In 2012, the profit of LED listed companies decreased by about 30%.

Focusing on the recently disclosed LED listed companies' 2012 annual report or performance report, the overall profitability of the industry last year showed a decline of about 30%. In 2012, the LED lighting industry dropped about 20% in terms of product cost, but the terminal price dropped even more, reaching 40%-50%.

The entire A-share and LED-related concept segment has about 50 listed companies, of which more than 20 LED business revenues account for more than 20. LED chips and epitaxial wafer companies in the upstream of the industrial chain, such as Huacan Optoelectronics, Silan Micro, Ganzhao Optoelectronics, and Dehao Runda's net profit in 2012 fell by 30.38%, 88.07%, 39.33%, and 57.14%, respectively.

LED crystal material provider Fujing Technology's net profit fell by 34.12%; LED power company Maoshuo power net profit fell by 9.76%; LED luminescent materials company Keheng shares fell by 80.62%; LED packaging company Changfang Lighting, Lehman Optoelectronics The net profit of Hongli Optoelectronics and Guoxing Optoelectronics decreased by 27.45%, 27.36%, 34.49% and 66.45% respectively.

In explaining the performance of the face, these companies are all attributed to the following: the macroeconomic downturn in 2012 and the intensified competition in the LED industry. According to Yuanfang Optoelectronics, 2012 is the year in which China's LED lighting has the lowest development speed; Changfang Lighting said that last year, the company adopted a strategy of actively reducing prices in order to consolidate market share.

Since LED has been used as a sample of national energy conservation and environmental protection industry in the past few years, it has attracted a lot of capital intervention, especially in 2009 to 2010, there has been a situation in which China has invested in the LED industry, resulting in the market supply exceeding market growth.

In the second half of last year, the larger companies that had fallen into bankruptcy had Shenzhen vision and Ningbo Andi Optoelectronics. In addition to these companies of a certain size, there are many small and medium-sized enterprises and hand-worked LED companies.

In the first half of 2013, the LED industry will continue to maintain a rapid integration trend, on the one hand, the bankruptcy of small and medium-sized LED companies; on the other hand, the merger and acquisition of large LED companies.

The decline in the profitability of the LED lighting industry is also a warning signal for investment. The industry believes that from the point of view of the cost of use, the time for LED lighting to enter the mass market is not far away. Some large enterprises' LED lighting products have entered the supermarket. If the channels and promotion are well done, the mass market will almost start to the turning point. It is.

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