Azure(SZ:002245)2022-12-08 02:04Group 1: Company Overview - Jiangsu Aoyang Shunchang Co., Ltd. is involved in metal logistics and LED business [2] - The company has a stable metal logistics business primarily serving the Yangtze River Delta and Pearl River Delta regions [3] Group 2: Metal Logistics Business - The metal logistics production bases are located in Zhangjiagang, Dongguan, and Shanghai [3] - The company utilizes a unique internal management system to improve efficiency and reduce costs, leading to significant net profits [3] Group 3: LED Business Performance - The LED revenue is experiencing rapid growth, with an annual capacity of approximately 200,000 wafers/chips [3] - The LED production line is currently operating at full capacity, meeting or exceeding design performance and quality requirements [3] Group 4: Future Developments - The second phase of the LED project is under construction, with partial production expected in the second half of the year, while the main capacity contribution will be in the following year [3] - The company plans to issue convertible bonds, prioritizing original shareholders for allocation, with specific ratios to be disclosed later [4]