Huacan Optoelectronics' net profit for the first half of 2013 decreased by 61% year-on-year

Huacan Optoelectronics released its first half of 2013 performance report. The company's total operating income was 112 million yuan, down 40.42% from the 187 million yuan in the same period of last year. The net profit attributable to shareholders of listed companies was 14.29 million yuan, compared with 37.09 million in the same period of the previous year. The yuan fell by 61.47%; the basic earnings per share was 0.05 yuan, down 68.75% from the previous year's 0.16 yuan.

In addition, Huacan Optoelectronics held the resolution of the 23rd meeting of the first board of directors, intending to use its own funds of RMB 50 million to increase its capital to Huacan Optoelectronics (Suzhou) Co., Ltd., a wholly-owned subsidiary, to meet “Huacan Optoelectronics (Suzhou) ) The construction of the first phase of the LED epitaxial chip construction project. After the capital increase, the registered capital of the subsidiary increased from 300 million yuan to 350 million yuan.