LED industry is known as the third light revolution on the history, and the "revolution" will be the biggest battleground in the home lighting market. Industry insiders estimate that by 2015, LED lighting business up to five hundred billion yuan.
LED chips in the upper reaches of the context of lower prices, LED industry analyst Liu Liang on January 11 to accept a financial weekly, said a telephone interview: "LED upstream chip prices began to decline from last year, prices are still 20 this year % to 30% decline, which will make a substantial decline in the cost of LED products. "LED lighting is expected to become in 2011 the rapid development of the" first year "as a leading manufacturer of high-end LED products, development of the industry is expected to catch the" Express . "
Societe Generale Securities believes that traditional lighting LED lighting products and products during the rapid decline in the price difference, LED lighting penetration will increase rapidly, LED lighting, large-scale alternative to the end of 2011, early 2012 start ,2011-2012 will be a LED lighting industry, an important investment timing.
In the course do not forget to develop "second Five-Year" Plan of LED development has three key elements, namely, to enhance the efficiency of LED chip, LED, white LED patent portfolio to strengthen and accelerate development of LED lighting.
With high-tech 21st century ﹑ LED light source than traditional environmental protection and energy conservation in the advantages of such publicity, and the current top-down encouragement and incentives, so many investors will be a lot of money thrown into this area , which not only national, all funds, and even lack private. Meanwhile, local government support, are engaged in a lot of places like the spectacular mass movement LED large-scale production.
Clearly, LED lighting market prospects, but for local businesses is challenging, in addition to core technologies to develop the market, consumer acceptance, price, etc., these are LED lighting products for commercial problems.
Investment Advisor in the Research Director Zhang Yan Lin pointed out that despite market expectations so high, will be the future of the Asian market or the largest LED application market, but at this stage there are still many weaknesses of the domestic market, the mainland market application experience to be used if the future will may be reduced to do the wedding dress for foreign lighting giant proportions. Government urgently introduce relevant products, uniform standards, strict control of the market system and industry standard development trend, as soon as possible Quality enterprises account for the international market status of the protagonist.
Belong to the same LED packaging industry chain of the sun lighting (600 261) subject to the same Sector. 2010 third quarter total of four agencies stationed in the stock. The third quarter of 2010 shares gained 58.94%.
Agencies to see more positive, as expected due to the good sun light. It is understood that the sun light is the integration of the world's major manufacturing base of electronic energy, the main products for the integration of electronic energy saving lamps, fluorescent lamps and high power matching lamps and special lamps.
Meanwhile, the expansion through the acquisition of Hangzhou Hankuang ceramic metal halide lamp, LED lighting products to expand. Guoxin Securities analyst Chen Jian believes that increased investment in new LED lighting, will become the next engine of growth: the company has been in the LED lighting products have a better product reserves and the recognition by European and other markets, will continue to energy-saving lamps product after the next round of growth in the company main products. We believe the company will further accelerate the chip package input.
On the results, the sun lighting the first three quarter revenue 1.54 billion, an increase of 25.3%; earnings per share of 0.581 yuan, net profit rose 52.4%. Among them, one quarter of last year's third quarter gross margin decreased significantly.
In this regard, analysts WESTERN said, mainly because the country started selling late last year to promote efficient lighting, low-margin products. Meanwhile, Imposed that the sun light is good long-term value investment products promising energy-saving lamp industry is expected to maintain the three-year compound growth rate 30%; the sun lighting the rapid growth as the industry leader could continue for quite a long time to achieve 2018 tens of billions of revenue has been its strategic objectives.
It is noteworthy that on Tuesday, the sun light from the sun had changed its name to Zhejiang Sunshine Lighting, at the same time, institutions appear to flee in the sign of the stock, changed its name to the previous day, the sun lighting board the motor ability tests, the Guotai Junan headquarters and an institutional money to buy 22,884,600 yuan, while five bodies hit 102 million seats sold.
In this regard, in Shanghai, a fund of fund managers suggested that, for skyrocketing in recent years there have been double listed companies should be vigilant, even though the sun lighting a quality assets, but as an institution, the price is a factor in their consideration, in a continuous After the surge, in addition to disk requires taking profits, the OTC market funds are not high. Therefore, the need for careful analysis and operations.
From the new business perspective, LED is undoubtedly the most worthy of attention. Joint venture to do more than LED optical core Niger package, then the LED process (mask, dicing and SMD, etc.) in the Higashiyama precision, and finally to create a packaged LED backlight module for further sales to downstream customers. The company is doing direct type of (the company can do 2cm around the edge-type currently on the market-based), using a flip technology is characterized not gold. The progress of the project announcement, LED backlight LCD TV since January 2011 2-3 scale production is expected to have 800 million -10 billion in revenue. Because LED project is want to do after listing, so the back and the LED backlight large-scale business can achieve revenue next year, depending on household electrical appliances from downstream customers to order and the actual implementation of this technology in the accumulation.
It is understood that the process of the joint venture's core package better than expected, to meet the scale of production conditions. Company core strength lies in the advanced LED packaging technology, the cost reduction is reflected in the LED general lighting products (led high bay lighting), the company has two advantages: low cost, the use of surface light. Reflected in the LED backlight modules, the company has two advantages: low cost (32-inch LED direct type backlight module prices of the same size edge-lit backlight lower prices), thin (backlight module using the company group, the thickness of the LCD module 20mm, with shell thickness of not more than 30mm), each of the advantages of the world's only company products can do.
That because our products have a cost advantage, direct type backlight module cost and thickness of the global competitive advantage, so our products have a very large market potential (20 billion U.S. dollars LED TV backlight module market (led flashlight keychain), LED lighting over 100 billion U.S. dollars market) to meet the level of mass production, the company will usher in rapid expansion, the current is still buying opportunity. Therefore, the company maintains the forecast of per share 0.75 yuan, 2.07 yuan, 3.48 yuan in 2010, 2011, 2012. From: wholesale LED lights
