Long letter technology 190 million building touch screen project today to close 5%

NetEase Finance March 2 long Letter Science and Technology 1st announcement, proposed to invest 190 million yuan to build 5 million "medium large size (7-10 inch) Capacitive touch screen project", the plan will be launched in March 2011.　　Long letter Technology said, after the project put into production, the annual sales revenue of 259 million yuan, pre-tax profit of 60.02 million yuan, investment net profit margin 26.73%, investment return period of 3.08 years. Touch screen has become a Ching dollar industry, is in high growth, the estimated 2016 will grow to 14 billion U.S. dollars, the annual composite growth rate of 18%. Capacitive touch screen will account for the main share, due to the large size touch has a certain technical threshold, compared to small and medium size touch screen competition may be looser.　　"Capacitive touch Screen" is a collection of electronics, materials science, optics, automation and control technology integrated application of the project, is a new flat panel display, in line with the state to encourage investment in industrial projects. Long letter Technology said that the project's production is conducive to improving the company's high-grade touch screen supporting capabilities, improve the company's product structure for downstream enterprises to provide small size to the size of all specifications of the touch screen, improve the company's market competitiveness. Earlier, February 28, Long letter Technology released 2010 years of Performance letters, 2010 to achieve business income of 481 million yuan, an increase of 83.94%, net profit of 117 million yuan, an increase of 92.97%, earnings per share 1.04 yuan, the year-on-year increase of 62.5%.　　Long letter technology to 10 shares to increase 10 shares sent 3 yuan. Secondary market, the unit today Gaokaigao go, the plate up nearly 6%, closing, the stock price 53.13 yuan, up 4.79%, turnover rate of 10%, volume continued to enlarge.