Policy push: LED lighting order inflection point appears

Under the support of China's policy to promote the rapid growth of the downstream LED street lamps and lighting market will drive the rapid growth of the mainland LED industry, the industry is expected in the next three years, the output growth rate of more than 25%. Recently, director of Chinese ring Committee He Xuemin said Chinese ring committee will be in the "12th Five-Year 8 billion" period for the central budget funds to purchase 4 million LED light efficient lighting products, capital of the Central Committee of the procurement directly reflects the national level for the development of the LED industry's attention. Guoxin Securities is expected in 2012 the mainland LED indoor lighting output value and LED street light output grew by 65% and 62%, respectively. Statistics show that in 2012 the entire industry 1Q orders have begun to pick up. Industry spring inflection point has emerged.

2012 industry demand to maintain rapid growth of strong certainty, but there are still some aspects of the industry chain overcapacity pressure to give the industry cautious recommendation rating. Concerned about the proposal, honglitronic REFOND, rectangular lighting, LED packaging industry leading enterprises; LED lamp industry leader KingSun and has a pipeline and brand advantage and the industry chain vertical integration mode of enterprises such as elec-tech.