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In 2011, on the one hand, the company continued to steadily promote the construction of LED semiconductor chip industry base, realized mass production of products, and on the other hand increased the development of LED lighting products through green lighting products, green lighting solutions and landscape lighting. The implementation of the project promotes the application and drives the products to promote the application and technical level of LED chip products. At present, in the field of semiconductor and lighting industry, the company has initially formed a complete industrial chain from materials, epitaxial chips, chip packaging, optical design and application, and has nearly 100 patents for LED epitaxy and chip manufacturing.
In the production of chips and epitaxial wafers, after the Beijing production base was put into formal mass production, during the reporting period, the company's Nantong LED semiconductor industry base successfully completed the construction and equipment installation of No. 1 plant, and the first phase of 25 MOCVD and supporting chip equipment was completed. Commissioned and put into production. In order to further increase its technological innovation capability, the company established an LED semiconductor technology R&D center in Nantong, focusing on the development and introduction of medium-power TV backlights and lighting products and the improvement of luminous efficiency of high-power products.
The company released the 2011 profit distribution plan. Based on the total share capital of 1987701108 shares on December 31, 2011, the company distributed a cash dividend of 1 yuan (including tax) to every shareholder for every 10 shares, totaling 198770110.80 yuan, and the remaining shares are available for distribution. The profit of 208,450,467.09 yuan is reserved for future annual distribution. The capital reserve does not increase.
In 2012, the company will grasp the rhythm of the LED chip industry and promote the construction of the second phase of the Nantong production base on the basis of ensuring the first phase of the Nantong production base and the MOCVD and supporting equipment of the Beijing base. At the same time, the company will also improve the production and performance indicators of lighting and backlight chips through the establishment of product R&D centers, speeding up the development of high-power and high-voltage LED chips, and through the company's internal supply chain advantages, Application-driven product sales and product development to increase product added value and operational benefits. 
Tongfang shares released its 2011 financial report, and the company achieved operating profit of 852 million yuan, an increase of 34.97% over the same period of the previous year. The total profit was 1.06 billion yuan, an increase of 47.03% over the same period of the previous year. The net profit attributable to shareholders of listed companies was 700 million yuan, an increase of 47.52% over the same period of the previous year. The net profit attributable to shareholders of listed companies after deducting non-recurring gains and losses is 120 million yuan.