Ruifeng Optoelectronics Q3 achieved a net profit of 19.23 million yuan, an increase of 18%

Ruifeng Optoelectronics, a member of the “G20-LED Summit”, announced that in the third quarter of 2013, Ruifeng Optoelectronics achieved operating income of 207 million yuan, a year-on-year increase of 26.76%; net profit was 19.2312 million yuan, an increase of 17.88%, 2013 In the first three quarters, the company achieved operating income of 502 million yuan, a year-on-year increase of 47.64%, and net profit of 45.341 million yuan, an increase of 25.42%.

Ruifeng Optoelectronics said that in the first three quarters of 2013, the LED lighting market was driven by relevant support policies, and the demand for commercial lighting and indoor lighting was strong. The medium and large size LCD backlight LEDs also benefited from the popularity of LED LCD TVs and TV size. Increase year-on-year growth faster. Due to the increase in R&D investment, salary and equity incentive expenses, office expenses, and fierce competition in the industry, the gross profit margin of the products decreased, and the growth of net profit was lower than the increase in sales revenue.

Ruifeng Optoelectronics also announced the progress of important research and development projects in 2013:

1. The development of white light products with phosphor coated chips improves the light extraction efficiency, spot effect and reliability of white light, reduces phosphor waste, improves production efficiency, completes sample preparation, and tests are in progress;

2, UV product development: enhance the company's packaging research and development strength, strengthen the understanding and application of high-end packaging materials and packaging technology, deepen the company's penetration design and development in the UV market segment, determine the materials, equipment and technical routes, preparation kind

3, self-made EMC project introduced QFN package, greatly improved the cost performance of medium power package products, accelerated the process of white LED lighting applications has been phased out, semi-automatic preparation of EMC brackets.

4, high thermal conductivity silica gel solid crystal adhesive development: reduce the thermal resistance of the package, break the bottleneck of the thermal resistance of the package, improve the reliability, some products have been introduced into mass production, large-scale promotion.