Tongfang Guoxin said that the LED substrate sapphire project was promoted as planned in the first half of the year, and the sapphire crystal production project was supported by the Ministry of Science and Technology. The sapphire substrate and window film have been shipped at a stable scale. In the first half of 2013, the quartz crystal and LED substrate materials business achieved operating income of 107 million yuan and net profit of 8.17 million yuan.
The report shows that the first phase of the LED substrate material sapphire wafer industrialization project, the total planned investment is 114 million yuan. As of the end of the reporting period, the accumulated actual investment amount is 112 million yuan, the project progress is 98%, and the accumulated sales income in the report period is 3,210,400 yuan.
Tongfang Guoxin expects that the net profit attributable to shareholders of listed companies will vary from 47% to 75% from January to September 2013, and the net profit range will be from 160 million yuan to 190 million yuan.
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