April 9, dry as photoelectric (SZ. 300102) issued "notice about the investment intention agreement". Announcement, the company recently with (Samoa) golden eagle technology co., LTD. Signed a "about dongguan chau lei electronic co., LTD., the equity transfer intention agreement, the company has golden eagle science and technology plans through to its own funds held by dongguan chau lei electronics co., LTD. 100% stake in the way of holding the dongguan chau lei.

　　Reporter called dry as photoelectric chairman secretary office, staff said that the purchase is just now in the stage of intention, the final formal equity transfer contract is needed after completion of the due diligence, audit work related to the two sides agreed upon through consultation. As for the effects of the acquisition, the staff said that all the content of the statement shall prevail, it is not convenient to reveal more details.

　　According to the announcement, after the acquisition of dongguan chau lei, the company's four yuan products market share is expected to be further improved. In addition, the customer and the company of dongguan chau lei overlap degree is not high, and companies to form an effective complementary.

　　According to high LED industry research institute (GLII) released the latest report, in 2012 China LED chip output value of 7.2 billion yuan (including Taiwanese and foreign investment in mainland China production base of production). Under the influence of chip prices fell sharply last year, in the case of production rose nearly eighty percent, GDP rose only twenty percent.

　　GLII thought, LED the upstream chip industry has changed from the original technology competition turning to scale and capital competition, many small and medium-sized enterprise because of capital chain bottlenecks, has LED to some capacity to release. In 2012, LED the upstream chip industry has emerged a merger case, wafer photoelectric acquisition widely gallium, three ladies round Ann photoelectric in Taiwan, bdo, a stake in leishi lighting.

　　High LED industry research institute (GLII), analysts said the dry as photoelectric acquisition of dongguan chau lei, there are two main benefits points, one is the expansion of production capacity, the second is to expand customer resources. LED chip industry consolidation has begun, 2013 will be the upstream chip industry consolidation means of gap year, industry consolidation in 2014 will be large.

　　"Scale and technological factors will be eliminated a number of small chip factory manufacturer, LED industry integration is the trend of The Times." LED Dr CEO jack zhang said.

　　Financial data show that by the end of 2012, the dongguan chau lei total assets of 86.68 million yuan, net assets of 82.01 million yuan, 2012 operating income of 59.86 million yuan, net loss of 6.69 million yuan. It is understood that the dongguan chau lei product range include blue, purple, binary, ternary and quaternary, full range of sizes and four yuan products cover four yuan (6 to 12 mil) and the full range of wavelengths (560 nm to 650 nm) and full brightness (10-200 MCD), products are mainly applied in home appliance industry.

　　And dried according to the photoelectric headquarter located in semiconductor optoelectronic product development, production and sales, at present there are mainly four component system high brightness LED epitaxial wafer and chip and three knot gallium arsenide solar battery epitaxial wafer and chip two categories of products, 2012, dry as photoelectric business income is 376.2688 million yuan, net income of 108.4394 million yuan. Profits fell 39.02% year on year.