Datong (2371) High-level officials recently said that the 2011 operating policy will focus on profitability, and the green energy industry has great business opportunities. The full-year 2010 revenue will grow by 30%.
In the future, Datong Headquarters will focus on the growth areas such as energy conservation, green energy and smart grid, and continue to grow with existing home appliances, heavy electricity, and information electronics. Subsidiaries will continue to invest in activated assets and green energy. Under the circumstance of investing in new plants, it will grow substantially next year. Shangzhi Semiconductor is investing in a new sapphire substrate for LED upstream materials, and new business opportunities in the green energy industry will be realized in 2011.
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