Elec-Tech leveraging NVC LED industry growth significantly

Eighteenth Guangzhou International Lighting Exhibition Organizing Committee recently held a press conference in Guangzhou. The exhibition founder Pan Wenbo said, with the EU ban on sales of incandescent lamp, LED lighting will accelerate the penetration of the market, while the mainland under the policy support, LED lighting market in the first quarter of this year, the sharp rise in demand. He said that the current LED lighting applications directly benefit from the policy to promote demand, the number of lamps in a bid for the government at around 10000, the size of the effect can not be ignored. The first entrepreneurial researcher also pointed out that, based on the continued decline in the price of LED products, is expected in the next two years, the country will start the LED home general lighting market.

The above information shows that the development prospect of the LED industry is by the government and civil energy demand, LED related industries, the investment value of the listed company has already appeared in the A stock market, the reporter noted that currently has the technology and the layout of the whole industry chain of the BDO Runda LED advantage industry in the future is expected to continue to maintain high growth.

This week announced the 2012 annual report, a quarterly in 2013, and the interim results for the year notice in 2013. Reporters carefully read the full text of the announcement a few after the discovery, although the report shows that the company due to the industry downturn, LED chip and packaging products prices fell sharply and small household appliances by Europe and the United States economy caused many companies to poor overall performance in 2012 after deducting non recurring gains and losses, the company net profit to 162 million yuan under the downhill.

However, the reporter noted that in 2012 Elec-Tech LED industry to achieve revenues of 1 billion yuan, an increase of 10.38%, in the bad environment this year, Elec-Tech LED industry still maintained a steady growth, the company from the hard work and effort is commendable.

In 2013, the company made a good start, achieved operating income of 705 million 300 thousand yuan 1~3 month, an increase of 22.28%, after deducting non recurring gains and losses, net profit of 43 million 280 thousand yuan, and in 2012 a quarterly, the company after deducting non recurring profit is 41 million 320 thousand yuan loss. Look at the middle of 2013, the company expects to achieve net profit of 4972~8701 million yuan, down 30%~60% though, but after deducting non recurring gains and losses, 2012 middle real net profit is negative, the mid 2013 is actually showed a substantial growth. It is understood that the substantial growth of these profits are mainly achieved by the LED business.

According to the reporter, since the beginning of a lot of researchers visited a number of peers in the LED industry listed companies, each company had full orders, Elec-Tech Dunfee also believes that in addition to the global economic recovery in the low demand for energy-saving products increase, the current national energy-saving products that control efforts to increase the cost of raw materials declined, business users the replacement of LED products will increase, Elec-Tech seize the opportunity for development, and has achieved initial success.

De Ho Runda in December 2012 to buy NVC 20.05% of the shares, becoming the largest shareholder of NVC, the acquisition channels can effectively use the advantage of NVC group to make up for the short board, to achieve powerful combination. NVC attaches great importance to the Vanke, Maoyebaihuo, Huarun, the new world, decimating real estate enterprise cooperation, in late March, Chinese 500 real estate development enterprises evaluation results release, Chinese lighting industry giant NVC brand again expanded the lead, brand choice rate ranked first, far more than PHILPS, Matsushita, OSRAM and other foreign lighting giant, continues to lead the industry as a whole, this is the award for fourth consecutive years.

At present, NVC in the country has set up 36 centers and more than 3 thousand brand stores, and set up the national institutions in more than and 40 countries and regions worldwide. 2013 NVC LED series of products all categories will be launched, providing more one-stop LED lighting solutions for real estate developers to choose. According to Elec-Tech secretaries Dunfee introduction, NVC LED lighting products by Elec-Tech supply. The first venture is also optimistic about the Elec-Tech the advantage of the whole industry chain layout, the LED business will fully benefit from the rapid growth of the industry.