Shenzhen Konka announced on the 20th that it will invest 22.5 million US dollars worth of shares in Yingrui Optoelectronics Technology (Shanghai) Co., Ltd. through its wholly-owned subsidiary Dongguan Konka Electronics Co., Ltd. After the investment is completed, the company will hold a 36% stake in Yingrui Optoelectronics. . The company does not have a controlling position in Yingrui Optoelectronics. This investment is a strategic investment to ensure the supply of light-emitting diodes (LEDs). Yingrui Optoelectronics is managed and managed by Hong Kong Quantum and its management team.
After the completion of this investment, the shareholding structure of Yingrui Optoelectronics was changed to HK$6.25 million, holding 10% of the shares; Hong Kong’s 20% equity interest in the company was used for technical and technical teams. Equity incentives; Shenzhen Kangjia invested US$22.5 million in equivalent RMB, holding 36% equity; Peking University Jade Bird invested US$11.25 million in equivalent RMB, holding 18% equity; SBI&BDJB Technology Ltd (Beidu Jade Bird and Japan Softbank each contributed 50%) It invested US$10 million in equivalent RMB and held 16% of the shares.
Yingrui Optoelectronics LED Project is the key promotion project of Shanghai High-tech Industrialization. Yingrui Optoelectronics and Shanghai Lingang Group jointly build a national LED industrialization demonstration base in Shanghai Lingang Industrial Zone. The total investment of the project is about 2.7 billion RMB, one of which The investment will be about RMB 1 billion. The project will cover the key links of the LED industry. The design, R&D and manufacturing range from sapphire single crystal manufacturing, substrate materials, epitaxial wafers, LED chips to package testing. In the field of LCD TV backlight modules, general lighting.
Yingrui Optoelectronics currently plans to build a factory in the mainland and will gradually build and expand production capacity according to market needs. The first phase of the project has started construction in August 2010. The project capacity is expected to be 40,000 pieces/year for the substrate, 200,000 pieces/year for the epitaxial wafer, 2 billion pieces/year for the chip, and 2 billion pieces/year for the package. The project is still under construction and has not yet received revenue.
According to DisplaySearch, the market share of LED backlight modules in large-scale TFT LCDs jumped from 37% in the second quarter of 2010 to 44% in the third quarter. Among them, LED backlight modules penetrated the market in LCD TV panels. The rate rose from 18.5% in the second quarter to 25.9% in the third quarter, with a single-season shipment of 14.9 million units. The proportion of LCD color TVs in domestic color TV sales also kept rising. In September, LCD accounted for 87%, of which LED backlight TVs accounted for about 19%. The development of LCD TV backlights towards LEDs has become a very clear trend. At present, domestic mainstream color TV manufacturers such as Hisense and TCL have entered the field of LED backlight modules, but the key components of LED chips and packages still need to be imported from Japan and Taiwan.
We believe that as a color TV production country, China's color TV manufacturers actively arrange LED supply chain, ensure LED supply, and effectively reduce production costs. It is an inevitable choice. In the future, the replacement of LED chips and LED packages for large-size LCD panel backlights will be domestic LEDs. An important trend in industrial development, the domestic LED application composition will gradually transition from existing landscape lighting, display screens, small-size backlights to large-size backlights, and general-purpose lighting. We have long been optimistic about the development of the LED industry. The next five years will be the golden period of industry development, maintaining the “recommended†rating of the LED industry.

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