On the evening of July 9, Huacan Optoelectronics disclosed the results of the semi-annual report. The company expects net profit attributable to shareholders of listed companies in the first half of 2017 to be approximately RMB 213 million to RMB 218 million, an increase of 300.6%-328.81% over the same period of the previous year. The company said that the main reasons for the company's performance growth during the reporting period: 1. During the reporting period, LED chip demand was relatively strong, the company's production line was fully loaded, and due to the release of some new capacity, production and sales increased significantly compared with the same period last year. 2. The price of LED chips in the report period continued to be stable since the fourth quarter of last year. The gross profit margin increased significantly compared with the same period of last year, which made the operating profit in the report period continue to achieve a high growth on the positive basis in the first quarter. 3. Yunnan Lanjing Technology Co., Ltd. acquired in 2016 has achieved good growth and further improved the company's overall profit level. In addition, the company announced in a notice on the 6th that the subsidiary received government subsidies, the company's wholly-owned subsidiary Huacan Optoelectronics (Suzhou) Co., Ltd. recently received the Zhangjiagang Economic and Technological Development Zone Management Committee "about giving Huacan The approval of the Industrial Development Subsidy of Optoelectronics (Suzhou) Co., Ltd. (Zhang Jing Guanfa [2017] No. 28) agreed to allocate Huadian Optoelectronics (Suzhou) Co., Ltd. for the second quarter of 2017, the industrial development subsidy fund of 11.79 million yuan. The grant has not yet arrived. According to the relevant provisions of Accounting Standards No. 16 - Government Subsidy, the subsidy will be recognized as non-operating income for the second quarter of 2017 and will be subject to corporate income tax at a rate of 15%. It is expected to increase the company's 2017 net profit by RMB 10,021,500. , accounting for 3.75% of the company's 2016 net profit attributable to shareholders of listed companies. It is expected to have a positive impact on the company's 2017 operating results. The specific accounting treatment will be based on the results of the annual audit of the accountant. It is worth mentioning that, from July 14th to 15th, Huacan Optoelectronics (Zhejiang) Co., Ltd., a wholly-owned subsidiary of Huacan Optoelectronics Co., Ltd., completed the ceremony of Yiwu Plant Factory and Huacan Optoelectronics Development Planning and Industry Trends Exchange Meeting It will be held in Yiwu. The project is planned to be constructed in two phases with a period of five years. The total investment of the project is 6 billion yuan, and the total land area is 280 mu. The first phase covers an area of ​​140 mu and the construction area is 290,000 square meters. After the project is completed, it will produce 3 million 4 inch LED epitaxial chips and 3.2 million 4 inch sapphire substrates per year. Cocktail Shaker,Cocktail Shaker Set,Bar Spoon,Bartender Kit Ningbo Multitasking Electronic Co.,Ltd , https://www.smartmultesic.com