Wang Qi Technology Q4 2007 gross profit 24%

Wang Qi downstream Technology (6168) announced dividend policy is expected that cash dividends per share of NT with 1 yuan, stock dividend 0.5 yuan. Closing price of 32.7 yuan according to the date of calculation, the dividend yield of about 4.58%.

2007, LED markets and TEA6320T datasheet and growth, so that Hong Qi also benefit. Wang Qi, began in 2007 set up a new machine, new production capacity from the end of February 2008 formally put into production, although the number of working days in February because of reduced revenues, but in March came to an end inventory adjustments in mainland mobile phone, China white box handset Orders will be back to temperature, this operation will be getting better.

Wang Qi 2007 performance of the product lines have raised, in 2007 gross margin of approximately 22% in Q4 due to product mix improvement, and TEA6320T price and the production of the economic scale, gross profit margin further increased to 24%. 2007 EPS will fall to 1.8 to 1.9 yuan. Hong Qi

2007 EPS of about 1.8 to 1.9 yuan, 1.66 yuan higher than the growth in 2006, about 1 percent. Wang Qi board of directors to be allotted 1.5 yuan per share, dividends, cash dividends and TEA6320T suppliers and stock dividends 1 per 0.5 yuan.