The concept of sapphire once again hit Dongxu Optoelectronics to acquire Jiangsu Jixing 50.

Dongxu Optoelectronics issued two announcements in the evening yesterday. According to the announcement, Dongxu Optoelectronics plans to jointly invest 15 million yuan with Beijing Institute of Technology to set up a holding subsidiary to carry out research and development, industrialization, market operation and project investment of new graphene materials, of which Dongxu Optoelectronics holds 70 shares. At the same time, the company's investment of 160 million yuan to acquire Jiangsu Jixing 50.5 equity business registration registration was also completed recently, and received a business license, which marks the official entry of Dongxu Optoelectronics into the sapphire field. The sapphire concept hit again on the 1st of this month. At the new product launch conference held at MWC (World Mobile Communications Conference) in Barcelona, ​​Huawei launched three new wearable products, including its first smart watch Huawei Watch and smart bracelet. TalkBandB2 and sports smart headset TalkBandN1. Among them, Huawei Watch uses a circular dial design similar to Moto360, and it is equipped with a sapphire glass screen for the first time, which is highly concerned by the market. In addition, the rumors about the new iPhone to be equipped with sapphire screens have been reported by many media in the past few days. The media quoted people familiar with Apple's supply chain as saying that Apple has initially solved the quality problem of sapphire screens, and if there are no accidents, it will be mass-produced in the next few months. Industry analysts believe that with the continuous improvement of sapphire growth technology and the continuous reduction of production costs, in addition to the application of LED epitaxial substrates in the past, sapphire has been widely concerned by various industries in recent years, and all countries in the world are optimistic about sapphire substrate business opportunities. Sapphire substrates are mainly used in the production of LED wafer materials, with high hardness, high dielectric constant, high thermal conductivity and other superior features, in addition to applications in smart phones and wearable devices, including Apple, Samsung, LG and other high-end In addition to the camera lens cover and main screen keys of smart phones, sapphire substrates are expected to be used in optical, aerospace and military applications. Industry research estimates that the sapphire application market will add nearly $2 billion in space in 2016, which will be more than three times the market for LED substrate materials. Enhancing the company's valuation level Dongxu Optoelectronics announced that the company's investment of 160 million yuan to acquire Jiangsu Jixing 50.5 equity business registration registration was also completed recently, and received a business license, the company name remains unchanged. According to reports, Jiangsu Jixing has a complete set of complete production facilities, equipment and related process technology from sapphire crystal growth to substrate and window manufacturing. The products cover large-size sapphire ingots, 2-8 inch sapphire crystal ingots, 2-8 inch sapphire. Substrate, optical window material, mobile application optical sheet, laser beauty crystal strip, sapphire packaging strip for optical communication, etc., with an annual output of 3.6 million 2 inch high quality LED substrate. Cutting and polishing equipment are imported advanced equipment, processing precision, yield and efficiency are in the forefront of the same industry. According to the recent consolidated earnings forecast report of the fixed-income project disclosed by Dongxu Optoelectronics, the company expects to sell millions of LED substrate pieces in 2015, and sapphire and other aspects will realize operating income of 692 million, which will become another profit point of the company. For this acquisition, a number of well-known brokers have published research reports. Southwest Securities believes that the company's acquisition into the sapphire field will complement the custodial subsidiary Sichuan Xuhong high-aluminum cover glass, covering the high-end market of mobile phone cover glass, which is obvious for the company's industrial chain layout and valuation improvement. Positive significance. Analysts said that the future market of sapphire is huge. Dongxu Optoelectronics has always had strong innovation ability. This time, with the leading Jixing in the industry, the acquisition will save a lot of time and cost and achieve overtaking.

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