Orient wholly-owned subsidiary successfully developed large-size sapphire crystal

Reid Optoelectronics Co., Ltd. (21.320, -0.29, -1.34%) Co., Ltd.

Announcement on the successful development of large-size sapphire crystals by wholly-owned subsidiaries

The board of directors and all directors of the company guarantee that there are no false records, misleading statements or major omissions in the contents of this announcement, and bear individual and joint responsibility for the truthfulness, accuracy and completeness of the contents.

Recently, 230-kilogram large-size high-quality sapphire crystal developed by Harbin Orient Optoelectronic Technology Co., Ltd. (hereinafter referred to as “Orient Limited”), a wholly-owned subsidiary of Orient Optoelectronics Co., Ltd. (hereinafter referred to as “the company”) Successfully launched at the Binxi production base.

I. Brief introduction

As an expert in sapphire crystal materials, Orient has successfully produced special equipment for sapphire crystal growth of more than 230 kg using its own patented technology “cold-hearted shoulder-micro-lifting method”. On this basis, after more than seven months of research, the company successfully solved a series of key technical problems such as twin crystals, sticking and cracking, which are prone to the growth of large-sized sapphire crystals, and first developed on June 11, 2016. 232 kg large size high quality sapphire crystal. The shape of the crystal is regular, the whole body is transparent, and the internal quality reaches the optical level. According to preliminary estimates, the crystal can produce a 4-inch ingot of about 3,000 mm or more.

Second, the impact on the company

1. Preparation of large-size sapphire crystals, especially large-sized high-quality sapphire crystals of more than 230 kg, is a major innovation and breakthrough in the field of sapphire crystal growth. The successful launch of the 230kg sapphire crystal is a major advancement in the growth of sapphire crystals. The technological innovation marks the development of Orient's independent independent research and independent innovation capability in sapphire crystals. The growth technology has reached the world's top level.

2. Orient Limited will carry out industrialization promotion work for this technology, combined with its advantages in low energy consumption of sapphire crystal growth, large crystal size and high material utilization rate, continue to reduce the cost of sapphire crystal growth and improve comprehensive production efficiency. To further enhance the company's core competitiveness, and will have positive significance for the company's future market expansion and performance growth.

Third, risk tips

Although the successful development of 230 kg sapphire crystal has obvious technical advantages, the future sales of new products will depend on the actual demand and development of the future market. There is still uncertainty in the market sales expansion. The company cannot predict its right. The impact of the company's operating performance in the future.

Investors are advised to make careful decisions, pay attention to prevent investment risks, and invest rationally.

Special announcement.

Orient Optoelectronics Co., Ltd.

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