The LED industry is no longer arrogant. Although the policy was “intensive†in the first half of the year, statistics showed that 70% of LED listed companies' revenues and net profits fell. Industry experts told the Yangcheng Evening News reporter that after this year's adjustment, the LED industry is expected to heat up next year.
LED into a disaster-stricken area
As of mid-August, more than 20 listed companies in the LED industry have issued interim reports or performance forecasts. According to statistics, 15 of them have both revenue and net profit, accounting for more than 70%.
Among them, Guoguangxing's revenue and net profit in the first half of the year fell by 14% and 87% respectively. The semi-annual report of Huacan Optoelectronics, which was only listed in June this year, showed that revenue and net profit fell by 18% and 40% respectively. In addition, although Sanan Optoelectronics' revenue growth nearly doubled, its net profit increased by less than 2%.
Zhang Ming, chairman of the industry's upstream enterprise Xinli Light Source, told reporters: "In the first half of the year, Europe, the United States and Japan have set up patent walls for China to protect domestic enterprises." Industry researchers believe: "On the one hand, the export is sluggish, and the other side is The industry is still in a state of overcapacity, and product prices are not rising and falling, resulting in the revenue and net profit of listed companies are not satisfactory."
Industry or return to next year
However, when interviewed at the "2012 High-tech LED Exhibition" held at the Poly World Trade Center in Guangzhou, the reporter found that all the companies surveyed are still very optimistic about the market situation. The first reason is of course the goodness of national policy. In the first half of the year, the state has successively introduced policies such as 2.2 billion energy-saving subsidies and special plans for LED lighting; local governments have also launched LEDs for public lighting in three years.
In an exclusive interview with the Yangcheng Evening News reporter, Zhang Xiaofei said: "The policy effect will not be released in the short term, and the pulling effect will not be released until the second half of the year." On the other hand, the improvement of domestic LED enterprise technology also makes enterprises more confident. Zhang Ming told the Yangcheng Evening News reporter that in the field of product technology, domestic enterprises have already broken the blockade of European and American giants.
In addition, in the first half of the year, the company has been listed on the market and some enterprises have closed down. Zhang Ming believes: "The scale of LED financing should match the size of the company and should not be blindly expanded."
LED into a disaster-stricken area
As of mid-August, more than 20 listed companies in the LED industry have issued interim reports or performance forecasts. According to statistics, 15 of them have both revenue and net profit, accounting for more than 70%.
Among them, Guoguangxing's revenue and net profit in the first half of the year fell by 14% and 87% respectively. The semi-annual report of Huacan Optoelectronics, which was only listed in June this year, showed that revenue and net profit fell by 18% and 40% respectively. In addition, although Sanan Optoelectronics' revenue growth nearly doubled, its net profit increased by less than 2%.
Zhang Ming, chairman of the industry's upstream enterprise Xinli Light Source, told reporters: "In the first half of the year, Europe, the United States and Japan have set up patent walls for China to protect domestic enterprises." Industry researchers believe: "On the one hand, the export is sluggish, and the other side is The industry is still in a state of overcapacity, and product prices are not rising and falling, resulting in the revenue and net profit of listed companies are not satisfactory."
Industry or return to next year
However, when interviewed at the "2012 High-tech LED Exhibition" held at the Poly World Trade Center in Guangzhou, the reporter found that all the companies surveyed are still very optimistic about the market situation. The first reason is of course the goodness of national policy. In the first half of the year, the state has successively introduced policies such as 2.2 billion energy-saving subsidies and special plans for LED lighting; local governments have also launched LEDs for public lighting in three years.
In an exclusive interview with the Yangcheng Evening News reporter, Zhang Xiaofei said: "The policy effect will not be released in the short term, and the pulling effect will not be released until the second half of the year." On the other hand, the improvement of domestic LED enterprise technology also makes enterprises more confident. Zhang Ming told the Yangcheng Evening News reporter that in the field of product technology, domestic enterprises have already broken the blockade of European and American giants.
In addition, in the first half of the year, the company has been listed on the market and some enterprises have closed down. Zhang Ming believes: "The scale of LED financing should match the size of the company and should not be blindly expanded."
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