Aoyang Shunchang: Full of confidence in the LED project

[High-tech LED News] On May 5th, Aoyang Shunchang (002245) 2010 online performance briefing session, in response to questions from netizens "LEDs predicted when the LED production is completed in 2012", Aoyang Shunchang Director Chang Shenxue said, "We are confident that we will do our best in LED projects."

Chen Hao, general manager of Aoyang Shunchang, is also full of confidence in the LED project. "We predict that the Led Lighting market will break out in 2012-2013. No matter whether the government subsidizes or not, the market demand will have a rapid leap."

It is understood that Aoyang Shunchang's main metal logistics distribution business announced this year officially entered the LED industry. According to its announcement on February 21 this year, "The company plans to invest in LED projects with a total investment of 1 billion yuan. The registered capital of the project company is 250 million yuan. It will invest 30 MOCVD epitaxial furnaces to carry out high-power blue and green. Development and manufacture of optical LED epitaxial wafers and chips.

On April 8, Jiangsu Aoyang Shunchang Optoelectronic Technology Co., Ltd., which implemented the LED project, was established. At present, the company has basically completed the selection of design, construction and suppliers, and reached a cooperation intention with the selected design institute, signed a memorandum of cooperation, and carried out preliminary design. The project is expected to begin infrastructure construction at the end of the second quarter.

According to the planning of Aoyang Shunchang, the LED industry will become the main business alongside the metal logistics distribution business in the future. The goal of this year's LED project is to basically complete the infrastructure, determine the equipment selection and sign the procurement contract, and the main technical team is in place. Currently in contact with foreign companies such as Veeco and Aixtron.

"The so-called overcapacity has water"

In a large number of listed companies, large-scale over-the-counter LED projects, such as Delixi, Sanan Optoelectronics, Tianlong Optoelectronics, Dehao Runda, etc., faced with the status quo of "a swarm of bees" on the horse, users questioned "whether the company is worried about it will appear Excess industry."

Chen Wei said, "The company recently visited dozens of LED manufacturers and found that the actual production capacity is not as much as we think. The so-called overcapacity has water. We studied the annual report of LED listed companies in 2010 and found that the company is profitable. In the same period, there is still a substantial increase. Moreover, any emerging industry, such as solar cells, may have overcapacity in some parts and stages, but overall there will be explosive growth."

Chen Hao stressed, "A good company never has to worry about overcapacity, not to mention the LED industry is still a fast-growing industry."

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