Aoyang Shunchang: As equipment investment in LED revenue and profit increase quarter by quarter

On September 18, Aoyang Shunchang (002245) revealed in the latest "Investor Relations Activity Record Form" that there are currently 20 MOCVD mass productions for LEDs, with a monthly capacity of 100,000 chips. The remaining 10 MOCVDs of the first phase of the project are being gradually shipped, installed and commissioned. With the gradual investment of equipment, the company's LED revenue increased quarter by quarter, and profit contribution continued to grow.

Aoyang Shunchang said that the company's LED second phase project is under construction. If the progress is smooth, it is expected to gradually put into equipment in the second half of next year.

Aoyang Shunchang's main business is metal processing, LED business and micro-credit business.

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