"Dual-Efficiency" Improvement: Aucksun's Subsidiary Expected to Obtain High-Tech Enterprise Qualification

According to the "Administrative Measures for the Recognition of High-tech Enterprises", the indicators for the recognition of high-tech enterprises mainly include:

1. Possess independent intellectual property rights for the core technologies of major products (services) Possess independent intellectual property rights;

2. R&D expenses account for no less than a certain proportion of revenue;

3. High-tech products account for more than 60% of the company's total revenue, etc.

Being able to obtain high-tech enterprise certification means that the company has certain technological strength.

Previously, the market had been questioning Aoyang Shunchang’s involvement in the LED chip industry:

First, the previous main business was metal logistics and distribution, which mainly relied on strong informatization and efficient management capabilities to win. The LED chip industry is not only capital-intensive, but also technology-intensive. It requires a technical team to debug the main production equipment MOCVD, commonly known as "tuning the furnace." After successful debugging, it must rely on technology to successfully control costs to have market opportunities. Can such a change be feasible for the company?

Second, as the company's LED products have been sold and profits have been generated, they are worried that the company only barely has production capacity and does not have the corresponding technical reserves to support the company's subsequent development.

With market doubts, reporters reviewed the company’s announcements and financial data, and were positive about whether the company could switch to LED chip production. The company achieved production in the fourth quarter of 2013 and achieved profitability in the LED field that year, with a gross profit margin of nearly 30%. Gradually expanding production in the first half of 2014, the company announced on the evening of June 18 that its subsidiary Huai'an Optoelectronics plans to invest in the construction of an LED epitaxial wafer and chip industrialization project (Phase II) in the existing factory in Qinghe New District, Huai'an City, to build LED blue and green light epitaxy. wafer and chip production line (the project plans to invest in OCVD equipment equivalent to 40 69-chip machines or about 50 54-chip machines). The total investment in the project is 1 billion yuan. After the project is completed, the annual production capacity of blue and green chips for lighting will be approximately 2.4 million pieces. Huaian Optoelectronics is currently building an LED epitaxial wafer and chip industrialization project (Phase I), with a designed annual production capacity of 1.8 million blue and green chips. At present, 50% of the production capacity of the first phase of the project has been completed and put into production, and 20 units of core MOCVD equipment have arrived, 15 of which have achieved mass production. The company responds to the market with practical actions, and the company has the ability to make LED chips well.

Aoyang Shunchang announced on the evening of May 21 that its holding subsidiary Huai'an Aoyang Shunchang Optoelectronics Technology Co., Ltd. signed a "Strategic Cooperation Agreement" with Mulinsen Co., Ltd. on May 20. The two parties will conduct strategic cooperation in market information, product research and development, technical support and product supply. Mulinsen will continue to purchase LED chips from Huai'an Optoelectronics, with a total amount of no less than 400 million yuan within two years.

Mulinsen is a leading company in the field of LED packaging and a major domestic LED chip purchaser. Huaian Optoelectronics’ strategic cooperation with it will help Huaian Optoelectronics understand the latest technology trends in the field of LED chip applications and improve chip research and development levels. At the same time, long-term and stable orders will contribute to the stability and continuity of the company's LED product sales. With the continuous delivery and production of Huai'an Optoelectronics' LED core equipment, LED chip production will continue to increase.

With the second question, the reporter searched the official website of the State Intellectual Property Office and found that Huaian Optoelectronics currently has as many as 17 invention patents under review (a light-emitting diode with a silicon-doped GaN layer) Tube epitaxial wafer; a gallium nitride-based light-emitting diode chip; a GaN-based light-emitting diode epitaxial wafer with an N-SLS layer; a GaN-based light-emitting diode epitaxial wafer; a slitting method for a 12.5mm wide narrow aluminum plate, etc.).

Among them, there are 8 patent applications involving process improvement of LED chips and epitaxial wafers, with the core functions mostly improving light efficiency; 9 patents involving LED equipment optimization, mainly focusing on optimizing processes and improving the automation of LED equipment, with the goal of reducing the failure rate of equipment operation processes and improving production efficiency. It can be seen that the company's technical thinking for direct application and production in the near future is to focus on "efficiency (light efficiency)" with one hand and "efficiency" with the other.