Azure(SZ:002245)2022-12-08 09:20Group 1: Company Overview - Jiangsu Aoyang Shunchang Co., Ltd. is engaged in metal logistics and LED business [1] - The company has three major logistics bases located in Zhangjiagang, Shanghai, and Guangdong [1][2] Group 2: Metal Logistics Business - The metal logistics business is stable, focusing on improving efficiency and reducing costs [2] - The Shanghai base primarily operates under a commissioned logistics model [1] Group 3: LED Business Performance - LED business revenue for Q3 reached approximately 80 million yuan, surpassing total revenue for the first half of the year [2] - Net profit from LED business in July-September was about 27 million yuan, accounting for over 50% of the company's total net profit [2] - The company has established an annual production capacity of around 2 million pieces for epitaxial wafers and chips, with nearly 100% capacity utilization [2] Group 4: Project Developments - The second phase of the LED project is under construction, with the main building nearly completed [2] - The Yangzhou Aoyang Shunchang project began production in mid-September after a year of preparation [3] Group 5: Financial Instruments - The company has submitted application materials for convertible bonds to the China Securities Regulatory Commission [2]