The Xiangmei Group, which is mainly engaged in the production of raw coal, has made major breakthroughs in the high-tech industry. The Xiangxi Group’s annual work conference held today has a good news. The Group’s production of Luzhou Hualei Optoelectronics LED (Light Emitting Diode) industry, which has been in production for only one year, can realize a profit of 40 million yuan this year and leap into the top ten in the same industry in the country. Ranked 7th.
Xiangmei Group is the largest coal producer in our province. In accordance with the idea of ​​“taking coal as the mainstay, limited diversification and comprehensive developmentâ€, Xiangmei Group actively expands into the high-tech field. Last year, the group signed a technical cooperation agreement with the Institute of Semiconductors of the Chinese Academy of Sciences, and Hunan Coal Group invested 2.9 billion yuan to develop the photovoltaic industry including LED in Zhangzhou. At present, the first phase of the Group's Zhangzhou Hualei Optoelectronic Industrial Park has 10 sets of professional LED production equipment, which can produce 624,000 pieces of high-brightness LED epitaxial wafers and chips. The provincial government has cultivated it as a strategic emerging industry.
Xiang Daoxiong, chairman of Xiangmei Group, introduced that through the introduction of strategic investors, the second phase of Hualei Optoelectronics has been fully launched. It will add 20 new LED professional production lines and matching chip manufacturing equipment. Upon completion, it will become the largest in mainland China. LED Blu-ray chip manufacturer. It is estimated that the output value will be 500 million yuan in 2011 and the profit will be 100 million yuan.
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