San An Optoelectronic Wholly-Owned Subsidiary Was Subsidized 89 Million 520 Thousand Yuan.
In the evening of January 12th, Sanan Optoelectronics (600703.SH) the announcement said that Wholly owned subsidiary Anhui San an photoelectric Co., Ltd. was received by the Wuhu municipal government. Equipment progress subsidy 89 million 520 thousand yuan.
Guoxin Securities reported that the company's high-power LED street lights basically use their own chips, packaging is mainly the way of subcontracting, this policy subsidy, marking the company's high-power LED chip technology gradually matured, it is expected that the performance of the next few years will grow significantly.
A report by Northeast Securities said that concentrating photovoltaic projects may become another main industry in the next few years, and the solar domestic market will have great potential in the future.
The company has accumulated some experience in concentrating photovoltaic production.
It is expected that the company's concentrating photovoltaic sector will make considerable achievements in 2012 and become a new business growth point for the company.
San an photoelectric 2010 reported in the first half of the year, San an photoelectric revenue 365 million yuan, an increase of 69.18% over the same period, net profit of 202 million yuan, an increase of 257.19% over the same period.
Among them, LED chip sales revenue of 245 million yuan, an increase of 38.34% over the same period, gross margin of products rose to 41.75%, an increase of 8.64 percentage points over the same period last year.
San an optoelectronics is the earliest, largest and best quality panchromatic ultra high brightness LED epitaxy and chip industrial production base in China.
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