Progress updates on LED-related projects by companies such as Nationstar Optoelectronics and Han's Semiconductor

Recently, companies such as Nationstar Electronics, Han's Semiconductor, and Dacheng Optoelectronics have reported new progress on their LED-related projects.

The first phase of the expansion project at Guoxing Optoelectronics' Geely Industrial Park has been completed. <br /> Guoxing Optoelectronics stated on its investor interaction platform on March 18 that the first phase of the expansion project at its Geely Industrial Park has been completed.

It is reported that Geely Industrial Park was put into operation in 2024 with a total investment of 2 billion yuan. The project focuses on the production of RGB small-pitch LED, Mini/Micro LED, TOP/CHIP LED and other products, which are mainly used in ultra-high-definition and new smart displays, smart car lights, smart homes, ultraviolet sterilization and other fields.

Nationstar Optoelectronics' main businesses include LED business and semiconductor packaging and testing business. Its main products include LED epitaxial wafers and wafers, LED packaging and component products, integrated circuit packaging products, and third-generation compound semiconductor packaging and testing products.

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Han's Semiconductor Signs Agreement to Establish East China Headquarters in Suzhou <br /> According to official news from Suzhou High-tech Zone, on March 13, Han's Semiconductor officially signed an agreement to establish its East China headquarters in Suzhou High-tech Zone. This project will focus on the research, development, production, and sales of coating, developing, and cleaning equipment.

Han's Laser is a leading domestic manufacturer of industrial laser processing equipment. Its semiconductor division focuses on providing automated professional equipment for precision processing and visual inspection for industries such as LED, panel, and semiconductor.

Zhang Jianqun, Vice Chairman and Executive Vice President of Han's Laser, stated that in the future, Han's Semiconductor will rely on its East China headquarters to focus on core technology areas, increase R&D investment, optimize product structure, and provide advanced and efficient solutions for semiconductor manufacturing companies in the High-tech Zone and even across the country.

As demand from downstream industries gradually recovers, Han's Laser's operating performance continues to improve. The company's 2024 earnings forecast indicates that net profit is expected to be between RMB 1.7 billion and RMB 1.8 billion, representing a year-on-year increase of 107.26% to 119.45%.

The main structure of Dacheng Optoelectronics' new energy vehicle light source project is expected to be completed by the end of this month . According to official news from Yangzhou, the Dacheng Optoelectronics new energy vehicle light source project is under construction and aims to complete the main structure by the end of March.

Project manager Shen Jiaxiao explained that the project has entered the final stage of frame capping, with the top layer pouring currently underway. The main structure is expected to be capped by the end of March. The contractor is accelerating construction while ensuring scientific, efficient, and meticulous workmanship. After the capping, the project will enter the fire protection, electromechanical, and supporting facility construction phase, striving for early completion and operation.

It is understood that the project covers an area of ​​more than 30 acres, with a total construction area of ​​70,000 square meters and a total investment of US$35 million. The plan is to build a 6-story factory building, an 8-story factory building and related supporting facilities.

This project is expected to be completed and accepted in September, and put into production by the end of the year. Upon reaching full capacity, it will have an annual production capacity of 250,000 sets of LED light source lamps for new energy vehicles and 200,000 sets of lightweight material interior and exterior trim parts for new energy vehicles. (Compiled)

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