In the first half of the year LED listed company financial statements summary

I. Operation of Sanan Optoelectronics in the first half of 2013

Sanan Optoelectronics' operating revenue for the first half of 2013 was 1.674 billion yuan, an increase of 22.13% over the same period of the previous year; net profit attributable to owners of the parent company was 462 million yuan, a decrease of 0.70% from the same period last year; attributable to shareholders of the parent company Net profit after deducting non-recurring gains and losses was RMB 405 million, an increase of 33.47% over the same period of the previous year; basic earnings per share was RMB 0.32, unchanged from the same period of the previous year. The net assets attributable to listed companies were RMB 6.215 billion, an increase of 2.87% over the same period of last year.

Downstream demand was strong and the company's products were fully sold. In the first half of 2013, the company’s LED chip business was in strong demand. The company not only actively opened up its equipment, but also gave full play to its own technological advantages. It strived to increase the efficiency of equipment operation, improve product structure, further reduce production costs, and increase the company’s product market. Share. At present, the company's wholly-owned subsidiary MOCVD equipment has exceeded 130 full-scale production status. As the company's technology is further improved, the production capacity will be further released, and the scale effect will be further reflected.

We are optimistic about the prospects for the development of the industry and the company restarts the Wuhu fundraising project. In the face of strong market demand for LED, the company decided to raise funds from non-public issuance of shares to launch the Wuhu Optoelectronics Industrialization (Phase II) project, in which the Sanan Group will subscribe for 10% of the total non-public offering of shares in cash. At present, the application materials for raising funds have been basically completed and will be reported as soon as possible. In addition, Xiamen Sanan, a wholly-owned subsidiary of the company, will newly purchase 20 advanced single-cavity machines or 5 four-cavity concentrators GaN MOCVD equipment and expand some LED chip production lines.

Acquisition of overseas companies to enhance their core competitiveness. In order to realize the strategic development goals of the company, the company acquired 100% equity of Luminus Devices, Inc. of the United States for US$22 million. The acquisition is conducive to further enhance the company's LED epitaxy and chip core technologies and channels, expand the scale of sales in the international market, and is more conducive to further increase the company's overall industrial layout, enhance the core competitiveness of the LED application market, extend the application of products, To lay a solid foundation for the company's LED industry strategy as a whole, and gradually realize the company's LED industry as a whole.

II. Operation of BDO Runda in the first half of 2013

BDO Runda semi-annual report shows that the company's main business is small household appliances and LED, the overall downturn in the macroeconomic situation has adversely affected the company's operations. In the first half of 2013, the company achieved operating income of 1.353 billion yuan, an increase of 10.52% over the same period of the previous year, and a net profit attributable to the shareholders of the listed company was 50.504 million yuan, a decrease of 59.38% from the same period of the previous year.

In the first half of 2013, BDO Runda's main business remained unchanged, and it still maintained the pattern of small household appliances and LED dual main business.

1. Small Appliances Business In the first half of 2013, due to the continuous appreciation of the RMB, the economic downturn, and the intensified market competition, the company’s orders for export of small household appliances have declined, and its operating income has dropped by approximately 20.96% over the same period of last year. Domestic sales of small household appliances were sold under the “ACA North American Electric” independent brand, and the sales revenue was 81.843 million yuan, a decrease of 9.08% from the same period of last year.

2. LED business In the first half of 2013, the company's LED business made great progress. The company's chip production capacity began to be released in batches, and chip sales reached 168 million yuan, a substantial increase of 536.55% over the same period of last year, which was almost equivalent to the sales amount of last year. . Significant progress has been made in the development of new products, and flip chip "Northern Lights" has begun shipments in small quantities. In the first half of 2013, the company's integration with NVC Lighting progressed smoothly. The company received a license from NVC Lighting. The company's LED lighting products have also begun to enter NVC lighting channels for sales. In the first half of 2013, sales revenue of LED application products increased by 60.79% over the same period of the previous year.

III. Operation of Huacan Optoelectronics in the first half of 2013

Huacan Optoelectronic semi-annual report shows that during the reporting period, the company's LED chip production volume increased by 90.68% over the previous year, and the sales volume increased by 62.01% over the previous year, but the average selling price of LED chips decreased by 63.43% over the previous year. Affected by the price drop, the operating income during the reporting period was 111.8402 million yuan, a decrease of 40.42% compared with the same period of last year. The operating profit was -477.118 million yuan, a decrease of 290.76% compared with the same period of last year. The total profit was 27.9081 million yuan, a decrease of 35.88% compared with the same period of last year; Achieved a net profit of RMB 14,290,500, a decrease of 61.47% over the same period of last year; the net cash flow from operating activities was RMB 73,993,200, an increase of 56.45% over the same period of last year.

During the reporting period, the company's business revenue mainly comes from the revenue of LED chips. In the report period, the sales volume of LED chips increased by 62.01% over the previous year, of which, the sales volume of chips used for display screens increased by 45.19% over the previous year. The packaged Blu-ray chip has grown by 288.81%. However, as the average price of LED chips decreased by 63.43%, the revenue of LED chip business decreased to 40.42% from the previous year.

IV Dry Photoelectricity Operation in the First Half of 2013

Ganji Optoelectronics semi-annual report shows that in the first half of 2013, the company achieved operating income of 222 million yuan, an increase of 14.96% over the same period of the previous year; the current period costs 28759607.12 yuan, an increase of 43.57% over the same period last year, This was mainly due to the increase in investment in R&D projects during the period; the total profit was 59,196,063.39 yuan, a decrease of 20.50% compared with the same period of last year; and the net profit attributable to the common shareholders of listed companies was 50,382,089.74 yuan, a decrease of 20.99% over the same period of last year. The cash flow from operating activities in the current period was a net inflow, which represented a significant improvement over the same period of the previous year, mainly due to the substantial increase in cash receipts received from sales of goods in the current period. In the first half of 2013, Qianzhao Optoelectronics mainly conducted the following tasks:

1. Improve the company's management system and improve the company's management level In the first half of 2013, the company's operating scale and sales area continued to expand, the company's management system and organizational structure were continuously optimized, and the company improved its management system. The company has optimized the establishment of the mechanism, strategic planning, organizational design, operation management, capital management and internal control management, strictly implemented the company's management system, improved the company's management level, made the company's management more standardized, and created an efficient and standard Corporate environment.

2. Integrate resources, expand business scope, and provide better services to customers In the first half of 2013, the wholly-owned subsidiary Xiamen Ganzhao Optoelectronics Technology Co., Ltd. began operations, and actively expanded its business scope and continuous integration of product resources based on the platform. In order to achieve complementary resources, broaden the market area, to provide customers with more comprehensive and high quality services, in order to enhance the company's brand awareness, the company's further development.

3. Do a good job of talent reserve, improve the information management system, and actively promote the development of the company. The company's operating scale and sales area continue to expand. The company’s demand for talents in management, technology, marketing, and production is also increasing. Channels introduce talents while focusing on the cultivation of talents. The company implements the performance appraisal mechanism, rationally optimizes the employee growth plan, prevents the loss of the company's talents, fully mobilizes its enthusiasm, and taps the employees' innovative capabilities to provide effective support for the company's further development. At the same time, the company continued to upgrade information management systems and introduced more refined management systems.

4. The company continued to strengthen its R&D investment and upgrade its core competitiveness The company has always attached great importance to R&D investment, focused on technological innovation, and adhered to the corporate culture of “Forge ahead in Unity, Focus on Innovation, Sincerity, Seeking Truth, Pursue Win-win”. At the same time, the company actively develops foreign cooperation and exchanges, introduces various types of high-level innovative talents, promotes the integration of production and research, and continuously enhances the company's ability to innovate. In the first half of 2013, the company continued to strengthen investment in R&D, ensured its core competitiveness, obtained 5 patent licenses, and obtained a new one-registered trademark authorization and two new trademark applications.

V. Silan Micro Management in the First Half of 2013

According to the Shilan Semi-annual Report, in the first half of 2013, the company’s total operating revenue was 746.76 million yuan, an increase of 20.05% over the same period in 2012; the company’s operating profit was 17.04 million yuan, an increase of 169.33% over the same period in 2012; The total profit was 38.1 million yuan, an increase of 190.01% over the same period of 2012; the company's net profit attributable to shareholders of the parent company was 37.12 million yuan, an increase of 263.57% over the same period of 2012.

In the first half of 2013, the company's business activities have been greatly improved. The company's operating income in the second quarter has reached 442 million yuan, setting a record for the highest single-quarter operating income in history. The company has gradually emerged from the low point of development in the past three years, showing a steady improvement. The company can gradually emerge from the impact of the European debt crisis, and once again step into the rising channel, which is inseparable from the company's long-term adherence to "technology research and development investment, production capacity building, brand building." At present, the company has developed unique high-voltage, high-power integrated circuits, devices, and MEMS sensors in the IDM mode. With a special process platform and vertically integrated business model, the company has achieved continuous technological innovation, product innovation and brand innovation. The following describes the operation of Silan Microelectronics, Silan Integration and Shilan Mingxin in the first half of 2013:

Silan Microelectronics:

In the first half of 2013, Silan Microelectronics achieved operating revenue of RMB 515.25 million, an increase of 20.71% over the same period of 2012, and a net profit of RMB 66.6 million, an increase of 78.58% over the same period of 2012.

In the first half of 2013, the shipments of Silan Microelectronics' power management ICs, discrete device chips, and power device products increased significantly compared to the same period of last year, and led to rapid utilization of Silan integrated chip production lines and packaging lines. Promote.

In the first half of 2013, Silan Microelectronics successfully launched a variety of intelligent power module (IPM) form factors and corresponding series of products, which have advantages such as good heat dissipation, high insulation, and good reliability. The products are at the leading domestic level. . Through the active cooperation and repeated verification of customers, the smart power modules developed by Silan Microelectronics have passed rigorous testing and introduced mass production in various fields.

In the first half of 2013, Silan Microelectronics made good progress in the research and development of IGBTs, MEMS sensors, a new generation of LED large-screen display control and drive systems and circuits, and digital audio and video chips and systems.

In the first half of 2013, the "High-Definition Real-Time Video Surveillance SoC R&D and Application" project, led by Silan Microelectronics, has been approved by the National Nuclear and Energy Infrastructure Management Office of the Ministry of Industry and Information.

Silan integration:

In the first half of 2013, Silan Integrated achieved revenue of RMB 433.21 million, an increase of 36.37% over the same period of 2012, and realized a net profit of RMB 50.45 million, an increase of 513.54% over the same period of 2012. The major reasons for the significant increase in Shilan's integrated net profit are: sales of power management ICs, discrete device chips, and power device products led by the growth of downstream segments such as LED lighting and smart terminals, and the improvement of the US and European economies. The rapid growth brought about a rapid increase in the utilization rate of Silan's integrated production capacity, resulting in a significant increase in Silan's integrated profitability.

In the first half of 2013, the operational quality of Silan integrated chip production lines and packaging lines was further improved. In June 2013, the monthly output of Silan integrated chips exceeded 150,000 pieces, and the monthly packaged capacity of power devices has reached 23 million. In the first half of 2013, Silan Integration has started to expand its production capacity. It plans to increase the production capacity of the chip production line to 180,000 pieces per month by the end of this year, and the power module packaging capacity will increase to 500,000 per month. In the first half of 2013, Silan continued to make progress in the research and development of high-voltage integrated circuit technology, IGBT, MEMS and other new technology platforms.

Shilan Mingxin:

In the first half of 2013, Shilan Mingxin achieved operating income of 74.47 million yuan, a decrease of 8.61% from the same period in 2012, and a net profit of -26.31 million yuan, a decrease of 161.31% from the same period in 2012. The main reason for the increase in the loss of Shilan Mingxin was: In the first half of 2013, due to market competition, the price of LED chips continued to decline substantially compared with the end of last year (but with the LED lighting market entering a period of rapid start-up, it is expected that LED chip prices will stabilize in the second half of this year.

In the first half of 2013, Shilan Mingxin continued to make greater efforts in the construction of outreach capacity, process improvement of PSS substrates, improvement of chip quality, etc. despite continuous operational pressures. progress. In June 2013, a 4-cavity MOCVD equipment purchased from Applied Materials in the previous phase of Shilan Mingxin was put into production. So far, 15 large-scale MOCVD equipment invested by Shilan Mingxin's previous fundraising project have all been put into production. The actual output reached the design capacity of the previous raised investment project. In June 2013, Shilan Mingxin produced 58,000 pieces of LED epitaxial wafers, and the output of LED dies exceeded 1.3 billion, with a production and sales rate of 99.2%. In June 2013, the sales revenue of Shilan Mingxin LED chips for lighting has already accounted for 1/3 of monthly sales revenue. With the expansion of production capacity, the production cost of Shilan Mingxin has been further reduced. It is expected that the sales revenue of Shilan Mingxin will increase substantially in the second half of 2013 compared with the first half of 2013, and the profitability will be improved.

In the first half of 2013, Shilan Mingxin Subsidiary, Hangzhou Meikale Optoelectronics Co., Ltd. realized an operating income of 24.15 million yuan, an increase of 7.39 times over the same period of last year; a net profit of -3.47 million yuan, a decrease of 146.90% over the same period of last year . The main reason that led to the decrease in the profits of the United States and Mexico is: In response to the rapid increase in the number of orders, the initial investment in the production and management of the United States Carde increased accordingly. In the first half of 2013, the quality of the products of the Meca music products remained stable, and the product performance was continuously improved (has reached the level of major international manufacturers). As a high-end brand in the field of LED packaging, the Mecaile brand has gradually been recognized by many domestic and foreign brand customers. , The sharp increase in future orders can be expected. With the further expansion of the scale of production and sales, it is expected that the entire year of 2013 will be profitable.

VI. Operation of National Star Optoelectronics in the First Half of 2013

According to the semi-annual report of National Star Optoelectronics, in the first half of 2013, National Star Optoelectronics achieved an operating income of 549,929,900 yuan, an increase of 23.12% over the same period of the previous year; operating profit of 40,577,600 yuan, an increase of 0.05% over the same period of last year; attributable to the owners of the listed company The net profit of 49,844,100 yuan, an increase of 18.43% over the same period of the previous year; achieved earnings per share of 0.12 yuan, the weighted average return on net assets was 2.36%, net operating cash flow per share was 0.16 yuan, product gross profit margin 26.14% . As of June 30, 2013, the total assets of the company were 327,078,200 yuan, an increase of 3.76% from the beginning of the year.

1. The company's key project construction projects have been completed and put into use. In the first half of 2013, the project construction of the company's new plant at Huabao South Road is nearing completion. Currently, the installation of mechanical and electrical equipment and interior decoration have entered the final stage. It is expected that the production plant area can be delivered by the end of August 2013. At the same time, the company's subsidiary company Guoxing Semiconductor's epitaxial wafer project, the plant construction has been completed and has been delivered for use, equipment installation and debugging is completed successfully, production technology is determined, it is expected that epitaxial wafer products will be mass production at the end of September.

2. The brand and channel construction continue to advance. In the first half of 2013, the brand and channel construction projects of the company's over-raised capital investment projects steadily advanced. LED lighting product operation centers were established in Beijing, Hunan, Shandong, and Anhui, and a lighting product promotion conference was held. It is expected that in the second half of 2013, the company will also establish at least five LED lighting operation centers and hold lighting product promotion conferences accordingly.

3. The capacity for independent intellectual property innovation and R&D has been further improved. In the first half of 2013, the company’s R&D center set up a special project team to increase R&D efforts for the company’s key markets for display devices, white light devices for lighting, display modules, backlights, and lighting terminal products. Solid support. In terms of patent applications, as of the end of June 2013, the company had a total of 195 granted patents, including 185 domestic authorized patents and 10 overseas authorized patents. Among them, 20 were granted for invention patents, including 16 domestic authorized invention patents and 4 U.S. authorized invention patents.

4. Progress of major non-raised funds investment projects.

(1) The 22nd meeting of the second session of the Board of Directors held on January 16, 2013 reviewed and approved the Proposal on the Capital Increase of Xurui Optoelectronics Co., Ltd. China Star Optoelectronics Co., Ltd. will invest 50 million yuan in Xu Rui Optoelectronics Co., Ltd. to increase the share of the existing share capital by 4.0966:1. After completion of the capital increase, Guoxing Optoelectronics will hold Xu Rui Optoelectronics Co., Ltd. Limited 60.55% equity. At present, the shareholders of Xu Rui Optoelectronic are conducting further consultations on the details of the capital increase.

(2) The company's self-owned vanadium project in Nanyang, Henan Province, which is funded by the company, will formally enter the implementation stage after the framework agreement and its sub-agreements on the implementation of the adjustment project are successively signed and completed and the corresponding industrial and commercial changes have been completed.

VII. Operation of Ruifeng Optoelectronics in the first half of 2013

Ruifeng Optoelectronic semi-annual report shows that in the report period, the company achieved operating income of 294,438,800 yuan, an increase of 67.01%; net profit of 2,618.21 yuan, an increase of 31.61%; net cash flow from operating activities: 3 321,550 yuan, a year-on-year decrease of 26.52%.

In the first half of 2013, the large-size backlight market benefited from the popularity of LED LCD TVs and the increasing proportion of large-size TVs, which led to the increase in the average number of LED backlighting applications. In the first half of 2013, the sales volume of medium and large-size backlight LED products was 135 million yuan, a year-on-year increase of 112.55%.

In the lighting market, with the further implementation of the national "energy-saving subsidies" policy, the "Semiconductor Lighting Energy-saving Industry Plan" formulated by the National Development and Reform Commission, the Ministry of Science and Technology, the Ministry of Industry and Information, the Ministry of Finance, the Ministry of Housing and Urban-Rural Development and the six major ministries of the General Administration of Quality Supervision, Inspection According to the announcement, some traditional lighting companies have increased the promotion of LED lighting, and the lighting market has also come out of the plight of the second half of 2012 with the explosion of commercial lighting and the start of indoor lighting, and strong downstream application demand.

In the first half of 2013, in order to better serve customers and expand the company's product types and product application areas, the company established a small-size backlight business division. During the reporting period, sales of small-size backlight products were RMB 10,655,500.