A few days ago, Aoyang Shunchang released its 2012 Q3 financial report. The company's total operating income was 443.09 million yuan, down 22.05% from the same period of last year. The net profit attributable to shareholders of listed companies was 29.653 million yuan, an increase of 17.46% over the same period of last year. The basic earnings per share is 0.08 yuan.
Aoyang Shunchang said that the company's management is actively promoting the construction of LED projects, and also actively control the investment rhythm of LED projects based on market conditions and the company's research and development and technical reserves. For epitaxial wafer equipment, five MOCVDs have been ordered and are expected to be delivered from December to the first quarter of next year.
Up to now, the civil engineering of the company's LED project has been completed, the relevant personnel are basically in place and have entered the project site office. The equipment ordered by the company is also gradually delivered and installed and commissioned. According to the equipment delivery and installation, the company actively optimizes the schedule and prioritizes the installation. Some of the equipment in place, processing the latter stage of the chip, in order to train employees, improve the level of technology, and open up the market in advance. At the same time, according to the actual situation and the company's advantages, the company properly configured some equipment, developed street lighting products, and actively seized opportunities in downstream applications.
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