Fujing Technology (002222), the world's leading optoelectronic crystal component company, has completed the construction of its fundraising project and has reached the expected usable status. At present, the company's various production lines are basically in a state of saturation, and the company is expected to usher in a performance turning point this year. In addition, as a listing platform of the Institute of Material Structure of the Chinese Academy of Sciences, the company actively promotes the industrial chain by undertaking the research results of major shareholders, and fosters new growth points for the company.

Fujing Technology is the world's largest supplier of LBO, BBO and glue crystals. Its holding subsidiary Qingdao Haitai Photoelectric Technology Co., Ltd. is the largest KTP crystal manufacturer in China. The company has established a good cooperative relationship with internationally renowned laser companies. One of the leading suppliers of optoelectronic components companies such as Spectra-Physics (USA) and Coherent (USA), a well-known laser manufacturer. In the company's core products, the gross profit margin of nonlinear optical crystal components is nearly 70%, and the gross profit margin of laser crystal components and laser optical components is also 30% and 20% respectively.

It is worth noting that the company's products rely on order production, and export-oriented, about 70% of the sales abroad, due to the macroeconomic downturn, especially the economic downturn in Europe and the United States, making the uncertainty of overseas markets increase, the company's products Exports brought pressure. Although the company’s domestic sales increased by 28.28% in the first half of 2012, the overseas market declined by 18.59%. This situation has not improved significantly in the third and fourth quarters. Therefore, the company’s 2012 net profit A 10%-40% decline is expected. In the same way, the release of the performance brought by the company's fundraising projects is also largely restricted by the foreign economic environment. If the external environment improves in 2013, the company's performance this year will usher in an inflection point.

According to the company, as the listing platform of the Institute of Material Structure of the Chinese Academy of Sciences, Fujing Technology is based on its own independent research and development, combined with external cooperative research and development and other methods, the company's annual research and development costs are maintained at more than 10% of total revenue. As a result, the company has maintained a global leadership position in the field of nonlinear optical crystals and laser crystal components. It is reported that the company's research and development, development or technological transformation projects cover the upgrading of existing products, new crystal materials, new component devices, new manufacturing processes, new testing methods and methods, and improvements in old processes, many of which have been applied to production. In the middle, it has produced very good economic benefits.

As a major shareholder of a listed company, the Institute of Material Structure of the Chinese Academy of Sciences promises that during the period of holding shares of a listed company, it will not engage in any form of business and business activities that constitute or may constitute competition for the listed company's production and operation, nor will it Providing any financial, business and technical assistance to competitors of listed companies in any way.

At the same time, Fujing Technology has actively involved in the downstream fields of new luminescent materials, optical display devices and laser system by undertaking various methods such as industrialization of scientific research results of major shareholders, and fostering new growth points for the company. Among them, Fuguang Technology's optoelectronics company Fujian Wanbang Optoelectronics Technology Co., Ltd. cooperated with the Chinese Academy of Sciences Haixi Research Institute to develop a new LED light source with a luminous efficacy of 261 lumens / watt (input current is 20MA), which exceeds the domestic and international literature. The light efficiency indicator of the publicly reported LED lamp. This product adopts the materials developed by the Fujian Institute of Material Structure of the Chinese Academy of Sciences and the unique process technology of Wanbang MCOB package. It has independent intellectual property rights and is now industrialized, and the production cost is lower than that of similar products. Pushing the market, this is another major breakthrough in the development and promotion of high-efficiency LED lighting products in Fujian, and it is expected to bring considerable economic benefits to the company.

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