The spring warmth of the LED industry is largely due to the growth in demand in overseas markets, and LED lighting is accepted by more and more foreigners. In China, the demand for the residential lighting market will be faster. There will be a large number of purchases in 2014, and the LED application market may double next year.
According to industry analysts, LED lighting has opened up the market in the civilian sector, in addition to opening the market in the field of public lighting and commercial lighting. With the outbreak of demand, leading companies in the A-share market will benefit.
Previously, after continuous large-scale investment in 2009-2011, the upstream segment of China's LED industry has experienced overcapacity, and the price of LED chips continued to decline, resulting in a serious decline in the gross profit margin and output value of chips and packaging. China has introduced a series of industrial support policies including the 12th Five-Year Plan for LED lighting, aiming to promote the development of the domestic LED lighting industry. According to the plan, in the next three years, China's LED lighting industry will realize the localization of key equipment and important raw materials, and the industrial concentration will gradually increase.
Among them, Hongli Optoelectronics started with packaging technology, but the company continued to infiltrate downstream applications. The company penetrated into the general lighting field through the subsidiary Ledia, and the Guangzhou Fo Da signal penetrated into the automotive lighting field. A securities company pointed out that the company's performance highlights are automotive LED products, and its automotive lighting products revenue increased by 65.20% in 2012. In the case of high barriers in the automotive market, many of the automotive LED lighting patents of the company have made Hongli an excellent prospect in the field of automotive LED lighting.
In addition, LED projects in the early stage of Sunshine Lighting will also be put into production this year. Among them, the Xiamen base will achieve 8.5 million LED bulbs per month by the end of this year. The Shangyu base will achieve 2 million LED bulbs per month by the end of this year. With the gradual release of production capacity, the company will reach the level of 2.5 million LED bulbs per month in the second half of the year, with an output value of about 600 million yuan. In the future, the company will form a production capacity of approximately 80 million LED lamps per year, and its business focus will shift from traditional energy-saving lamps to new LED lamps.
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