Dehao Runda Q1 net profit decreased by 6.1% year-on-year

Dehao Runda recently announced its first quarter 2012 results. The company's net profit attributable to shareholders of listed companies in the first quarter of 2012 was 61.424 million yuan, a decrease of 6.10% over the same period of last year, mainly due to the decrease in corporate subsidies during the reporting period compared with the same period of the previous year.

During the reporting period, the owner's equity of Dehao Runda's shareholders at the listed company increased by 58.75% compared with the end of the previous year. The net assets per share attributable to shareholders of the listed company increased by 31.54% compared with the end of the previous year, mainly due to the company's March 2012. The net proceeds from the non-public issuance of RMB ordinary shares (A shares) of 100 million shares were RMB 1.522 billion and the profit during the reporting period.

It is also known that in terms of MOCVD equipment, as of the disclosure date of this report, Wuhu Dehao Runda has received 50 MOCVD equipment, 14 of which have been commissioned and mass production, and the rest of the equipment is in the process of installation and commissioning. Yangzhou Dehao Runda has received 30 MOCVD equipments in succession, which is in the process of installation and commissioning.

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