Yu Diamond is expanding and expanding micron diamond wire for LED substrate cutting

Yu Diamond disclosed the plan for non-public offering of shares on the evening of July 14. The company plans to issue no more than 80 million shares to no more than five targets, and the net proceeds raised will not exceed 325.01 million yuan for the annual output of 350 million meters of micron diamonds. Production projects and supplementary liquidity.

According to reports, at present, the market demand for micron diamond wire is growing rapidly. It is mainly used in the field of silicon-based battery slicing, silicon rod opening, and silicon rod cutting in the solar photovoltaic industry. It is used in the sapphire industry for LED substrate sheets and epitaxial wafers. Cutting, etc., other cutting such as precious metals and precision ceramics, the application field is more extensive.

In the next few years, as the cost of sapphire screens drops significantly, the application of sapphire will gradually expand into emerging fields, such as smart phones and other electronic products such as touchpads, camera lenses and home keys, sapphire crystals and other emerging fields, sapphire The market space for emerging applications is gradually opening up and further bringing to the market demand for micron diamond lines for the sapphire industry. The micron diamond line is conservatively estimated that the domestic market demand in 2014-2016 can reach 800 million meters, 1.1 billion meters and 1.4 billion meters, and the global market demand will be even greater.

The annual production of 350 million meters of micron diamond line expansion project is organized and implemented by Huajing Precision, a wholly-owned subsidiary of the company. The total investment is 285.01 million yuan, of which construction investment is 235 million yuan and working capital is 50.1 million yuan. According to the company's economic benefit analysis, the project construction period is 20 months. After the project is put into production, the annual sales income of the normal year can be 161.91 million yuan. Calculated by the income tax rate of 25%, the annual average net profit after tax is 41.44 million yuan. The internal rate of return before the income tax of this project is 21.5%, the financial net present value is 126.69 million yuan, and the investment recovery period (including the construction period) is 5.4 years.

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1. Solar panel: 18V/40W poly with 5m cable

2. Battery: 12V*40Ah Lithium Battery
3. Output power:  500W inverter
4. Charging time: 4 hours
5. Extra battery voltage: DC12V
6. DC output: 5V/2A and 12V/5A
7. DC input: 12V/5A (PV charger)
8. Input voltage (Max): 24V
9. LED Lamp: 3W led lamp with 5m cable*2pcs
10. Lighting time: 74 Hours (2 lamps)
11. USB output: 5V/4A*4pcs
12. 4 in 1 charging kit: 1 set
13. AC output: 220V/50Hz or 110V/60Hz
14. Car boot port voltage: 12V/600A(instant current)
15. Storage time: 6 months
16. Operation Humidity: 10%RH-90%RH
17. Protection grade: IP42
18. Charge operating temperature: 0-45°C
19. Discharge operating temperature: -10~50°C
20. Certification: CE\FCC\UN38.3\ROHS
21. Dimentions: 480*305*165mm/power box
22. Weight: 8.5kg for power box, 13KG for whole set

23. Color option: Red and white, Yellow and white

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YFJ TECHNOLOGY (HK) CO.,LIMITED , http://www.yfjpower.com