Tianlong Optoelectronics (300029.SZ) Securities Department said on June 18 that the company's subsidiary Zhonghao Optoelectronics has realized the sales of six (cavity) MOCVD equipment. Due to the uncertainty, this year's specific sales data is temporarily inconvenient to disclose.
Chen Aihua, Chairman and CEO of Zhonghao Optoelectronics (Shanghai) Co., Ltd., introduced in November last year that customers who purchased MOCVD equipment from the company include Huacan Optoelectronics (300323.SZ) and Yuanrong Optoelectronics. Due to the high cost of R&D and production of the equipment, the company adopted a sales and production strategy.
Tianlong Optoelectronics lost 510 million yuan in 2012 and continued to lose 130 million yuan in 2013. It became the first GEM company to lose money for two consecutive years and was specially treated with delisting risk warning. The company's main photovoltaic equipment, but also involves lottery machines, photovoltaic power stations and Other services.
The company previously stated that it will strive to turn losses into profit in 2014 by striving for large orders, disposal of assets, and cost savings.
Chen Aihua, Chairman and CEO of Zhonghao Optoelectronics (Shanghai) Co., Ltd., introduced in November last year that customers who purchased MOCVD equipment from the company include Huacan Optoelectronics (300323.SZ) and Yuanrong Optoelectronics. Due to the high cost of R&D and production of the equipment, the company adopted a sales and production strategy.
Tianlong Optoelectronics lost 510 million yuan in 2012 and continued to lose 130 million yuan in 2013. It became the first GEM company to lose money for two consecutive years and was specially treated with delisting risk warning. The company's main photovoltaic equipment, but also involves lottery machines, photovoltaic power stations and Other services.
The company previously stated that it will strive to turn losses into profit in 2014 by striving for large orders, disposal of assets, and cost savings.
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