National policy to implement undisclosed energy-saving lamps temporarily lead

With the development of the incandescent lamp policy, many companies have entered the relevant industries and gradually increased the industry's growth. Under the central government's plan to provide financial subsidies for the LED lighting market, analysts believe that if the specific policies are effectively implemented, the incandescent lamp will be effective in 2016. After the year is completely eliminated, it will be beneficial to the future development of the industry, but it is necessary to pay attention that since the specific scheme of the policy has not yet been implemented, it will have little impact on the short-term actual situation of individual stock companies, plus the cost of production of LED lamps. It is high and the level of technology is not enough because it is better to look at the future development of energy-saving lamps.

LED lamp production costs are high, gross profit or pressure has been officially implemented in China since the beginning of 1996, and the promotion of environmentally-friendly lighting projects has been advocated by various corporate enterprises to replace incandescent lamps with energy-efficient lighting, in order to reduce carbon dioxide emissions.In recent years, to further promote the development of the market, The government plans to formulate a subsidy policy for LED lamps. Liao Kai, a new energy industry analyst at Group Securities Research, told reporters that as far as the current development is concerned, domestic LED lighting products are still relatively small and production technology is not yet in place. I believe short-term lighting The industry's defects have already been reflected in. In addition, the production costs of LED lamps are too high, and if the infrastructure development fails to cooperate, the market may experience oversupply, which will definitely have a negative impact on the gross profit of the manufacturers. The subsidy has so far no specific plan. As a result, the positive effect of the policy on the industry is not lasting. It is too early to say that the impact on the future development of domestic sales is too early.

However, she also pointed out that the government’s reform plan to phase out incandescent bulbs within five years is believed to be of great help to the development of energy-saving lamps.According to market share, the share of energy-saving lamps in the market has increased from 20% in 1996 to last year. 85% believe that the development of the industry will benefit even more.

LED energy-saving emission reduction, observation of subsidies in recent years, many companies to enter the LED environmental lighting market, such as Depp Technology (03823) to buy LED companies with 124 million yuan, significantly increase the LED business share; another company Jun Ling (01997) also continued to restrict the expansion of LED business, which shows that the energy-saving products such as the business will become the development trend in the future, and the competition is relatively fierce.. Xie Jianying, an analyst of Bank of Communications International Electronics Industry, told reporters that the current development of the LED lighting market in the Mainland is extremely pressing. , I believe that if the Ministry of Finance subsidizes LED lighting, China's lighting consumes about 12% of the total electricity, replaces incandescent lamps with LED lamps with higher energy efficiency, and significantly reduces exhaust emissions; and allows more companies to join the market. The role of energy saving and emission reduction has been brought into full play.

He also stated that the government’s subsidy policy for LEDs is believed to be a continuation of the incandescent lamp policy. In the long run, we must observe the bases for subsidy implementation. If subsidizing industrial infrastructure projects such as street lamps and street lamps, the direct benefit of relevant manufacturers will be stronger. In the future, if there is a subsidy for household decorative lamps, the current technology is not a high-end quality and the production cost is high, so the impact on the industry development will not be too great.