An incident reflects the leaping development of LED kept hidden

Sanan Optoelectronics (600703, shares) accused of alleged illegal, KingSun (002638, shares) accused of fraud listed, Tianlong photoelectric (300029, shares) announced huge losses, since this year, the number of LED listed companies broke the heavy news". LED what happened to this industry? Analysts believe that the industry in the development process, leaving a lot of problems.

Accused of illegal Sanan Optoelectronics

This Monday, the media questioned three optical suspected illegal: one is the LED chip business top three customers are affiliated enterprises, but has not been disclosed in the announcement; two is an optoelectronic almost all lights are purchased from XinDa in optoelectronics, beyond the market 3 times the price to sell to the government, all involving government sources the orders are not through the bidding procedures, suspected illegal; three sold last year, Sanan optoelectronics will be leftover scrap, scrap form income gross margin as high as 99%, while revenue from sales revenue accounted for about 7%, but the company contributed nearly 30% of the profits, and as the company scrap business partners Kunming yinpeng Ltd., in January 2013 due to the problem of pollution by shutting down the Kunming environmental protection department.

The report, this Monday, Sanan optoelectronics shares fell sharply, once to the limit, eventually fell 9.11%. Yesterday, an optoelectronic had to temporarily suspended.

Dacheng Fund again shot"

An optoelectronic three annual report shows that as of the end of last year, the fund holds a total of 181 million shares of the company. Assuming that the number of shares unchanged, only on Monday, the fund's stock market value will be 224 million yuan evaporation. While in Chongqing beer (600132, shares) of hepatitis B vaccine fails Dacheng Fund the most injured, this time again "shot" under the banner of the great value growth (090001, fund) and Jingfu fund holds 14 million 200 thousand shares, 8 million 400 thousand shares Sanan optoelectronics.

Morning news reporter noted yesterday evening, three optical issued to clarify the announcement to the above question is a "rough" clarification: one is the top three customers are not affiliated enterprises LED chip business; two is purchased by XinDa photoelectric lamps, at the time under the condition of high cost technology; three Kunming yinpeng Ltd. no was shut down, the normal production and operation. So, the market does not recognize such a clarification? At least not before the resumption of trading, the stock is still an unknown.

Headache not only Sanan Optoelectronics

It is reported that in the field of LED, not just an optoelectronic headache of a listed company, the other LED stocks KingSun also recently suffered the market questioned. In late March, the media reported KingSun "allegedly fictitious sales" and "suspected of fraud listed", which leads to KingSun once volume limit. Although this Monday evening, KingSun also issued a Clarification Announcement, but the stock fell 8.37%, because the company is in the negative fraud of listed over, also admitted his own staff negligence, and that the company understand the relevant provisions of the lack of.

In fact, although the concept of LED in the stock market speculation fiery, but since last year, the performance of domestic LED listed companies is not satisfactory. Public data shows, the main LED and photovoltaic Tianlong photoelectric has released results of letters, said last year the company's losses could be as high as 500 million yuan, the amount of the loss is likely to make the company become the gem of the loss of the king; in addition, LED listed companies Jiawei shares (300317 shares), South photoelectric (300346, shares) for performance quickly face punished.

LED leap forward development hidden dangers

"The LED industry in recent years to achieve leapfrog development, the pace of some is too large, there will be some problems. "Hongta securities investment adviser Yao Dongqin said in 12th Five-Year" into "energy-saving emission reduction plan, each capital get together into the LED industry, the whole industry is facing overcapacity, fierce competition in the low-end products, but high-end products and technology but hard.

Huaxi Securities investment adviser Zhu Ni pointed out that in the LED listed companies, "government subsidies" seems to have become the main source of income of individual companies, "de Ho Runda, Sanan Optoelectronics (002005, shares), and the main steering LED *ST Gan, exists more or less in this kind of situation. Zhu Ni expects the LED industry in the short term systemic risk will not focus on the outbreak, but investors should be more than one mind.