LED listed companies have flocked to conceal the bright development problem

The 2008 Beijing Olympic Games opening and ink picture fou array on 2010 in Shanghai, World Expo at the 6000 Pujiang light ball, originally just an abstract concept led "transformed", become the new town talk.

With the improvement of cognitive level, the domestic LED industry has ushered in a period of rapid development. 2010, the National Star optoelectronics, dry photoelectric, Lehman photoelectric three LED chip companies to achieve IPO. Since May this year, the domestic LED packaging companies, honglitronic display enterprises Alto electronics and Shenzhen Chau Ming Polytron Technologies Inc listed in Shenzhen respectively. Success will be over the upcoming IPO Ruifeng photoelectric threshold.

It is reported that there are about 50 LED companies are currently involved in the reform of the relevant issues, and plans to market in the short term. Mu Linsen, Mason, poly and the photoelectric enterprises have entered the ranks of the listing. Insiders predict that the LED industry is likely to appear in the outbreak two years after that, at this point near the start of "extended period", in the rapid rise of the LED once the enterprise obtain capital boost, will usher in a bright future.

LED companies lined up, like stars lighting. So, how to treat the LED companies listed tide? How to seek further development of IPO funds? After listing, the mainland LED industry will go? Behind the bright future how listed on the road, yet to be started.

Taiwan enterprises forced out of the market"

Since the rise of the market in 2010 to become the LED expansion of the scale of enterprise development, an important leap forward development. Shenzhen Venture Capital Association executive vice president Wang Shouren told reporters: "some of the considerable growth of enterprises in do sales income of more than 100 million yuan, net profit of 34 million yuan is generally faced with the bottleneck of growth. The emergence of the gem for the enterprise to provide a financing platform, so that SMEs can use the capital market breakthrough, continue to expand the scale, promote research and development, improve the management model. "

Investment analysts, the impact of macroeconomic policy under the current energy-saving emission reduction, LED enterprises such as the successful listing, whether it is the corporate brand, finance, credit rating, or external market cooperation and market confidence, will be greatly improved. Some LED companies like the high-speed growth of the dark horse, as long as the capital market in the development of capital and institutional aspects of the boost in the short term will be able to achieve the market value of 200 million yuan from Chong to -10 billion yuan leap.

But the prospects are not optimistic about the natural development of the product industry, a number of people in the industry listed on the line to show concern about the boom. Zhang Xiaofei, chief executive officer of LED, said: "now the situation is like going to the market, we are worried that the village did not have this shop. "

The urgency of this China pressure mainly from Time will not wait for me., Taiwan LED company applied. Taiwan is a city of the world LED industry, Taiwan EPISTAR companies such as the world's giant LED package. In March 26th this year, SKYWORTH digital, EPISTAR and delta signed a cooperation agreement to jointly invest $600 million in Guangdong Zengcheng construction project LED chip. Previously, EPISTAR also with the development of the Great Wall, and other enterprises in the mainland LED chip Lite joint venture in Xiamen and Changzhou. High LED statistics show that ten major manufacturers Taiwan LED epitaxial wafer chip, wafer, Guang Lei, Ding Yuan, charmed circle, China, the new century and the seven photoelectric lextar in mainland China has joint ventures or owned factories, "giant air strikes" squeezed LED enterprise, survival and development of space.

Manufacturers REFOND general manager Gong Weibin looks ahead in the mainland LED backlight, Taiwan LED industry to accelerate the transition, triggered a wave of fierce competition, "LED enterprise, both in technology and scale are not LED and Taiwan giants compete, if there is no power of capital to promote future development prospects will be gloomy, even their own R & D team are likely to be competitors poaching. "

This argument has also found a footnote in reality. Has been listed on the gem honglitronic, its prospectus data show that in 2010 the business income of 438 million yuan, an increase of 70.51% in 2009, net profit of 63 million 240 thousand yuan, an increase of 133.46% in 2009. But the data in front of Taiwan EPISTAR's performance is somewhat pale. In 2010, EPISTAR income of NT $19 billion 800 million (about 4 billion 400 million yuan), net profit of NT $5 billion 770 million (about 1 billion 290 million yuan), with obvious advantages compared to mainland enterprises.

Is this, honglitronic particularly pointed out in the prospectus, subject to the financial strength, is restricted in expanding production scale and optimize the product structure, especially with the Taiwan area and foreign industry leading enterprises in the overall strength there is a certain gap between the urgent need to use the capital strength to achieve rapid development and industrial upgrading.

Focus on the field of LED Huarui investment director Kang Wei asserted: "if the mainland LED enterprises can not be listed in the last two years, or find the strength of the capital, will be the future direction of the uncertainties, including human resources, and other aspects will have a problem. "

In addition, LED technology threshold is higher, the core technology in the hands of the United States and Japan, the mainland listed companies are more engaged in the packaging and application services. Although the broad prospects for the industry, but because they do not grasp the core technology, the mainland LED products export ratio is very small.

Faced with enormous external pressure, the majority of mainland LED companies, through the listing of the way to seek financing