Foshan Guoxing Optoelectronics Co., Ltd. (stock code: 002449, company abbreviation: Guoxing Optoelectronics, hereinafter referred to as the company) today adopted a combination of online auction and online pricing and issuance, and publicly issued 55 million A shares. stock. One of the top three LED packaging companies in mainland China The company is mainly engaged in the R&D, production and sales of LED devices and components. It is one of the top three LED packaging companies in mainland China and the largest SMD LED (Surface Mounted Light Emitting Diode) packaging company (excluding foreign-funded enterprises). From 2004 to 2006, the domestic market share of SMD LED products was 17.86%, 22.27%, and 34.00%, respectively. The company has a relatively complete LED product system: (1) LED devices, the company's products cover 0603, 0805, 1206, 1104, 1004 and other specifications Chip LED, 3528, 3020, 5050 and other specifications of monochrome, two-color and three-color Top LED, 215, 335 and other specifications Side View LED, and High Power LED, Lamp LED; (2) in the LED components, the company's products cover LED backlight, LED display module, LED light source module, LED car taillights, LED spotlights, etc. series. Since 2010, the company has become a qualified supplier of IBM; in January 2010, the company won the bid for LED spotlights, which were purchased by China Mobile's business hall for energy-saving lighting products. The winning bid of LED spotlights was 31.11%. The company is a key high-tech enterprise of the National Torch Program. In recent years, the company has undertaken major scientific research projects such as the National 863 Program, the National Development and Reform Commission's high-tech industrial technology upgrade and structural adjustment project, and the National 15th Scientific and Technological Research Program. In July 2009, the company's LED display module and high-power white LED were selected into the first batch of 130 independent innovation products in Guangdong Province. In December 2009, the company's chip LED, high-power LED and LED display were rated by Guangdong Science and Technology Department. Guangdong high-tech products. The LED packaging market has broad prospects, and the company's core competitiveness is prominent. LED lighting is hailed as the third revolution in human lighting and is expected to replace most of the traditional light sources in the future. According to research firm iSuppli, from 2006 to 2012, the global LED market sales growth rate is about 14.6%, driven by emerging sectors such as medium and large LCD backlights, automotive lighting and general lighting. It is expected that by 2012, LED The market size will reach $12.3 billion. As far as the LED packaging industry is concerned, according to the Taiwan Optoelectronics Technology Industry Association (PIDA), the global average annual growth rate (CAGR) of total LED packaging output is 13.6% from 2005 to 2010. By 2010, global LED packaging The total market output value will reach 11.583 billion US dollars. Faced with broad market prospects, the development space of related production enterprises is huge. In the fierce market competition, the company's competitive advantage in the industry is very prominent: The first is the technical advantage. The company's technical level is in the leading position in the domestic industry, and has achieved a series of outstanding results: In 2001, the company's chip LED was put into production, the performance reached the level of similar foreign products, and filled the domestic gap; in 2004, the company was first introduced in China. Ordinary PLCC LED and display with two-color and three-color PLCC LED, the performance is comparable with similar foreign products; in high-power LED devices, the company developed a new substrate material with independent intellectual property rights, new high-power LED device structure and new production process It has filled a number of gaps in this field in China and established a mass production line. The product performance and technology have reached the international advanced level. The company's RGB three-color white LED manufacturing technology and 100lm/W power white LED manufacturing technology were included in the 2006 863 Program. The company's power-based white LED industrialization key technology development was included in the 2008 863 Program. In addition, the company as the executive director of the National Semiconductor Lighting Engineering R&D and Industry Alliance, the vice chairman unit of the Optoelectronics Sub-committee of the China Optics and Optoelectronics Industry Association, and the member of the Semiconductor Lighting Technology Standards Working Group of the Ministry of Industry and Information Technology, 2005-2009, participated in the formulation. A number of national standards. The second is product advantage. The production scale, product specifications and product quality of the company's LED devices and their components are in the leading position in China. The technical performance of many products is at the domestic leading level and has strong market competitiveness. The company's LED color display (1995), chip LED (2002), semiconductor lighting source module (2005) and other products were rated as national new products; the company's chip LED display module (2004) and other products were evaluated It is a provincial key new product. The LED products developed by the company in recent years have been applied to large and medium-sized projects such as Guangzhou International Convention and Exhibition Center, Weihai Municipal Government Building, Shijiazhuang Minxin River Lighting Guardrail Project, and Shijiazhuang State-owned Building Lighting Project. After the introduction of the company's patented semiconductor light source module, it has been widely used in various lighting projects and exported to Japan, the United States and other countries. The third is the price/performance advantage. The company's economies of scale in procurement and production have effectively reduced the production cost of the company's products; the company's advantage of process management has not only improved the quality of its products, but also has a product qualification rate higher than the industry average, greatly reducing the product. The production cost of the product. Leveraging the capital market to promote the implementation of the company's strategic goals The company will raise funds for the investment in new surface mount LED technology transformation projects, power LED and LED light source module technology transformation projects, LED backlight technology transformation projects and key technologies and industrialization of semiconductor lighting fixtures. After the completion of the new surface mount LED technology retrofit project, the company will add 2.4 billion Chip LEDs and 480 million PLCC LEDs per year. The product technical indicators will reach the international advanced level; the power LED and LED light source module technology transformation project After the successful implementation, the company will add 120 million power LEDs and 12 million LED light source modules each year. Through the construction of LED backlight technology transformation project, the company will form a new production line with an annual output of 15.56 million LED backlights. The technical indicators have reached the domestic advanced level; after the key technologies and industrialization projects of semiconductor lighting fixtures are put into production, the company will form 30,000 ç›/year of high-power LED street lamps, 1 million sets of various general-purpose LED lamps/years, and various lighting engineering strips. With a production capacity of 120,000 m/year, the main technical indicators of the products have reached the international advanced level. The smooth implementation of the above-mentioned projects raised by the raised funds will help the company to gradually focus on the production of high-margin, high-tech, high value-added SMD LEDs (especially power LEDs) based on the consolidation of existing major products. And its application product transfer, Chip LED, PLCC LED, power LED as the company's three leading SMD LED products will be established. This stock issuance and listing is an important opportunity for the company's development process. In the future, the company will focus on the development of various high value-added SMD LED products (including power LEDs), and actively expand other application areas; while consolidating the company's existing status, it will continue to increase market share and actively explore the international market. The company has developed into the first and world-renowned LED manufacturer in mainland China. 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