Since the "multi-site mandatory promotion of LED products is said to be cited as "industry disaster"", the industry has responded strongly. An unsigned article appeared on the Internet and questioned the report. The reporter conducted a follow-up interview on the questioning and learned from the public channels that the current LED industry in China relies mainly on government subsidies for survival, and the product cost performance is seriously out of balance.
Unsigned network article questioning
On November 20th, a media reporter who asked for anonymity told reporters that he received a call from the "mysterious character" on the same day, hoping to publicize the positive information about the LED industry, and many media reporters refused.
Subsequently, an unsigned article "Experts call for the media to report the LED industry rationally" is seen in the network. The article pointed out that the reporter interviewed several experts on the recent media reports that “multi-site mandatory promotion of LED products is accused of introducing “industry disastersâ€â€. Experts have pointed out that the development of strategic emerging industries requires government guidance and support. Need objective and true coverage of the media.
In order to more objectively report on the status quo of the LED industry, the reporter hopes to understand the latest research results of the experts in the text, but therefore the author has no signature, no expert real name.
Wen Qing (pseudonym), who used to be a practitioner in the UK lighting industry, questioned the statement that “LED has become a hot topic for discussion among Chinese and British strategic expertsâ€. He revealed that there is no mature LED industry experience in the UK.
Government subsidies induce corporate investment impulses
According to public information, from the beginning of this year to November 10, there were 7 listed LED companies, all of which fell sharply, ranging from 20% to 65%.
On July 3, the Guangzhou Iron and Steel Co., Ltd., which is on the verge of delisting risk, showed the largest single subsidy for the LED industry in 2012 – a financial subsidy of 200 million yuan.
On July 11, the website of the Ministry of Science and Technology released the "12th Five-Year Plan" for the development of semiconductor lighting technology. The plan requires that by 2015, the industrial scale will reach 500 billion yuan, and 20-30 master enterprises with core technologies, more independent intellectual property rights and independent brands will be cultivated, and 40-50 innovative high-tech enterprises will be supported.
On August 24, China Electronics Import and Export Corporation released the 2012/2013 financial subsidy promotion project for semiconductor lighting products (indoor lighting products - LED downlights, reflective self-ballasted LED lights) and (outdoor lighting products - LED street lights) , LED tunnel lights) winning the final result.
According to reports, in order to implement the “Twelfth Five-Year Plan†energy conservation and emission reduction plan, the country has increased its subsidies for the LED lighting industry since 2009. In May 2012, the Guangdong Provincial People's Government proposed to fully popularize LED lighting products in the public lighting sector in the province within three years, and to drive the LED industry to achieve the annual output value of more than 500 billion yuan in 2015. According to data from the Guangdong Science and Technology Department, since 2010, Guangdong has invested 1.35 billion yuan in special funds to guide enterprises and the society to invest nearly 6 billion yuan.
As can be seen from the report data, the listed company Sanan Optoelectronics' profit in the third quarter was 667 million yuan, and the subsidy was as high as 328 million yuan, accounting for nearly half. Coincidentally, Dehao Runda’s net profit for the middle of this year was 120 million yuan, and government subsidies amounted to as much as 150 million yuan.
The huge subsidies have made the investment of related companies more than impulsive. Sanan Optoelectronics decided to raise funds totaling no more than RMB 6.3 billion to invest in Anhui Wuan Optoelectronics Industrialization (Phase II) project and Anhui Sanan Optoelectronics Co., Ltd. LED application product industrialization project. Currently, the public offering of shares has been The report to the China Securities Regulatory Commission is still under review.
According to industry insiders, at present, LED core technology - chip technology is mainly controlled by the United States, part of which is controlled in Taiwan, China is mainly LED OEM base, and the Pearl River Delta is a gathering area for large and mid-stream enterprises in the application market, but Unable to master the core technology and the imbalance of cost performance of LED lighting products is still a serious injury in the LED industry.
On November 21st, the Taichung City Council's construction of the Water Conservancy Commission removed the “Central†subsidy LED street light for NT$79 million. The LED brightness and durability are the biggest problems.
Taichung City Councilman Li Zhong said that the LED street light is not easy to dissipate heat and the brightness is not enough. At present, a halogen street lamp is installed every 50 meters. If it is changed to an LED street light, it must be installed every 20 to 30 meters, and the brightness is sufficient. Increasing the intensity of the lamp holders will inevitably lead to a rebound in the public. LED street lamp cost about 40,000 yuan, the heat dissipation problem has not been solved, so the substrate is easy to embrittlement, only 5 years life, and the traditional street lamp cost only 4,000 yuan per urn, although the LED street lamp saves part of the electricity bill, but overall there is no More money.
(This article is reproduced on the Internet. The texts and opinions expressed in this article have not been confirmed by this site, nor do they represent the position of Gaogong LED. Readers need to verify the relevant content by themselves.)
Unsigned network article questioning
On November 20th, a media reporter who asked for anonymity told reporters that he received a call from the "mysterious character" on the same day, hoping to publicize the positive information about the LED industry, and many media reporters refused.
Subsequently, an unsigned article "Experts call for the media to report the LED industry rationally" is seen in the network. The article pointed out that the reporter interviewed several experts on the recent media reports that “multi-site mandatory promotion of LED products is accused of introducing “industry disastersâ€â€. Experts have pointed out that the development of strategic emerging industries requires government guidance and support. Need objective and true coverage of the media.
In order to more objectively report on the status quo of the LED industry, the reporter hopes to understand the latest research results of the experts in the text, but therefore the author has no signature, no expert real name.
Wen Qing (pseudonym), who used to be a practitioner in the UK lighting industry, questioned the statement that “LED has become a hot topic for discussion among Chinese and British strategic expertsâ€. He revealed that there is no mature LED industry experience in the UK.
Government subsidies induce corporate investment impulses
According to public information, from the beginning of this year to November 10, there were 7 listed LED companies, all of which fell sharply, ranging from 20% to 65%.
On July 3, the Guangzhou Iron and Steel Co., Ltd., which is on the verge of delisting risk, showed the largest single subsidy for the LED industry in 2012 – a financial subsidy of 200 million yuan.
On July 11, the website of the Ministry of Science and Technology released the "12th Five-Year Plan" for the development of semiconductor lighting technology. The plan requires that by 2015, the industrial scale will reach 500 billion yuan, and 20-30 master enterprises with core technologies, more independent intellectual property rights and independent brands will be cultivated, and 40-50 innovative high-tech enterprises will be supported.
On August 24, China Electronics Import and Export Corporation released the 2012/2013 financial subsidy promotion project for semiconductor lighting products (indoor lighting products - LED downlights, reflective self-ballasted LED lights) and (outdoor lighting products - LED street lights) , LED tunnel lights) winning the final result.
According to reports, in order to implement the “Twelfth Five-Year Plan†energy conservation and emission reduction plan, the country has increased its subsidies for the LED lighting industry since 2009. In May 2012, the Guangdong Provincial People's Government proposed to fully popularize LED lighting products in the public lighting sector in the province within three years, and to drive the LED industry to achieve the annual output value of more than 500 billion yuan in 2015. According to data from the Guangdong Science and Technology Department, since 2010, Guangdong has invested 1.35 billion yuan in special funds to guide enterprises and the society to invest nearly 6 billion yuan.
As can be seen from the report data, the listed company Sanan Optoelectronics' profit in the third quarter was 667 million yuan, and the subsidy was as high as 328 million yuan, accounting for nearly half. Coincidentally, Dehao Runda’s net profit for the middle of this year was 120 million yuan, and government subsidies amounted to as much as 150 million yuan.
The huge subsidies have made the investment of related companies more than impulsive. Sanan Optoelectronics decided to raise funds totaling no more than RMB 6.3 billion to invest in Anhui Wuan Optoelectronics Industrialization (Phase II) project and Anhui Sanan Optoelectronics Co., Ltd. LED application product industrialization project. Currently, the public offering of shares has been The report to the China Securities Regulatory Commission is still under review.
According to industry insiders, at present, LED core technology - chip technology is mainly controlled by the United States, part of which is controlled in Taiwan, China is mainly LED OEM base, and the Pearl River Delta is a gathering area for large and mid-stream enterprises in the application market, but Unable to master the core technology and the imbalance of cost performance of LED lighting products is still a serious injury in the LED industry.
On November 21st, the Taichung City Council's construction of the Water Conservancy Commission removed the “Central†subsidy LED street light for NT$79 million. The LED brightness and durability are the biggest problems.
Taichung City Councilman Li Zhong said that the LED street light is not easy to dissipate heat and the brightness is not enough. At present, a halogen street lamp is installed every 50 meters. If it is changed to an LED street light, it must be installed every 20 to 30 meters, and the brightness is sufficient. Increasing the intensity of the lamp holders will inevitably lead to a rebound in the public. LED street lamp cost about 40,000 yuan, the heat dissipation problem has not been solved, so the substrate is easy to embrittlement, only 5 years life, and the traditional street lamp cost only 4,000 yuan per urn, although the LED street lamp saves part of the electricity bill, but overall there is no More money.
(This article is reproduced on the Internet. The texts and opinions expressed in this article have not been confirmed by this site, nor do they represent the position of Gaogong LED. Readers need to verify the relevant content by themselves.)
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