Bright prospects for the development of LED industry

Recently China phasing out incandescent roadmap released, the NDRC introduced the national development and Reform Commission, the Ministry of Commerce, the General Administration of customs and the State Administration for Industry and commerce, the State Quality Inspection Administration jointly issued the "gradual ban on the import and sale of ordinary incandescent lighting notice". The announcement of the road map and the NDRC issued the relevant draft is basically the same, to determine the five stages of China's incandescent eliminated. From now until next September 30th for the transition period, October 1, 2012 is the first of 100 watts and above ordinary incandescent lighting into the phase out period, 2014 60 watts and above ordinary incandescent lighting will ban the import and sale, since October 1, 2015 to September 30, 2016 for the mid-term evaluation period, October 1, 2016 15 Watts and above ordinary incandescent lighting sale. Chinese officially announced an incandescent lamp instead of the roadmap, the substantive stage in Europe and the United States Australia Japan and other countries went into the phase out of incandescent, incandescent lamps have a positive long-term development for alternative energy-saving lamps, LED light source products related industries. Through the implementation of the roadmap, is expected to add lighting industry output value of about 8 billion yuan, about 15 thousand new jobs, the formation of annual saving 48 billion kwh, reduce carbon dioxide emissions of 48 million tons of capacity. Xie Ji, deputy director of the Department of development and Reform Commission circular made it clear that the government will strongly encourage the production and promotion of LED lights. Is now working with the Ministry of finance to develop policies to encourage LED lights, hoping to be released soon. LED lamp is currently being drafted in 12th Five-Year development plan, the industry is expected to quadruple output value in five years. Countries in the LED industry is relatively weak in the period of relevant supporting policies, especially for LED lighting subsidy policy will help boost confidence in the industry, to encourage the orderly development of the industry, to enhance the overall valuation of the industry has a positive effect. We believe that the current can focus on the advantages of scale, technological advantages and early intervention of LED lighting applications, our long-term development prospects China LED industry, LED sub sectors of the maintenance of the "recommended" investment rating, maintaining Yankon, nationstar long-term "recommend" rating.