On March 22, Guoxing Optoelectronics (002449) released its 2016 annual report. During the reporting period, the company achieved revenue of 2.418 billion yuan, a year-on-year increase of 31.54%; net profit of returning home was 192 million yuan, up 20.02% year-on-year; The net profit of shareholders minus non-recurring gains and losses was 168 million yuan, an increase of 27.89% over the same period last year. Seize the market demand to expand RGB package As the first packaging enterprise in China to produce 0808 lamp beads, Guoxing Optoelectronics has leading technology and stable product quality. The company seized the opportunity of rapid growth in the market with small spacing in 2016, and invested in a fully automated packaging expansion project with no more than RMB 1.05 billion in self-owned funds to achieve the domestic leading edge of 1010 lamp bead production capacity. As the spacing of small-pitch LED display screens continues to shrink, the number of beads per unit area increases exponentially, placing higher demands on the reliability of the lamp bead. Guoxing Optoelectronics' small-pitch RGB package quality is reliable, and it has close relationship with downstream display application companies. Through the efforts of the whole industry chain, the reliability of small-pitch LED display screens is promoted, which drives the rapid development of the whole industry. The company's advantage as a small-pitch package will benefit from the growth of the industry and the increase in concentration. Continuous product technology innovation, New Products continue, lay the foundation for future business growth. The company participated in the project of “complex surface thermal functional structure and feature design and controllable key technologyâ€, and was awarded the “2016 National Science†by the State Council of the People's Republic of China. Second Prize of Technology Progress Award." At the same time, Guoxing Optoelectronics added a total of 65 patent applications. Based on the 1010 lamp beads, small-sized indoor 0808/0606 and outdoor high-defense high-density 1921 lamp beads have been developed. The small spacing of LEDs shows that the trend of industry point spacing is very obvious. Guoxing Optoelectronics has completed the research and development and technical reserve of new products such as 0606 and 1921, laying the foundation for future business growth. Chip business segment capacity increased by 40% Foshan Guoxing Semiconductor and Zhejiang Yaweilang achieved a 40% increase in capacity through technological innovation and equipment upgrades while the number of MOCVD machines remained unchanged. However, due to the fierce price competition in the LED chip industry in the first three quarters of 2016, and the increase in research and development expenses, Guoxing Semiconductor and Yaweilang lost RMB 35,739,100 and RMB 26.691 million respectively. In the fourth quarter of 2016, the price of the chip stabilized, and some of the specifications of the industry's leading companies increased their prices. The chip market is expected to pick up. In the context of the industry's recovery, National Star Semiconductor and Yaweilang are expected to turn losses. Layout new areas such as UV, IR and automotive The holding subsidiary Yaweilang Technology 365mm violet horizontal structure products lead performance. Invested in RaySent Technologies to build third-generation semiconductor-related technologies and products based on silicon substrates. The company's automotive Lighting module has passed GT16949 parts certification. The company has strong research and development capabilities and abundant new technology reserves. SHENZHEN CHONDEKUAI TECHNOLOGY CO.LTD , https://www.szfourinone.com