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On October 27th, according to Taiwan media reports, the board of directors of Dingyuan Optoelectronics passed the merger of Lijing Group's LED epitaxial wafer-crystal illuminating power. The conversion ratio was 1.375 shares of Dingyuan 1 share, and the consolidated base date was 99. On March 1, the company officially stepped into the upstream chip factory. Jingguang Electric is the LED upstream epitaxial plant invested by Powerchip Group. The current capital is 1.35 billion Taiwan dollars. The technical team comes from Jingdian, Yuan Arsenic and Lianquan. Dingyuan’s board of directors passed the merger with Jingfa this morning. The ratio is 1.375 shares of Dingyuan, and Dingyuan is the surviving company. After the merger, Dingyuan's share capital will reach NT$4,047 million. The products will include red, green, blue LED (RGB) and sensing components to become products. The most complete upstream chip factory in the line.
Dingyuan's low capacity utilization rate in the first half of the year, coupled with the inventory price loss in the No. 10 bulletin, caused the pre-tax loss of the first half of the year to reach 210 million Taiwan dollars, but in the third quarter, under the LED demand, Ding Yuan performance Get rid of the bottom, the consolidated revenue in September reached 380 million Taiwan dollars, hitting a new high this month. As the gross profit margin rebounded, the pre-tax profit of the third quarter was estimated to be NT$100 million. After deducting the exchange loss, the pre-tax surplus exceeded 7,000. Ten thousand dollars, successfully turned into a profit; looking forward to the fourth quarter, due to the full capacity of the sensing components, and strong OEM orders, Dingyuan's orders in the fourth quarter were better than expected, the company's opinion on the fourth quarter is optimistic, estimated The pre-tax surplus for the fourth quarter is expected to exceed NT$100 million, which is doubled compared with the third quarter. The profit in the second half will be able to flatten the losses in the first half of the year and will be able to turn a profit into profit in the whole year.
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