Zhen Mingli released a financial report recently. The company said that the LED chip market has seen rapid increase in demand since 2010, and the price has increased by more than 40%. Therefore, the real gross profit margin is over 50% and the net profit margin is over 40%.
Zhen Mingli pointed out that the company's LED chips rose from RMB 950 to RMB 1,200 per RMB 2 or RMB 20 per 1,000 chips (decorative LED lights), and the company's factory cost is every 2 baht. 550 yuan and 14 yuan per 1,000 chips.
Zhen Mingli currently has 5 MOCVD machines, which are expected to expand to 20 by the end of 2010. In May, two MOCVD will be delivered and installed first. After that, two MOCVDs will be installed and put into production each month to produce LED epitaxial wafers. And chips.
By the end of 2010, the company's production capacity will increase from the current 10,000 pieces per month (2å‹) to 45,000 pieces per month (2å‹), reaching a monthly chip capacity of 900 million pieces, or an annual output value of 600 million yuan. Renminbi.
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