Optical crystal: the Blue glass high visibility Video luxury goods Glasses flexibility

The Company announced the Annual Report of 2012: income of 5.9 billion, an increase of 36.8%, operating profit of 170 million, an increase of 19.9%, attributable to the listed companies net profit of 148 million, an increase of 21.2%, earnings per share of 0.59 yuan. Dividend plan: to be 10 to send 2 million every 5 shares. Notice: 13 years Q1 net profit year-on-year increase of 120-140%.

Benefit from a single power SLR OLPF and blue glass (1369,7.00,0.51%) filters rapid business growth, revenue in the second half of the company remain high, and the gross profit margin is higher quarterly basis. The company Q1 revenue of 093 million, 144 million, 181 million and 1.74 billion; net profit of 10,020,000, 33,400,000, 58,980,000 and 45,530,000 yuan; analysis Q2 performance improvement was mainly from yield improvement and capacity utilization rate of increase in Q3 and Q4 results improved from the amount of new customers on new products. Another noteworthy aspect is the trend in gross profit margin increased quarter by quarter, and were 35.7%, 40.1%, 47.2% and 56.4% (annual consolidated gross profit margin of 46.4%, 48.9%) in 11 years, quarter by quarter and 2011 formed in contrast to our analysis, the addition by the rapid income growth of the economies of scale, the company's new core customers is relatively high gross profit margin of blue glass business, 13-year gross margin is expected to continue to maintain a high level.

LED sapphire substrate projects on track and start profitable. 12 LED sapphire substrate income of 49.85 million yuan, an increase of 424%, the gross profit margin of 14.7%, net profit of 290 million yuan. Capacity flat sheet 200,000 / month, PSS5 000 pieces / month, 2 inches.
Smart phone with blue glass filter (IR-CutFilter) and SLR single electronic camera with an optical low-pass filter (OLPF) is still 13 years the highest growth drivers of visibility and certainty. SLR single power OLPF and package cover, as well as smart phone with blue glass filter 13 years will continue to be the highest visibility growth drivers, blue glass business customers enter the last year, is expected this year, Sunny Optical domestic customers shipments are expected to grow faster, become the most important incremental.

Is expected to become the next new strategic business based on micro-projection video luxury glasses. By photoelectric the shareholding subsidiary of Zhejiang Jiang Jingjing to enter the field of micro-investment in DLP and LCOS technology research and development. As Google Glass close to commercialization, we are highly optimistic about the company supporting optical components (such as Google [microblogging] prism glasses) field development potential in the video glasses, is expected to become the largest source of than-expected results.

Expected Q1 net profit year-on-year increase of 120-140% in 13 years. The company expects first quarter net profit of 13 years between 2000-2400 million, an increase of 120-140%, equivalent to earnings per share of $ 0.08-0.10.

Not consider the video glasses business, the company forecast earnings per share in 2013-15 0.94,1.34 and 1.75 yuan, an average annual growth rate of 43%. Maintain "highly recommended" rating, short-term target price of 40.2 yuan / share, corresponding to 2014 PE of 30 times.

Risk Warning: isabel marant berry boots lower than expected; SLR single power lower than expected; cartier love glasses commercialization of lower-than-expected

Fashion brand glasses Native Sons upcoming

IT spares no effort in collection and open up the first-line fashion brand, began in July 2012 and the famous glasses Boutique Coterie launched cooperation plan, as the concept of the line designer glasses single product introduction of market trends, art, vision, spread a different luxury marketing attitude.
Cooperation three months since has sold a trend glasses contain a total of seven brand Karen Walker, Thom browne, Neighborhood, Prism, GRAZ, Oliver Peoples, Lunettes single product, such as 4 by Neighborhood main reason people bring again Takizawa Shinsuke designer Tommy O 'gara the Native Sons glasses together to build brands and November 1 in a specified IT shop on isabel marant sale.
Native Sons glasses single product produced in Fukui Prefecture, famous cartier love glasses Health Kobo the LIGHT. Besides all handmade, of which the plastic frame glasses produced also plate build quality Cellulose based Acetates (cellulose acid vinyl ester) from Japan, together with the diamond pattern design copper wire and arrow-shaped design hinge manufacturing and spend the traditional structure of the star nut fastening hinge; metal frames are used to enhance texture using high quality titanium metal to build, and with a hand-polished by.
Design, more fit Asian face frames seem to be tailored to the local market, to ensure wearing comfort and better modification of the face.
Native Sons is a brand new glasses and accessories brand, the original Dita creative director Tommy O 'gara Neighborhood main reason people Takizawa Shinsuke two designers come together to study and proceed with the creation, represents a set of original series of glasses of the highest quality. Brand single product produced in Fukui Prefecture, Japan's famous glasses Kobo the LIGHT, and the use of hand-as well as the highest quality materials and completed. Filled with the brand's iconic design and the excellence of the details of the brand since the advent of it by the enthusiastic response of the trend circle. At the same time, they have also designed a new breed of the concept of home and the wonderful industrial with mechanical single product, a blend of the art and the avant-garde design, to create a more compact and practical products, so that we use in
everyday life.

Qualification luxury glasses US-pupil costs to sell low-quality low-margin high hazard large

The message: April 8 through OEM, a cost only seven yuan "US-pupil" several resale boarded the counter, the price becomes fifty or sixty dollars. Currently engaged in the illegal manufacture and sale of fake and shoddy color contact lenses Xiemou et al the Xuhui Procuratorate on suspicion of the crime of illegal business prosecution
First, a large number of non-sticking labels contact lenses (commonly known as the "bare bottle", "white bottle") arrived from Guangzhou, Shanghai, and was subsequently transported to a warehouse in Songjiang. Where these bare bottle "workers labeled as" luxury glasses "," cartier love glasses"and other words of trademarks All trademarks are fraudulent others SFDA (quasi ) font size or SFDA (in) famous, production batch number, manufacturing date, expiry date and other content are free to fabricate.

OEM, the United States pupil was sent to Shanghai, Ningxia, Beijing, Zhejiang, Guangdong and other places, appear in inextricably linked Co., Ltd. and Shanghai Everbright glasses glasses sales store - cost only seven yuan per piece pupil of the United States, on the counter suddenly worth rose to fifty or sixty dollars per tablet.
Well, whether there are consumer because wearing this OEM beauty Hitomi products and eye irritation it? Color contact lenses have been tested, the case is seized after sampling a number of indicators are unqualified. Items as direct contact with eyes, contact lenses, in addition to excessive bacteria will cause harm to humans, plated colors plus shoddy color lenses without critical treatment, but also induced keratitis, corneal ulcer, dry eye and other eye diseases, more serious is that color on the lens material loss, and adhere to the eye, and may even cause blindness and other problems.
August 13, 2012, the police in Shanghai Everbright Optical Co., Ltd. detained not yet sold contact lenses 112 million bottles in the warehouse, identified the value of RMB 592 million yuan. Illegal commissioned the production of contact lenses 108 million bottles, the identification of a value of 561 million yuan. The prosecutors revealed later immediately instructed law enforcement officers also dealt with a isabel marant dicker Shanghai Everbright Optical Co., Ltd. production of "bare bottle a Vision Technology Co., Ltd. in Guangzhou and Qingdao, an Optical Manufacturing Co., Ltd..
At present, the legal representative of Shanghai Everbright glasses Xiemou and others arrested for the crime of illegal business Xuhui Procuratorate prosecuted