Crystal electronic 1.2 billion building technical renovation project opened today in trading

Source: Internet
Author: User
Keywords Technical
Tags company cutting digging financial open box opened photoelectric project
NetEase Financial February 24 Crystal Electronic Disclosure today, the company intends to invest in the establishment of a wholly-owned subsidiary Crystal Photoelectric to implement the "annual output of 7.5 million pieces of LED sapphire chip technical transformation Project." According to Crystal Electronic introduction, the project is intended to use 300 acres, the project total investment of 1.2 billion yuan, fixed assets investment of 1.1 billion yuan, bedding liquidity 45 million yuan, will be the construction of sapphire crystal growth and Open box (digging rod) Production workshop, as well as follow-up of the sapphire crystal cutting and grinding, polishing workshop. The project is completed in two phases with the completion of one-stage investment by the end of 2012 and the completion of investment and full production by the end of 2013.  After the completion of the project, an annual output of 7.5 million led sapphire wafer production capacity, according to the existing market price interval of 200-250 yuan/piece, is expected to add annual sales income of 1.75 billion yuan, in accordance with the market average profit margin of 30%, is expected to achieve the total annual profit of 525 million yuan. Spurred by the news, the unit opened trading today.

Contact Us

The content source of this page is from Internet, which doesn't represent Alibaba Cloud's opinion; products and services mentioned on that page don't have any relationship with Alibaba Cloud. If the content of the page makes you feel confusing, please write us an email, we will handle the problem within 5 days after receiving your email.

If you find any instances of plagiarism from the community, please send an email to: info-contact@alibabacloud.com and provide relevant evidence. A staff member will contact you within 5 working days.

A Free Trial That Lets You Build Big!

Start building with 50+ products and up to 12 months usage for Elastic Compute Service

  • Sales Support

    1 on 1 presale consultation

  • After-Sales Support

    24/7 Technical Support 6 Free Tickets per Quarter Faster Response

  • Alibaba Cloud offers highly flexible support services tailored to meet your exact needs.