Tiantong will complete the installation of 62 90KG sapphire crystal growth furnaces at the end of May.

It is reported that "G20-LED Summit member companies" Tiantong shares (600330.SH) will have 62 90KG sapphire crystal growth furnaces installed at the end of May. By the second half of the year, the company will have 160 90KG sapphire crystal growth furnaces to be normal. Operation, the company will realize the industrialization of 90KG sapphire crystal.

According to public information, in April 2013, Tiantong Shareholders' Meeting agreed to non-publicly issue no more than 60 million shares, raising funds for an annual production of 1.15 million 4-inch LED sapphire substrate material technical transformation projects. The company's securities department said, "At present, 100 sets of crystal growth furnaces have been put into production, and a total of 160 furnaces are in normal operation in the second half of the year.

The above-mentioned persons further stated that 160 sapphire crystal growth furnaces were all put into production. According to the 4-inch film, the monthly production capacity of sapphire crystal rods is 20-25 million mm; the current price of 2 inches per mm crystal rod is 4 US dollars, and the price of 2 inch wafers is 7. The price is $-8, while the price of a 4-inch chip is about four times that of a 2-inch chip. The price of a 4-inch chip is about $30.

According to industry insiders, the continued growth of downstream LED demand and the demand for sapphire demand from mid- and long-term smartphones will continue to improve. The sapphire business of Tiantong will increase in volume and price in the next 2-3 years. Become a new growth point for the company.

It is understood that Tiantong Co., Ltd., as the main sapphire producer in China, has a long-crystal furnace equipment independently developed and produced, forming a complete industrial chain from Changjing-掏掏-wafer cutting. Tiantong's sapphire industrial substrate products are positioned on large-size (4-inch) substrates. It is one of the earliest companies in China to produce 4-inch substrates. Tiantong has achieved the world's largest C-direction (90Kg) sapphire crystal industry. And has been developing a 150 kg grade sapphire crystal.

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