This year, vogel Optoelectronics is also very active. As of June, 20021year, vogel Optoelectronic acquired part of the shares of Chen Hui Electronics, Beijing Baoang and Xingwei Electronics Company, making them the holding subsidiaries of the company, enabling the company to act as an agent for high-end optical films, die-cutting products, R&D and other raw materials in the photoelectric display industry, design precision integrated circuits, and bond backlight and touch modules, thus initially achieving certain industry integration.
Acquisition of Chen Hui Electronics, plus mini LED backlight application market-
2021April 19, vogel optoelectronics announced that it planned to acquire the 3 1% equity of Shenzhen Chen Hui Electronics Co., Ltd. (hereinafter referred to as "Chen Hui Electronics") held by Henan Xuding Enterprise Management Partnership (Limited Partnership) for 26.97 million yuan, thus increasing the mini LED backlight application market. According to the announcement, vogel Optoelectronics originally held 20% equity of Chen Hui Electronics, and together with the 365,438+0% equity acquired this time, vogel Optoelectronics will hold 565,438+0% equity of Chen Hui Electronics and become its holding subsidiary.
Image source: vogel Optoelectronics Announcement
Chen Hui Electronics is mainly engaged in LED backlight business, and its products are mainly used in smart wear, tablet computers and other consumer electronic products, as well as automobile, industrial control, medical equipment and other fields. In 2020, the company achieved revenue of 65.438+0.44 billion yuan and net profit of 2.52 million yuan.
Chen Hui Electronics has an automatic light guide plate injection workshop and a mold design and manufacturing workshop. In addition to the conventional backlight assembly, it also has independent light guide plate injection workshop and mold workshop, automatic mounter and automatic film pasting assembly line, and has introduced advanced automatic and semi-automatic production equipment and optical detection instruments.
At present, Chen Hui Electronic LCD backlight module products have been supplied to customers such as BOE Precision Electric and Truly. After this acquisition, vogel Optoelectronics will provide support in terms of manpower and funds to further expand its market share in the field of vehicle backlight.
On April 28th, vogel Optoelectronics announced the completion of the acquisition of Shenzhen Chen Hui Electronics Co., Ltd..
Vogel buys Beijing Baoang to improve the types of high-gain optical films-
On May 8, vogel Optoelectronics announced that it planned to acquire 565,438+0% equity of Beijing Baoang Electronics Co., Ltd. (hereinafter referred to as "Beijing Baoang") held by Henan Jingang Enterprise Management Partnership (Limited Partnership) with cash of 204 million yuan. After the acquisition, Beijing Baoang will become a holding subsidiary of the company. The performance commitment of this transaction is 20,265,438+0 degrees, in 2022.
Image source: vogel Optoelectronics Announcement
Vogel Optoelectronics indicated that the photoelectric display devices and high-gain optical thin film products supplied by Beijing Baoang and its subsidiaries are the main upstream materials or components, and the photoelectric finishing and photoelectric display industry chain involved in optical device products. This transaction is conducive to the synergy between the company and Beijing Baoang in technology research and development, production links, upstream and downstream channels and so on.
The acquisition involves photoelectric display devices and high-gain optical thin film products, which are necessary raw materials and components for the production of liquid crystal displays and organic light-emitting diode display devices. Beijing Baoang and its subsidiaries have achieved a good market competitive position in the photoelectric display industry. Driven by the continuous growth of the global display industry, the market demand for photoelectric display devices and special adhesive materials is huge. This transaction is based on the company's important measures to improve the industrial chain layout of optoelectronics and optical devices and further expand the company's raw materials in the field of optoelectronic display.
On July 23rd, vogel Optoelectronics announced that the delivery of 5 1% equity of Beijing Baoang Electronics Co., Ltd. was completed.
Acquisition of 60% equity of Xingwei Electronics and extension of industrial chain-
2021July 16, vogel optoelectronics announced that it planned to subscribe for a newly-increased registered capital of 6.25 million yuan in Dongguan Xingwei Electronic Technology Co., Ltd. (hereinafter referred to as "Xingwei Electronics") with a cash contribution of 25 million yuan, and to acquire Shenyang Xiaoxing Enterprise Management Partnership (Limited Partnership) and Zhuhai City with a cash contribution of 50 million yuan. After the completion of this transaction, the company will hold 60% equity of Xingwei Electronics, and Xingwei Electronics will become a holding subsidiary within the scope of the company's consolidated statements.
Xingwei technology is in the middle of the industrial chain of photoelectric display industry, and its products are mainly photoelectric display touch screens and thin film switches. Its application fields are mainly vehicle display products, security display, industrial control, smart home, medical equipment, military products, financial equipment, commercial display, household appliances and so on. Among them, vehicle-mounted display products are its main application scenarios. Xingwei is a leader in the science and technology industry, with a high level of technology, and has obtained many patents for inventions and utility models.
On September 16, vogel Optoelectronics announced that it had completed the acquisition of Dongguan Xingwei Electronic Technology Co., Ltd.
In addition, in June of this year, 5438+065438+ 10, the fifth batch of national industrial design centers was released, and the photoelectric glass industrial design center of Jiangxi Vogel Optoelectronics Co., Ltd. was recognized as the national industrial design center.
With the mass production conditions of UTG with a thickness below 30μm, mini LED backlight products have been partially produced.
At present, vogel Optoelectronics has overcome the technical difficulties of Mini LED glass substrate, basically solved the problems of effective combination of CU coating and substrate and oxidation protection of CI film, and realized the ability of a large number of micron-sized through holes, thus entering the blue ocean market of glass substrate.
At present, the glass substrate of mini LED is mainly used in the market of mini LED direct display and mini LED backlight products. For Mini LED backlight products, the company has developed 1 152 partition 15.6-inch sample and 75-inch 2046 partition Mini LED glass-based backlight products, and has started to cooperate with large panel and end-user manufacturers to develop Mini LED backlight products, and some customers have started small batch production.
For MiniLED direct display products, the company has cooperated with some customers to develop Mini LED direct display products. Shenzhen Chen Hui, the holding subsidiary of the Company, registered and established a wholly-owned subsidiary, Dongguan Chen Hui, in Songshan Lake, Dongguan, and invested in 1 glass substrate to pull mini LED product pilot die bonding line. At present, the pilot line has been installed and debugged, and the first batch of product samples have been completed, which will directly enter the mass production stage.
In the aspect of folding mobile phone case, the folding mobile phone case is developed, and the thickness of the case is less than 0.025mm, which is suitable for ultra-thin flexible display UTG project. At present, vogel Optoelectronics has broken through the technical difficulties of UTG etching, and has been able to manufacture products with a thickness less than 30μm, which is suitable for mass production. By the end of June, 20021,UTG project was in the proofing stage with related customers.
In terms of high-end cover plates of AG, AR and AF, vogel Optoelectronics is one of the few domestic manufacturers whose technologies of AG, AR and AF are superimposed. In the first half of this year, some customers have officially introduced AG into mass production, and they plan to fully cooperate with on-board OGS and sensors.
202 1 Revenue in the first three quarters was nearly 700 million, up 56% year-on-year.
Vogel Optoelectronics reported in the third quarter of 2002/KLOC-0 that the revenue of vogel Optoelectronics in the first three quarters reached 678 million yuan, up 55.6% year-on-year; The net profit attributable to shareholders of listed companies was-6,704,700 yuan, a year-on-year decrease of 65,438+0,454.38+0%. Revenue in the third quarter reached 276 million yuan, up 66.11%year-on-year; The net profit attributable to shareholders of listed companies reached-965,438+0,608,000 yuan, a year-on-year decrease of 255.82%.
Vogel Optoelectronics said that the increase in revenue in the third quarter of 20021was due to the increase in operating income of M&A subsidiary in the reporting period this year, while the decrease in net profit was due to the fact that the company is currently in the product transformation stage, and the new products have not yet achieved economies of scale, the comprehensive gross profit margin decreased and the expenses increased during the period.