Recently, Sanan Optoelectronics (600703) released a performance report. In 2010, the company's operating income was about 860 million yuan, an increase of 83.4%; net profit was about 420 million yuan, an increase of 132.7%; earnings per share was 0.72 yuan. At the same time, Sanan Optoelectronics intends to distribute a cash dividend of 2 yuan (including tax) to every 10 shares of all shareholders, and transfer 12 shares by capital reserve.
The company's announcement shows that chip sales revenue was 591 million yuan, up 40.36% year-on-year, and LED application products achieved revenue of 223 million yuan, a year-on-year increase of 563.86%.
In addition, Sanan Optoelectronics also announced that it will invest US$3 million in its own shareholding in a US company called “CRYSTAL IS INCâ€, accounting for 15.79% of its total share capital. Sanan Optoelectronics will give priority to the exclusive manufacturing rights of CRYSTAL's deep UV chips and devices in the US, exclusive use rights of aluminum nitride AlN substrates in China, exclusive use of deep purple wire epitaxial chips in China, deep UV gas parts and application products. Exclusive agent in China.
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