Hangzhou Silan Microelectronics, a subsidiary of Hangzhou Silan Azure by the end of 2009, the purchase of two 32 MOCVD machine, in early 2010 introduction of the Japanese production capacity of about 50,000 6-inch line, estimated in 2010 Q3 installation.
At present, the Shilan Mingxin 5-inch line has a monthly production capacity of about 80,000 pieces, and the 6-inch line has a capacity of 20,000 pieces. It is expected that the new machine will account for about 65% of the existing capacity after it is put into production.
Silan Mingxin expects its annual operating income for 2010 and 2011 to be RMB 1.3 billion and RMB 1.8 billion respectively. The net profit is RMB 190 million and RMB 260 million respectively, and EPS is 0.47 yuan and 0.65 yuan respectively.
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