LED industry is the future trend
LED lighting is the trend of the next generation of lighting products. On the one hand, long life, high luminous efficiency, and low energy consumption make LED downlights and other lighting fixtures incomparable to traditional lighting fixtures; on the other hand, the LED industry and energy conservation, environmental protection, and construction advocated by various countries are " The green and low-carbon livelihood policy is consistent.
Chinese LED companies have gained in low profits. The material shows that during the “Eleventh Five-Year Plan” period, the IC industry plan has doubled, and production and sales revenue have increased from 26.58 billion and 70.2 billion RMB in 2005 to 65.25 billion and 144 billion RMB respectively in 2010, accounting for a global volume. The proportion of physical circuit shopping malls increased from 4.5% in 2005 to 8.6% in 2010. Domestic shopping malls are planned to expand from 380 billion yuan in 2005 to 735 billion yuan in 2010, accounting for 43.8% of the market share of ICs in the world.
In 2011, under the economic downturn in Europe and the United States, exports of China's LED and other energy-saving products still rose 25% against the market, LED indoor lighting product output increased by 75% year-on-year, product prices fell 22% year-on-year, output reached 18.8 billion yuan, an increase of 38 %. According to speculation by relevant organizations, benefiting from government support and price fall, China's LED indoor lighting production will reach 30.6 billion yuan this year, an increase of 64% year-on-year; in 2015 it will reach 99.3 billion yuan, and the compound increase rate for indoor lighting output plans for the next four years will be Reached 52%. As a newly emerging industry, LED has formed an intact global industrial chain structure.
China's LED industry boom is closely related to the government's support. In March, the National Development and Reform Commission of China will clearly spend 40 billion yuan on the acquisition of LED street lamps and provide 30% financial subsidies to LED street lamp users. The local government also responded that Guangdong Province indicated that since March 1 this year, all lighting projects and new plans established in the province will be funded and LED lighting will be used in public lighting.
In addition, the capital mall’s popularity with LED malls has not diminished, making it one of the most favored industries for venture capital investment and private equity funding. The material shows that in 2011, 7 LED professional companies in China have completed IPO in A-shares, and the accumulated financing amount reached 3.625 billion yuan. In February of this year, the IPO request issued by the China Securities Regulatory Commission was on the list of companies under review. At least nine of them were LED-related companies.