G20-LED Lighting Summit member company - Jingke Electronics (836789) recently released the "Fixed Assets Investment Announcement", in order to further expand the company's operating scale, to meet the needs of customers' substantial increase in orders, according to the company's current packaging light source production line capacity, increase The production capacity of the relevant production equipment is expanded. The total investment of the equipment purchase plan is 65 million yuan, and the accumulated investment has been 45.62 million yuan.
With the large-scale development of the LED industry, major changes have taken place in the international and domestic industrial landscape. The scale of upstream and downstream production capacity of LEDs in China has rapidly increased, and international LED application companies have begun to actively seek strategic partners in the mainland.
As Jingke Electronics' technology and operation are suitable for the mid-to-high-end product market, adapting to cooperation with international large enterprises can provide good product services, which provides a good opportunity for the company's development. In view of the current mature market of LED lighting and TV backlight, the company plans to fully expand the package light source production line to meet the needs of new customer orders, supported by the large customers' expected orders.
The full expansion of the production line capacity is mainly due to the company's steady growth in orders for current lighting and backlight customers, and the implementation of this fixed asset investment by the large customers in the negotiations in the coming year.
Jingke Electronics said that the implementation of this fixed asset investment is mainly to further expand the company's sales scale, truly realize the company's scale effect, and at the same time help to reduce the production cost of products, optimize customer structure, enhance market competitiveness, and enhance product quality. Strengthen your own strength and enhance the company's development potential and ability to resist risks.
The expansion of Jingke Electronics is based on the company's good business performance in the first half of this year.
In the first half of the year, the company achieved operating income of 244.16 million yuan, an increase of 262% over the same period of last year, and realized operating profit of 13.49 million yuan, an increase of 221% over the same period of last year; net profit of 17.72 million yuan compared with last year. It increased by 305% during the same period.
In the current environment where LED packaging is still in the process of increasing revenue and not increasing profits, the performance also reflects the continuous technological innovation investment of Jingke Electronics.
Xiao Guowei, chairman of Jingke Electronics, said that in the future, Jingke’s focus will be on product development and market development, through the power of capital to expand its main business, attract more resources to support, and horizontal and vertical from the industrial chain. Seek more opportunities for cooperation in the extension. Through the cooperation mode of capital, the scale of development of Jinke Electronics will be rapidly expanded.
“Jingke Electronics has successfully completed the first round of fixed growth after listing the new three boards, and achieved the expected goals, which can meet the current capital needs for expansion and development. I believe that as long as the company has investment value, it will certainly attract investment. The eyes of institutions and investors.†In Xiao Guowei's view, the level of China's LED technology and products has been very close to international standards, and even reached the international leading level, which can be favored by the international market through the cost performance of products.
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