Recently, Nationstar optoelectronics introduced and exchanged information on the third quarter performance, miniled capacity and orders, and the progress of expansion projects in investor relations activities. 

 Q3 capacity utilization has begun to increase month by month As for Q3 performance not meeting expectations, Nationstar said that due to the impact of the epidemic, domestic and foreign economic growth cliff type decline, which has a big impact on the LED industry, especially the subdivision industry of the company's main packaging industry. In addition, the company's core business display packaging market share is relatively large, so the performance has been affected to a certain extent. 

 However, in response to the impact of the epidemic on the economy, Nationstar actively seized the domestic market demand share, and strategically lowered the prices of some core products. Since Q3, the capacity utilization rate has been increased month by month, but some performance has lagged behind in the financial statements.

 Nationstar pointed out that the company has accumulated a lot of mature experience in the early stage of epidemic prevention and control, and it is expected that the epidemic prevention and control measures will continue to be improved. Even if the epidemic situation continues or repeats, the impact on the economy will be weakened compared with the first time, and the probability of re infection will be reduced. At the same time, with the scale improvement, technology iteration and penetration expansion, it shows that the market will continue to develop. Nationstar plans to launch new capacity at the end of next year, and the overall revenue scale is expected to be optimized. 

 In addition, chip, as of Q3 company, chip business has achieved a substantial reduction in losses. Nationstar said that the overall development orientation of Guoxing semiconductor chip business in the next stage is "focusing on 3 + 2 business, supporting the company to enter a new track". "3" refers to the short-term focus on RGB + flip chip + UVA chip three directions of technology improvement, market development, and cautious small-scale expansion according to market conditions; "2" refers to the medium and long-term micro Led + compound semiconductor two emerging areas to carry out forward-looking research and layout, gather technology innovation team and industrialization team, reserve industrialization hardware capability and software strength, and provide guarantee for Nationstar optoelectronics to compete in the new circuit of compound semiconductor packaging and testing. 

 Mini display orders are in good condition, mini backlight customer cooperation is stable Guoxing also revealed the latest development of miniled. In terms of mini display, the company has successively developed imd-09, 07, 06 to 05 product series. At present, the order of this product is in good condition, and the expansion of production is in continuous progress. With the gradual increase of imd-09 and 07, the company will arrange new series of phased products including imd-05, cob scheme, etc., which can realize iterative mass production according to market development. In terms of mini backlight, the company has maintained stable cooperation with relevant customers in the first three quarters, and its products have been recognized by customers. 

Next, it will continue to expand the performance, types and technical routes of mini backlight products. In terms of cost, it will carry out technical exploration around high-end, mid end and economic versions, and actively explore new customers such as domestic well-known TV manufacturers. With regard to the integration of the upstream and downstream of the display industry chain in the industry, Nationstar said that with the advent of the era of mini / micro led, different technological development directions have emerged in the industry, which may have an impact on some industries of the industry bureau. 

However, from the overall division of labor, the LED industry has been relatively mature after years of development. The upstream, middle and downstream enterprises of the industrial chain have their own advantages. The division of labor in each link is refined, and it is difficult to achieve cross link surmounting in the short term. Only by doing a good job in product quality, making large-scale production and controlling costs can enterprises have competitive advantages. 

 It is also reported that the first phase investment of Geely Industrial Park project is planned to be completed in the second half of next year. In terms of product investment, the first phase investment of the project mainly focuses on RGB products and mini products, and the completion of the project is expected to increase the RGB packaging capacity by more than 10%.