Gan Zhao Optoelectronics (300102) 2017 Online Performance Briefing and Investor's Briefing on the Public Issuance of Convertible Corporate Bonds was held on the Panorama Network on Monday afternoon. Regarding the market supply and demand situation in 2018, Liu Wenhui, the company's director-general, pointed out that the price increase in 2017 was mainly due to the lack of upstream supply. With the further release of upstream capacity in 2017, the supply and demand in the market will reach a short-term balance between production and demand in 2018.
Regarding the competition in the industry, Jin Zhangyu, the chairman of the company, pointed out that the products with greater competition in the industry are mainly in the low-end and mid-range sectors. The proportion of products in the medium and high-end areas is gradually increasing, and the competition can be avoided to a certain extent.
He said that the company's future expansion capacity will focus on the middle and high-end areas.
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