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After the approval of the Lancang Plan, Wuhu ushered in a big order
On February 1, 2010, Wuhu Municipal Government officially signed a contract with Dehao Runda (002005) Optoelectronics Co., Ltd. chip project. The total investment of the project reached 6 billion yuan. Wang Donglei, chairman of Dehao Runda (002005), revealed that the company will establish a large-scale LED optoelectronic industrial base in the next 18 months. The base will cover the middle and lower reaches of the LED lighting industry, including the core technology of the industry. Chip manufacturing and cutting in the field.
In addition, in order to solve the problem of the lack of core technologies facing the domestic LED industry, Dehao Runda (002005) also reached a cooperation agreement with South Korea's Epivalley.
Chen Shulong, secretary of the Wuhu Municipal Party Committee, said in an interview with China Securities Journal that the project is also an important project introduced by Wuhu City after the approval of the Lancang Plan, which will have a major impact on the development of Wuhu's semiconductor lighting energy-saving industry.
Fine-tuning gambling LED
“Now many cities are on the LED project. Dehao Runda has invested heavily in building a LED optoelectronics industry base. Is it a big risk for a home appliance manufacturer?â€
Regarding the issue of China Securities Journal, Wang Dong has a good idea: "With the breakthrough in LED technology in the field of lighting applications in 2009, the future development of the industry will exceed one trillion yuan. At present, the domestic LED industry market size is only 100 billion. Around the Yuan, there are more than 2,000 large and small enterprises to divide this 'cake', and the largest enterprise has not exceeded 1 billion yuan. Therefore, the Chinese LED industry has not really formed scale, and for us, the opportunity is greater than the risk."
Wang Donglei said that the LED optoelectronic industrial base to be built by Dehao Runda will cover the middle and lower reaches of the LED lighting industry's industrial chain, and chip manufacturing and cutting in the core technology areas of the industry will also be carried out in Wuhu. The base covers an area of ​​816 mu, with a planned total investment of 6 billion yuan. The first phase investment is 2.3 billion yuan, mainly including the manufacture and sale of LED chips, packaging and lighting. Among them, LED chip project plans to invest 500 million yuan, the annual average sales revenue will reach 487 million yuan after completion of production; LED packaging project plans to invest 570 million yuan, the annual average sales revenue will reach 1.92 billion yuan after completion; LED lighting project plans to invest 5.33 yuan After 100 million yuan, the annual sales revenue will reach 1.8 billion yuan.
In the same period, the company will invest 100 MOCVD equipment with Korean companies, with a total investment of 3.7 billion, which will be built in three years, specifically for the production of LED lighting upstream core products - epitaxial wafers. The base is expected to be fully completed in 2012 and will generate a sales value of 18 billion yuan.
Dehao Runda has applied to the China Securities Regulatory Commission for a private placement of 1.526 billion yuan for the implementation of the above projects. This is the LED industry park known to be the largest in China and the most complete in the industry chain. The implementation of the project will be implemented. It has quickly made Wuhu the most important LED industry base in China; the three investment companies under the State-owned Assets Supervision and Administration Commission of Wuhu City participated in the private placement of Dehao Runda, with a subscription fund of nearly 1 billion yuan.
Hand in hand, won the core technology
An industry expert said that the LED projects that have been launched in China are also facing technical barriers and patent infringement risks.
Wang Dongming, CEO of Dehao Runda, disclosed to China Securities News that in order to solve the problem of the lack of core technologies facing the domestic LED industry, after several rounds of negotiations, the company reached a cooperation agreement with South Korea's Epivalley. If the progress is smooth, Dehao Runda will become one of the few advantageous enterprises in China to master the core technology of LED, and greatly enhance the market competitiveness of the company's LED business.
Dehao Runda and Epivalley will engage in substantive cooperation in the manufacture of LED chips and the operation of their upstream MOVCD business. At that time, Epivalley will be stationed in a professional team to participate in the operation of the cooperation project, so that Dehao Runda's epitaxial film and chip factory will reach the same technical level as Korea's Epivalley, ranking first in the world.
Wang Dongming said that Dehao Runda has many years of experience in the small household appliance industry, technological advantages and equipment advantages. The company's original small household appliance business system can be used for the company's investment in the LED industry's technological innovation, raw material procurement, product production and other fields. Synergistic effects can greatly reduce costs. 