[High- tech LED reporter report] Zhou Ming Technology (300232) announced on Wednesday that the company plans to invest 360 million yuan in its own subsidiary Huizhou Zhouming Energy Saving Technology Co., Ltd. in the West District of Daya Bay, Huizhou, Guangdong Province. Construction of LED application product production base in Zhangpu District.
According to the announcement, the project's production capacity is 40,000 square meters per year. The lighting products include bulbs, spotlights, lamps, downlights, panel lights and street lamps, with an annual output of 890,000 per year. Construction began in the second half of 2012 with a construction period of 36 months.
Zhou Ming Technology said that after the project's total production capacity is reached, it is estimated that the annual average operating income will be 613.75 million yuan, and the annual average net profit will reach 79.95 million yuan. The internal rate of return of the project is 16.12%, and the total investment yield is 22.21%. The period is 7.57 years (including the construction period).
According to the announcement, the project's production capacity is 40,000 square meters per year. The lighting products include bulbs, spotlights, lamps, downlights, panel lights and street lamps, with an annual output of 890,000 per year. Construction began in the second half of 2012 with a construction period of 36 months.
Zhou Ming Technology said that after the project's total production capacity is reached, it is estimated that the annual average operating income will be 613.75 million yuan, and the annual average net profit will reach 79.95 million yuan. The internal rate of return of the project is 16.12%, and the total investment yield is 22.21%. The period is 7.57 years (including the construction period).
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