2012, China's LED industry continued IPO tide

In recent years, the rapid development of China's LED industry, driven by policy support and downstream application needs, formed a relatively complete LED industrial chain system. Last year, the international macroeconomic situation continued unrest, severe situation, industrial investment, investment overheating, excess capacity of speech can be heard without end, and failed to reduce the capital market and pursued the enthusiasm of LED, each link Chinese LED industry to maintain a certain growth rate. According to the national semiconductor lighting engineering research and development and Industry Alliance data show that in 2011 the total size of China's LED industry reached 156 billion yuan, an increase of 30%.

LED application market is divided into general lighting, landscape lighting, backlight, display and automotive lighting and other fields. 2011 China LED application of the overall size of 121 billion yuan, an increase of 34.44%, is the fastest growing segment of the entire LED industry chain. Among them, the most obvious growth in general lighting, the overall share has reached 25%, the market share of the largest application areas.

The rapid development of the LED industry has also attracted the attention of VC/PE capital related businesses, LED project is still a hot pursuit of capital. According to incomplete statistics, up to now, there are 14 LED related companies received VC/PE investment, the cumulative amount of nearly 1 billion yuan of financing, investment direction throughout the industry chain. In addition, the Jinsha River also set up a vote in March 2009 set up a scale of 400 million yuan of LED industry fund, focusing on investment in Jinsha River, Nanchang LED Industrial Park settled enterprises to promote the development of the LED industry in Nanchang.

Capital markets, in 2011 a total of 7 LED industry companies in the A-share market to achieve IPO, the cumulative amount of financing for the 3 billion 625 million yuan, the average single enterprise financing of RMB 518 million yuan ($). From the market point of view, of which 5 companies landing gem, the other 2 are listed on the SME board. From the distribution of industrial chain, the 7 listed companies are concentrated in the middle reaches of the packaging and downstream applications.

2012 China's LED industry will continue to be staged IPO tide, to be listed by the gradual expansion of the enterprise, chip, packaging, application and other industrial chain to the main aspects of auxiliary materials, equipment, etc.. LEDinside believes that in 2012 LED will usher in the IPO tide. February 1st, the Commission announced a total of 515 IPO applications in the list of enterprises in the trial, at least 9 companies are waiting for the listing.