East Crystal Electronic (002 199) notice, the company intends to invest to establish a wholly owned subsidiary of Zhejiang Jiang Dongjing Optoelectronics Technology Co., Ltd. to implement "an annual output of 7.5 million LED technology projects with a sapphire wafer. "
Zhe Jiang Dongjing Optoelectronics Technology Co., Ltd. registered capital of 80 million yuan, the proposed 300 acres of land, with a total investment of 1.2 billion, of which 1.1 billion yuan investment in fixed assets (10 billion investment in equipment), working capital 45 million yuan, is divided into two Completed, the end of 2012 to complete an investment, the end of 2013 to complete all investment and production.
Project completion, annual output of 7.5 million can be formed with the sapphire LED chip production capacity is expected to add annual sales income of 1.75 billion yuan, annual profit and tax 730 million yuan.
Company said company's main business is the development of quartz crystal components, design and manufacturing, the technology, technology, equipment and marketing channels, with the LED industry has a lot of similarities between.
