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LED chip production greatly improved Jucan Optoelectronics' net profit in 2021 increased by 728% year-on-year

LED chip production greatly improved Jucan Optoelectronics' net profit in 2021 increased by 728% year-on-year

Jiwei Network News On January 28, Jucan Optoelectronics released its 2021 annual report, saying that the company's operating income in 2021 was 2.009 billion yuan, an increase of 42.83% year-on-year; the net profit attributable to the shareholders of the listed company was 177 million yuan, an increase of 728.43% year-on-year.

LED chip production greatly improved Jucan Optoelectronics' net profit in 2021 increased by 728% year-on-year

In 2021, Jucan Optoelectronics' annual OUTPUT of LED chips was 18.94 million pieces, an increase of 63.12% over 11.61 million pieces in 2019 and an increase of 36.83% over 13.85 million pieces in 2020. After the funds were raised, the company actively promoted the implementation of the "high-efficiency LED chip expansion and upgrading project", optimized and adjusted the product structure while achieving a rise in production capacity, and focused on high-end LED chips represented by Mini LED, automotive flip chips, high-quality lighting, and plant lighting. At the end of the reporting period, the production capacity has been increased in stages, and the production capacity will be accelerated in the future as the project advances.

At the same time, Jucan Optoelectronics continued to increase investment in product research and development and technological innovation, and the gross profit margin of its main business products increased by 6.79% over the previous year, with a growth rate of 33.07%. The company in the field of high-end LED chips such as high light efficiency, backlight, high voltage and flip-up has been in the domestic front-line level, the R & D team successfully solved the technical difficulties of poor yield of new composite substrates, greatly improved the performance of chip products; continuously optimized the process technology, shortened the epitaxial wafer crystal program length, improve the chip circulation speed, and effectively enhance the competitiveness of the product market. Mini LED products have passed customer verification, silver mirror products through the design of specimens, and the Chinese Academy of Sciences Semiconductor Research Institute jointly developed high-bandwidth GaN-based visible light communication chip is progressing smoothly, with the newly purchased MOCVD equipment and chip process equipment in place, the new product mass production can be expected.

Relying on advanced industry technology, stable product quality, and perfect after-sales support, Jucan Optoelectronics products have won the close cooperation and high recognition of well-known LED packaging and application manufacturers at home and abroad, such as Seoul Semiconductor, Taigu Optoelectronics, Hongli Zhihui, Mulinsen, etc., and have become its important Supplier of GaN-based high-brightness chips, establishing a high reputation and reputation in the industry.

(Proofreading/New)

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