Jucan Optoelectronics: at present, Mini LED has shipped in small quantities.

CTOnews.com news on December 5, Jucan Optoelectronics said in response to investors' questions on the interactive platform:

At present, the company has a small batch of Mini LED shipments, while the newly launched refinancing project has been approved by the Shenzhen Stock Exchange, the project focuses on Mini / Micro LED chip research and development and manufacturing expansion.

CTOnews.com learned that with the accelerated transfer of the global LED industry to domestic substitution, the state and local governments have issued a number of industrial support policies, and the domestic LED industry has developed rapidly, and a number of enterprises with original technology research and development and leading enterprises have emerged in all aspects of the industrial chain, such as Jucan Optoelectronics established in 2010.

According to reports, the company is mainly engaged in the research and development, production and sales of compound optoelectronic semiconductor materials, and its main products are GaN-based high-brightness LED wafers and chips, which are mainly used in display backlight, general lighting, plant lighting, medical beauty and other fields.

According to the 2021 Annual report, Jucan Optoelectronics achieved an operating income of 2.009 billion yuan in 2021, an increase of 42.83 percent over the same period last year, while the net profit of shareholders belonging to listed companies was 177 million yuan, an increase of 728.43 percent over the same period last year.