LED illuminates business

LED illuminates business income about 4,278,000 dollars renminbi
Recently, Chinese aluminum electrolysis capacitor manufacturer's virtuous Pu science and technology develops limited company(3823), announcement up to June 30, 2011("review period inside") in period accomplishment.That group records sales amount invite renminbi about 197,000,000 dollars renminbi, gross profit rate and clean profit margin increase to 18.4% and 2.3% respectively.Among them, the LED lighting business records the income is 4,278,000 dollars about renminbi.

Virtuous Pu science and technology chairman Lee eternal life said, that group in January 31, 2011 procure Giga World Industry Company Limited 50% subscribed capital rightses after, start being engaged in production LED to illuminate product business.At the review period inside, record income invite renminbi 4,278,000 dollars, still be placed in development transition period because of that new business, the management deficiency of the business' cent department is 1,042,000 dollars for renminbi around.

In July, 2011, the virtuous Pu successfully procures light to unite science and technology limited company and gentleman fame science and technology limited company subscribed capital rights 100% and 60%.This two LEDs that procure with group the business is complement each other, also help the competition abilities of strengthening the group, that group estimates, this undertaking be able to extend LED further product business and income source.

Currently, virtuous Pu science and technology has already procured several factory premiseses with the production and assemble that carries on LED's illuminating a product.Procures an activity in the 2011 a series of relevant LED business along with that group, expect LED the related business will become group of one of the main income sources.