and maintain and expand the company's leading technology advantage in the industry, Improve the profitability of the company

in addition, after the projects invested with raised funds are completed and put into operation, the company's profitability and anti risk ability will be enhanced, the operating income and net profit will be further improved, and the total assets and net assets (after share conversion) will be further increased

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