According to East Crystal Electronics, the project intends to land 300 acres, the total investment of 1.2 billion yuan, 1.1 billion yuan investment in fixed assets, working capital 45 million yuan, the construction of sapphire crystal growth and open box (dig stick) workshop, and follow-up sapphire crystal cutting and grinding and polishing workshop. Completed two phases of the project, the end of 2012 to complete an investment, investment and the end of 2013 to complete all production. Project completion, annual output of 7.5 million can be formed with the sapphire LED chip production capacity, according to the current market price range of 200-250 yuan / piece, is expected to add annual sales income of 1.75 billion yuan, according to market average profit margin of 30 %, is expected to achieve 525 million yuan in total profits.
by this news, the stock opened today, the daily limit.
NetEase Finance February 24 hearing today, the East Crystal Electronic disclosure, the company intends to invest to establish a wholly owned subsidiary of East OPTOELECTRONICS to implement
(This article Source: NetEase Finance)
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