Dongjun Laser GEM IPO first application for 20th meeting

[High-tech LED News] Gaogong LED reporter learned from the website of the China Securities Regulatory Commission that the application for the IPO of Dongjun Laser GEM will be held on the 20th.

Founded in 2001, Dongjun Laser is jointly invested by Dongguan Dongjun Group Co., Ltd. and Southwest Institute of Technical Physics. It is a company engaged in the research and development of laser crystal materials. Its main products include YAG series laser crystals, sapphire crystals, and scintillation crystals. .

According to the data of the prospectus, Dongjun Laser intends to publicly issue 20 million shares outstanding, accounting for 25% of the total, and the total share capital after the issuance is 80 million shares. After the funds are raised, the “Artificial Crystal Construction Project” and the “Technology Center Construction Project” will be invested as planned. Among them, the planned investment amount of the artificial crystal construction project is 109.6602 million yuan, and the investment amount of the technical center construction project is 32.74 million yuan.

Dongjun Laser said that after the completion of the fundraising project, “not only will the company further expand its scale advantage in laser crystals, but the company will also become one of the major suppliers of domestic sapphire crystals, the company’s market size in optoelectronic crystal materials and Market position will continue to expand and consolidate."

According to public information, the important growth point of Dongjun's future revenue is sapphire crystal products. The company's sapphire crystal products have been partially scaled up in 2011. At present, the company's sapphire crystal products are mainly sold with sapphire crystal rods and sapphire blank wafers.

In the second half of 2010, the company's sapphire ingot yield was 93%; the sapphire crystal rod yield was 71.5%; the 2-inch blank wafer yield was 63.84%. In late 2010 and the first half of 2011, the company purchased new products. 42 sapphire crystal production furnaces were used for production. Due to production operation and commissioning, the company's sapphire ingot production rate was 83.94% in the first half of 2011; the sapphire crystal rod yield was 67.63%; the finished 2 inch blank wafers The rate is 51.38%.

Although the indicators are lower than the second half of 2010, the company's comprehensive gross profit margin for sapphire crystal products in the first half of 2011 still reached 30.71%. At the same time, the company's sapphire crystal products in the first half of 2011 realized revenue of 11.1 million yuan, an increase from 2010. 360.52%, the production and sales rate reached 93.13%, reflecting the market's recognition of the company's product quality.

However, as the company's sapphire crystal production is in the early stage of large-scale production, a large number of new production equipments are being purchased one after another. It still takes some time for the equipment to be commissioned and trained for production workers. In the future, whether it can maintain and further improve the maturity of the technology. And the stability of product quality will directly affect the yield of the product, which will have a greater impact on the issuer's performance and competitiveness.

Fu Jianwei, director of Chengdu Dongjun Laser Co., Ltd., said in an interview with Gaogong LED reporter that the two problems that most worried him were: first, the current situation of real MOCVD equipment in China (operating rate); second, the industry is widespread Looking forward to when the LED enters the civilian lighting market will detonate.

In the process of the big waves, who can get the gold key step to see the technology. The company independently develops, designs and manufactures sapphire equipment. After five or six years of research and development, the company has core competitiveness. As the helm of Dongjun Laser, Fu Jianwei is optimistic about the future. Even if the situation may be grim in the future, Dongjun Laser will be on the market. Maintain a calm mind and calm observation. "The most important thing is to do your own thing and maintain good interaction with customers."

Dunke Disposable Vape Pod Vape

Disposable vape podDisposable vape podDisposable vape podDisposable vape podDisposable vape podDisposable vape pod

randm 9000puffs vape puffs

Nanning Nuoxin Technology Co., Ltd. , https://www.nx-vapes.com

This entry was posted in on