Century Epitech strategic adjustment

LED industry leap

In 2005, Century Epitech Compound Semiconductor Industrial Base and the state came into being. Company plans to invest 5 years about 320 billion yuan, the base into China and the world's largest optoelectronics industrial base.

Second half of 2009, the World Epitech the original planning strategic adjustments, "which is given to us on the photoelectron strategic assessment of emerging industry trends and the current national defense military equipment, new products, economic development, the urgency of the compound semiconductor needs. "

Century Epitech responsible person, completed within the current base of plants with 1, 2 factories and an R & D center, two main production plant upstream LED wafer industry chain, chips and other core products, in addition to semiconductor lighting products in the downstream production and sales, middle part of the package run on the optical stability of Zhenjiang, Jiangsu subsidiary of the company.

In 2010, Century Epitech production value was 3 billion yuan, of which LED core products and raw material prices due to lower price LED products, to break even, steady run optical access net profit more than 2200 million, "less than the expected value is due to underutilized capacity. "

Century Epitech trying to accelerate expansion in the next 5 years LED industry, and to seek new profit growth point.

Century Epitech information to a new plan this year, the company's mass production wafer, chip and package applications, innovation in 2011 to manufacture advanced MOCVD equipment. Scheme 3 sets of pilot production in 2011, 2012, annual output of 15, in 2013 annual output of 30, 2015, the annual output of 60 units. The LED industry is expected to achieve annual sales in 2015 of about 30 billion RMB.

New profit growth point

Bigger than in the LED industry, Century Epitech also based on the original plan, the laser display industry development effort, infrared detection and imaging, solar blind ultraviolet imaging industry three industry sections.

According to reports, Century Epitech has independently developed a 100-inch, 150-inch seamless 2D/3D switching, real-time programs can be converted to 2D laser ultra-high-definition flat-panel televisions 3D. At the same time, the company successfully developed the 200 inches, 250 inches, 300 inches projector home theater and special, and large 30 m X 18 米 public theater projector.

"2012 will be transferred to industry in 2015 to achieve annual sales of about 20 billion." Previous official said. Infrared detection and imaging, solar blind ultraviolet imaging industries, the World Epitech expects to achieve annual sales in 2015 to 1.5 billion, respectively, 10 billion.

Century Epitech management in the development of vision when the five-year plan is also active in the multi-pronged approach to raise capital for development.

Relevant person in charge told reporters, high-tech industries that require high investment, are bound with a high risk. Into a huge pre-World Epitech, mainly in equipment, the company has huge amounts of money to introduce the MOCVD equipment 26 sets, there are many other high-end equipment 400 sets, with a total value of more than 60 billion yuan. R & D capability has been available for the World Epitech want to take equipment leases, some of the cash withdrawn from circulation.

Land, the company has a base range of more than 80 million square meters within the high-tech nature of land assets, and loans for industrial planning and adjustment problems, the inventory of land resources is not yet effective. Century Epitech said the company had to report the Shenzhen Municipal Government, expectations and industry partners, the park project development classes, mainly for the base of supporting industries. In addition, the parent company of Hong Kong New Henderson Group will mobilize a large number of recent capital investment Century Epitech Technology Co., Ltd..