On September 12, 2012, Tianlong Optoelectronics released the announcement on “Development Progress of LED MOCVD Projects of Holding Subsidiariesâ€, disclosing “At present, the process evaluation of equipment and the development of epitaxial processes have achieved significant phase results, process technology On the basis of this, Jiangsu Zhonghao signed a equipment sales contract with a customer for the first time through a wholly-owned subsidiary Zhonghao Optoelectronic Equipment (Shanghai) Co., Ltd. on September 11, 2012, which is scheduled to be completed in 2012. Start device installation and testing on the client before November 30th."
Recently, the company received a wholly-owned subsidiary of Jiangsu Zhonghao, the first large-scale production LED MOCVD equipment ProMaxy of Zhonghao Optoelectronic Equipment (Shanghai) Co., Ltd., which passed the production in Jiangsu Hanlai Technology Co., Ltd. in June 2013. Evaluation acceptance.
Among the key performance indicators, the acceptance report shows that Limax ProMaxy has a single-cavity capacity of 2 inches and 66 pieces, and the system capacity can reach 264 pieces; the wavelength uniformity of the blue chip is less than 1.5 nm, and the uniformity between the sheets in the furnace is <2.5 nm. The inter-wavelength repeatability is <2 nm; the non-doped gallium nitride has a mobility of 607 cm 2 /Vs. Through the above comprehensive verification and evaluation, each performance has reached or exceeded the verification and evaluation indicators, reaching the international leading level.
It is understood that in the global photovoltaic industry is very difficult in 2012, like the entire industry, Tianlong Optoelectronics has suffered an unprecedented crisis. The main business of the company and its subsidiaries are all around the photovoltaic industry, involving single crystal furnaces, polycrystalline furnaces, graphite thermal fields, quartz crucibles and other photovoltaic consumables, and the loss pressure is relatively large. In 2012, the company realized operating income of RMB 176,032,000, a year-on-year decrease of 79.09%; realized net profit attributable to the parent company of RMB -51,132,200, a year-on-year decrease of 921.27%.
In the face of severe market conditions, in 2013, Tianlong Optoelectronics adopted various means to strive to digest inventories, effectively use existing assets, form a cash flow, and strive to weather the storm. On the one hand, the company is fully stabilizing the existing PV business. On the other hand, it promotes the industrialization of new products based on the previous research and development basis, and strives to achieve the transformation from a single PV business. The diamond line and MOCVD developed by the company and its holding subsidiaries are among the most important projects. Since the beginning of this year, Tianlong Optoelectronics has further increased the research and development and experimentation of these projects, and gradually determined the appropriate structure to promote the industrialization of the project.
The interim results of Tianlong Optoelectronics announced at the same time show that it has continued the loss situation since last year. The company expects to lose 5 million yuan - 10 million yuan in the first half of this year. However, this data shows that with the implementation of a number of corporate initiatives, the company's operating conditions have improved. Compared with the loss of 526.596 million yuan in the same period last year, the loss amount has dropped sharply. Compared with the loss of 10.63 million in the first quarter of this year, the company is expected to turn losses in the second quarter of this year.
Recently, the company received a wholly-owned subsidiary of Jiangsu Zhonghao, the first large-scale production LED MOCVD equipment ProMaxy of Zhonghao Optoelectronic Equipment (Shanghai) Co., Ltd., which passed the production in Jiangsu Hanlai Technology Co., Ltd. in June 2013. Evaluation acceptance.
Among the key performance indicators, the acceptance report shows that Limax ProMaxy has a single-cavity capacity of 2 inches and 66 pieces, and the system capacity can reach 264 pieces; the wavelength uniformity of the blue chip is less than 1.5 nm, and the uniformity between the sheets in the furnace is <2.5 nm. The inter-wavelength repeatability is <2 nm; the non-doped gallium nitride has a mobility of 607 cm 2 /Vs. Through the above comprehensive verification and evaluation, each performance has reached or exceeded the verification and evaluation indicators, reaching the international leading level.
It is understood that in the global photovoltaic industry is very difficult in 2012, like the entire industry, Tianlong Optoelectronics has suffered an unprecedented crisis. The main business of the company and its subsidiaries are all around the photovoltaic industry, involving single crystal furnaces, polycrystalline furnaces, graphite thermal fields, quartz crucibles and other photovoltaic consumables, and the loss pressure is relatively large. In 2012, the company realized operating income of RMB 176,032,000, a year-on-year decrease of 79.09%; realized net profit attributable to the parent company of RMB -51,132,200, a year-on-year decrease of 921.27%.
In the face of severe market conditions, in 2013, Tianlong Optoelectronics adopted various means to strive to digest inventories, effectively use existing assets, form a cash flow, and strive to weather the storm. On the one hand, the company is fully stabilizing the existing PV business. On the other hand, it promotes the industrialization of new products based on the previous research and development basis, and strives to achieve the transformation from a single PV business. The diamond line and MOCVD developed by the company and its holding subsidiaries are among the most important projects. Since the beginning of this year, Tianlong Optoelectronics has further increased the research and development and experimentation of these projects, and gradually determined the appropriate structure to promote the industrialization of the project.
The interim results of Tianlong Optoelectronics announced at the same time show that it has continued the loss situation since last year. The company expects to lose 5 million yuan - 10 million yuan in the first half of this year. However, this data shows that with the implementation of a number of corporate initiatives, the company's operating conditions have improved. Compared with the loss of 526.596 million yuan in the same period last year, the loss amount has dropped sharply. Compared with the loss of 10.63 million in the first quarter of this year, the company is expected to turn losses in the second quarter of this year.
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