Tongfang Guoxin's 2013 net profit increased by 90%, 10 turns, 10 sent 1

Tongfang Guoxin released its 2013 annual report. During the reporting period, the company achieved operating income of 920 million yuan, an increase of 57.38% over the same period of the previous year; net profit attributable to shareholders of listed companies was 270 million yuan, an increase of 92.90% over the same period of the previous year. As of December 31, 2013, the company's total assets were 3.07 billion yuan, a year-on-year increase of 12.95%.

Among them, the company's integrated circuit business realized operating income of 690 million yuan, accounting for 75.14% of the company's operating income; net profit of 260 million yuan. The quartz crystal business realized operating income of 220 million yuan, accounting for 24.53% of the company's operating income, and realized a net profit of 14.48 million yuan.

Tongfang Guoxin said that the trial production of the company's sapphire substrate material wafer processing line has been completed, and the 2" and 4" LED substrate sheets have been in batch production capacity. The introduction, installation and commissioning of the 10" sapphire single crystal production technology and supporting equipment have been initially completed and entered the trial production stage. The project has been supported by national science and technology cooperation projects.

Tongfang Guoxin intends to use the total share capital of 303,408,984 shares at the end of 2013 as a base to distribute a cash dividend of 1.00 yuan (including tax) to every 10 shares of all shareholders, and a total of 30,340,898.4 yuan is distributed. At the same time, the capital reserve will be increased by 10 shares for every 10 shares of all shareholders.

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