State policies to support the LED street sign 60 million shares rose

Is Varitronix announced that its wholly-owned Affiliated Companies incorporated in the East (Yangzhou) a LED product supply agreement with Jiangsu province Hanjiang energy transportation construction engineering company, reached into the Oriental to Hanjiang traffic construction supply about 4600 LED road lamps, the price of about 60 million yuan, the expected number of LED lamps will be delivered in the first quarter of 2012. As in Varitronix yesterday at 3.71 yuan, up 5.09%.

Up into the thick potential policy support

Seven emerging industries, energy saving and environmental protection by the State Council ranked first, the first set force "pillar industry" valley. Therefore, with such relevant shares, will become the "Ming Sheng shares" this year, which engaged in energy-saving LED lighting company, greater appreciation potential, may pay attention to transaction yesterday reached into the climax (515). Is the core business of printed circuit board (PCB) production and sales business, but business into the saturation stage, focus group and switch to LED business, LED Street aimed at high margin and energy saving environmental protection. Although the LED is good, but the latecomer, successfully developed a new technology, has 20 patents. The NDRC announced last year LED lighting demonstration project finalists list of enterprises, Hong Kong listed companies, only up to and NVC (2222) share, reflecting both the LED technology by the national identity.

LED lamp market grows quickly

Up yesterday playing up, and made 60 million yuan Jiangsu Hanjiang Street contract amount has its LED orders last year half, estimated this year with various provinces and cities have been set to tender, L. Reached management last year revealed that this year's performance can reflect the contribution of the LED street lamp business, for the next two years to get 500 million yuan and $700 million LED street lights contract. In fact, this time the Hanjiang 4600 LED street lamp orders, each equivalent to about $13 thousand. The industry estimates that the general LED business gross margin of about 30%; if the street lamp works, gross margin up to 50%, the fastest return to the current period of 2 years. 09 years since the implementation of the "ten city lights" and "Trinidad one hundred thousand" plan, to encourage the city to promote the application of LED lighting, the main goal of street, Beijing last year and Shenzhen first-tier cities have joined the plan, the next two or three years the mainland Street demand will be increased to 2 million 500 thousand, the rapid growth of LED road lamp market, can bring unlimited business opportunities to enter.

Together with the project of Hanjiang, Tianjin, Chengdu, has been made in Lanzhou and 4 in Zhengzhou City, about 140 million yuan LED streetlight project orders, the average gross margin of about 40%. Bocom international research report that is yet to be released from Yangzhou and the SASAC's two major projects, the intention of orders involving 175 million yuan, will be the days after the profit growth engine. Maida, mainly on LED Street "money" Jing Xiuli. Bloomberg comprehensive brokerage forecast, this year's forecast of PE is 14.2 times, next year fell to less than twice as much as the valuation of the median industry about 10. Yesterday reached a breakthrough in the short-term decline in rail, 9RSI rail break together, in 3.50 yuan bottoming success, it is recommended to buy 3.75 yuan or less, the first stop target of $4.50, or wear a loss of $3.40.