Dry photo Photoelectric set up 4 years into the gem, Sequoia return over 900 million

By the three photoelectric "Kibaki" The creation of Xiamen Dry Photo Photoelectric Co., Ltd. was first approved, this is the fourth Xiamen gem listed companies.　　To the surprise of many industry, it took only four years for the company to create a successful meeting with the SFC. Only "Four years old" business board enterprises Dry photo photoelectric mainly engaged in research and development of semiconductor optoelectronic products, production and sales, the proposed release of 29.5 million shares, issued after the total share capital 118 million shares, 450 million yuan for the high brightness Four Yuan series led wafer and chip and other projects.　　From 2007 to 2009, the company net profit amounted to 65.95 million yuan, 85.87 million yuan and 84.07 million yuan respectively. By the end of 2009, the dry photo photoelectric has formed an annual output of nearly 9 billion chip capacity, is currently the largest four yuan red, yellow LED chip suppliers, is the largest in the country can produce three gallium arsenide solar cell epitaxial Films, one of the suppliers,　　2008 and 2009 company three-arsenic gallium arsenide solar cell wafer sales reached 20544 and 17512 respectively, in this field scale advantage is obvious.　　Surprisingly, the creation of such a beautiful performance of the photo photoelectric, its "birth" time of February 2006, so far more than four years.　　"Boss" or close to 1 billion of the Xiamen securities companies believe that the young enterprise to achieve rapid growth is one of the secrets of Team advantage. The curriculum vitae shows that the chairman of the photo-Electric Co., Ltd. Deng Electricity Ming is the original Xiamen three Security Electronics Limited Company (three an photoelectric controlling shareholder) General Manager, has many years of semiconductor photoelectric enterprise industrialization operation management experience; general Manager Wang Xiangwu is a famous photoelectric industry experts, with over 20 years of research and development and industrial production He was a deputy general manager and chief engineer of Ye Sunyi, director of the three-an electronic finance department.　　The above 3 persons hold the shares of 22.6%, 16.6% and 7.5% before the issuance of the photo-electricity.　　In addition, a further 5 persons were originally employed in the three-an electronic service. The rapid development of photo-electricity, also won the famous venture capital of the favor of Sequoia.　　In March 2008, Sequoia Capital spent 10.22 million U.S. dollars, at about 7 times times the price of P/E, subscribed to the 4.37 million-dollar-photo-photovoltaic investment, now holds 18.196 million shares in the company, accounting for the total share capital before the issuance of 20.56%. If the photo-electricity is listed, these promoters will deduce a story of the creation of the gem. At present, about 50 times times the current distribution of P/E price, "head" Deng Ming and Wang Xiangwu, Ye Sunyi Three natural person's major shareholder's book wealth will be nearly 1 billion yuan, 700 million yuan and 300 million yuan, the return of Sequoia Capital will also close to 900 million yuan.