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The capacity utilization rate of the Yuanyuan has reached 90% in March this year. The legal person estimates that the combined revenue in March will have a chance to jump to 350 million yuan, which will grow more than 53% from February this year. In addition, with the increase in the supply of roundabouts, the combined monthly revenue for the second quarter of this year will start from 400 million yuan, and the single-quarter revenue will be expected to grow by nearly 40% compared with the first quarter. The legal person estimates the first round of this year. The season is still a small loss situation, and the second season is expected to start making money.
Jane Fengren pointed out that the company is currently receiving good orders, some products are even in short supply, and the terminal applications come from comprehensive requirements such as TV, flat panel backlight and lighting. He also stressed that although the current price is indeed not good, but the company will adjust its product mix and capacity, and the company's internal target will turn profit in the second quarter of this year.
In the fourth quarter of last year, the capacity of the company was replaced by a new one. The number of MOCVD machines in Taiwan dropped from 58 to 51, and 13 new machines were added in the first quarter of this year. The 37 companies in the mainland are the first in this year. The season gradually entered mass production.
The total production capacity of the two sides of the Taiwan Strait is calculated by 2-inch LED wafers. The monthly production capacity in the fourth quarter of last year has slightly increased to 260,000 pieces. After the yield and new capacity are gradually adjusted, it is estimated that in the second quarter of this year. The monthly production capacity can reach 300,000 pieces, and by the fourth quarter of this year, it will reach 340,000 pieces.
Yuanyuan benefited from Korean TV backlight customers gradually entered the new machine stocking stage in February, plus the mainland May Day holiday early stocking demand, TV backlight, small and medium size and other flat and notebook backlight orders in March contributed to the performance, with lighting The demand for orders has been withdrawn, and the capacity utilization rate has reached full capacity since April. If it can be maintained continuously, it will help the gross profit in the second quarter to rise to over 10%. 
with 4-way socket outlet with or without shutters.
Capacity utilization is fully loaded, and the Q2 revenue season is expected to increase by nearly 40%.
Yan Feng, chairman of the board of directors, pointed out that at present, Yuyuan and the Yangzhou plant in the mainland have been praised. The capacity utilization rate of more than 100 MOCVD units has been fully loaded. After the adjustment of the machine performance in the second quarter, the monthly production capacity will increase. The legal person estimates that the combined revenue in March will jump more than 50% from February, and the growth rate in the second quarter will be nearly 40%.