Silan Mingxin expects 2011 full-year revenue to reach 500 million yuan

Hangzhou Silan Mingxin Technology Co., Ltd. (hereinafter referred to as Silan Mingxin) is an early entry company in the LED chip manufacturing industry. The company was established in 2004 and is located in the Hangzhou Economic and Technological Development Zone. It mainly corresponds to LED display terminal products. Since September 2011, it has started to produce small-scale white LEDs for lighting.

Although the number of MOCVD machines installed in Hangzhou is not as large as that in the Wuhu area, Hangzhou Silan Mingxin Technology Co., Ltd. (hereinafter referred to as Silan Mingxin) and the local government are seeking 40% subsidy for a single machine. In 2011, the company Nine new MOCVD machines have been put into place and entered mass production stage, and the mainland large-scale LED display market has also shown steady growth. The decline in LED chip prices is not as good as backlight and lighting applications. Therefore, it is estimated that Silan Mingxin 2011 annual camp The collection will see RMB 500 million (US$78.34 million).

In terms of industrial chain layout, Silan Mingxin focuses on LED chip production. In July 2009, the packaging subsidiary Meikale mainly produces LED package components for displays. Silan Mingxin and Mikale are currently mainly supplying mainland mainland display operators. In the second half of 2011, they entered the international display manufacturer supply chain.

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