On the evening of August 28, CQOR released the "2018 Semi-annual Report", which showed that the company's sapphire product sales revenue increased significantly in the first half of the year, driving the company to achieve total operating income of 612,433,089.61 yuan, a year-on-year Increased 34.65%; realized net profit attributable to shareholders of listed companies of 41,729,821.81 yuan, a decrease of 44.62% year-on-year.
According to CQOR, during the reporting period, the company continued to invest in R & D innovation and technological improvement, consolidate and improve the production efficiency, product yield and product quality of sapphire crystal growth, ingot processing, substrate cutting and polishing, and develop large sizes. Specification of sapphire crystal, adjustment and optimization of sapphire product structure, improvement and optimization of crystal growth process and substrate cutting and polishing process, further reducing the cost of sapphire crystal growth and increasing the output capacity of 4-inch substrates; meanwhile, the new generation of 3D glass hot bending R & D investment in machine and hard and brittle material processing equipment, and the use of equipment manufacturing research and development collaboration to develop a new generation of large-size glass bending equipment, to further improve the level of automation and efficiency of hard and brittle material processing equipment.