Insiders pointed out that, by Sheng Photoelectric strategic cooperation with the upstream enterprises, Harmony technology will once again quick step in the DUV LED industrial layout, the company chain extends to the upstream device and downstream of major health applications, and promote the company's rapid completion strategic transformation, greater health and consumer market indicates that the company entered the imagination of a more strategic growth.

High technology threshold DUV LED products derived blue ocean market

According to public information, based on the advantages of a higher sterilization effect, shorter than 300nm deep ultraviolet light source has a greater value in lighting, sterilization, medical, printing, biochemical detection, high-density information storage and confidential communications. However, given the technical threshold DUV LED products is high, the device requires manufacturers must have the system, technology, manufacturing and other design and development capability, thus creating a high margin in the industry chain blue ocean market. Yole Développement latest report "UVLED- technology, manufacturing and application trends" that, UV LED wavelengths around 380nm (UV-LED) technology has been in the field of curing (inks, adhesives and paints) has been widely used, deep UV (265- 280nm) of UV LED will gradually usher in development opportunities into the disinfection, decontamination and other new applications. UV LED (DUV LED) is expected to range from about $ 90 million in 2014 to grow to at least $ 520 million in 2019. Taking into account the UV LED (DUV LED) in general lighting, horticulture lighting, bio-medical equipment, widely used to eliminate hospital infections, water purification and other new areas, its development potential is underestimated.

There is no commercial international DUV MOCVD epitaxial growth equipment providers, and deep UV LED epitaxial growth are all manufacturers developed its own production of small non-commercial equipment, large-scale production of the bottleneck has yet to be a breakthrough.

Involved in the field of deep ultraviolet LED Harmony Technology once again extend the industrial chain layout

According Ledinside LED industry research report, with the increasing demand, the 2015-2018 annual output of LED overall industry capacity utilization will be above 70%. LED chip as one of the important industrial chain, which also will benefit, including the core technology research and development companies will continue to expand production capacity, to obtain greater market share.

To meet the need for rapid development of LED industry, the harmony always attached importance to science and technology R & D investment in core technology, research and development expenses in 2014 invested 22,005,800 yuan, the first half of 2015 R & D investment of 9.3065 million yuan. The company already has 51 patents and 9 utility model patents, including "high-efficiency power lighting LED epitaxial wafers, chip industry projects," the Ministry of Science has been recognized as "National Torch Plan industrialization demonstration projects." It is reported that the UV healthy chip will be the focus of future development of harmony.

LED upstream fast-growing dark horse

April 28, 2011 harmony photovoltaic ground-breaking construction of the plant began, within four months of completion of the installation of the plant infrastructure and equipment. Followed by three years the industry has made eye-popping results. 2012 company revenue 66,866,300 yuan, net profit of 1.4976 million yuan; 2013 revenues of 232 million yuan, net profit of 10.812 million yuan; 2014 revenues of 369 million yuan, net profit of 64.267 million yuan.

Harmony technology since its establishment has been engaged in LED epitaxial wafers and chip R & D, manufacturing and sales operations. Main products are high-brightness GaN-based blue and green LED epitaxial wafers and chips. Produced by the company's high-brightness blue, green, violet LED epitaxial wafers and chips after the downstream packaging can be widely used in display, backlight and lighting and other high-end applications. Corporate profits mainly from the sale of profit LED epitaxial wafers and chips. It is reported that Harmony Technology now has 30 sets of MOCVD equipment, can produce high-quality epitaxial wafers 1.8 million, and will continue to expand production capacity.

May 7 this year, the harmony of Science and Technology approved the transfer of shares in the national system listed SMEs.

And released into the DUV equipment R & D cooperation message while Harmony Technology released the 2015 mid-year report shows that first-half operating income of 154 million yuan, net profit of 23.0794 million yuan, net profit growth rate of 21.24%; the balance rate of 49% end of last year fell to 46%, current ratio rose to 2.14, the net assets per share attributable to shareholders of listed companies also increased to 2.02 yuan, the solvency of each index are improved compared with the end of last year; operating activities Net cash flow for the 11.7069 million yuan, while net cash flow last year was -36.06 million, cash recycling companies significantly improve operational aspects.