In addition, through the recommendation of the major shareholder Nissan Mitsui Trading Co., Ltd. and the main customer Dongbei Optoelectronics, Yuyuan has successfully won the 6th color power plant certification and started shipping in the third quarter. Yuyuanyuan is expected to cooperate with the mainland panel maker BOE this year, which will help increase its market share in the mainland.
Yu Yuan said that the current order volume exceeds 30% of the production capacity, so the pressure of falling prices will slow down and help raise the gross profit margin. Due to the large gap in orders and capacity, the subsidiary company has been urgently coordinated.
In the third quarter of the round, there are many orders for 3 major blocks such as LED TV, tablet PC and LED lighting. At present, TV orders have seen the fourth quarter. With the growth of the mainland LED TV market in the second half of the year, Yuanyuan actively expands production, and the current capacity is fully loaded. The 4-inch LED epitaxial plant in Pingzhen, Taiwan will start from the third quarter. Production, round before the end of this year, the cross-strait LED epitaxial MOCVD machine will increase by 18 to 20.
In the second half of the year, the growth of LED TV in mainland China is strong. The main reason is that home appliances go to the countryside and there are plans to stimulate the economy. For example, the new LED TV model has no inventory in the mainland. Now it is the time for customers to build inventory, and the demand is particularly strong.
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