Guangzhou Ehang Electronic Co., Ltd. , https://www.ehangmobile.com
Tianlong Optoelectronics said that in the first half of 2013, the company strived to open up the market and digest inventories. The single crystal furnace and the polycrystalline furnace each achieved a certain amount of sales, but the payment was still difficult. The subsidiary Changzhou Tianlong responded to the company's self-help call and restarted the pharmaceutical machinery business, contributing a portion of the company's revenue.
In 2012, the company experienced a relatively difficult year. In this year, the company made various adjustments to reduce losses and turn losses. In terms of organizational structure, taking into account the company's cost control, the company reorganized the various departments, streamlining personnel and part of it. The post personnel were more rationally deployed.
In terms of management and technology, the company further introduces management and technical talents to ensure the company's core competitiveness through an excellent team. In the company's future development plan, in order to stabilize the existing photovoltaic and LED business for the company's sustainable development, it is also striving for market share, and trying to explore high-quality projects in other industries to enhance the company's profitability.
Although downstream companies have shown signs of recovery, as the company is on the upstream equipment side, there is a certain lag in demand. During the reporting period, the company actively explored the market, tapped valuable orders, and realized a certain amount of sales in the equipment business.
Tianlong Optoelectronics' main products include monocrystalline silicon growth furnace, polycrystalline silicon ingot furnace, multi-line slicer, single crystal silicon cutter, polysilicon square barrel mill, graphite thermal field, quartz crucible, resin diamond wire, sapphire furnace, MOCVD Equipment, mainly used in photovoltaic solar, LED, semiconductor fields.
The company's photovoltaic general equipment business, consumables business due to the continued downturn in the photovoltaic industry, the shipment volume is not high, the company uses the market sluggish period, accelerate equipment upgrades. Due to the accelerated development of the LED industry, the company's sapphire furnace and MOCVD equipment have increased their attention, and the research and development of MOCVD equipment has made significant progress.
Tianlong Optoelectronics lost 6.39 million yuan in the first half of 2013, a year-on-year decrease of 87%
Tianlong Optoelectronics released the first half of 2013 performance report. In the report period, the company realized operating income of 169,775,500 yuan, a year-on-year increase of 30.84%, total profit of -1,836,220 yuan, an increase of 70.53%, net profit attributable to shareholders of the parent company -639.35 million, loss The year-on-year decrease was 87.86%.