Azure(SZ:002245)2022-12-08 05:21Group 1: Metal Logistics Operations - The company's metal logistics business has production bases primarily located in Jiangsu Zhangjiagang, Guangdong Dongguan, and Shanghai, serving the Yangtze River Delta and Pearl River Delta regions [2] - The operational status is stable, with a total processing and distribution volume of metal logistics increasing compared to the previous year, mainly driven by an increase in entrusted business volume from Shanghai [2] - In the second half of the year, the company plans to leverage the production capacity advantages of the Shanghai processing base to enhance profitability [2] Group 2: LED Business Development - The company has achieved mass production of 20 MOCVD machines, with a monthly chip production capacity reaching 100,000 pieces (equivalent to 2-inch wafers) [3] - The remaining 10 MOCVD machines from the first phase project are gradually being shipped, installed, and debugged, leading to a sequential increase in LED revenue and profit contributions [3] - The second phase project is under construction, with expectations to gradually start equipment input in the second half of next year if progress goes smoothly [3] - The company is optimistic about the LED industry, particularly in the lighting sector, which is experiencing rapid growth [3]