CDB loans 300 million yuan quite Dalian LED energy saving and environmental protection industry development

Recently, the National Development Bank Dalian branch (hereinafter referred to as "CDB Dalian branch") as the lead bank and the Bank of Harbin Dalian branch, Dalian Lumei chip science & Technology Co Ltd signed a $300 million syndicated loan contract and full payment (CDB 200 million, 100 million ha) for the company 6 billion high brightness semiconductor chip (LED) construction project.

The National Development Bank has been a pioneer in units of the first to implement the national macroeconomic policy and industrial policy, Dalian branch also actively long-term support of the Dalian municipal government on the "strong industrial city" development concept, consolidate the advantages of local economic development, continue to promote the healthy development of Dalian industrial enterprises.

The project of the Dalian branch of China Development Bank to support the project belongs to a key to the development of semiconductor lighting industry, not only has the characteristics of energy saving and environmental protection, but also has the strong ability of leading industry, is one of the government's focus on the development of China's industry. According to the "national long-term science and technology development plan", semiconductor lighting was included in the "11th Five-Year" medium and long term science and technology planning as energy and environmental protection advantages of double industry, Premier Wen Jiabao has repeatedly stressed the importance of speaking at present in our country to do energy-saving emission reduction work, and the establishment of semiconductor lighting engineering industrialization base in Xiamen, Dalian, Shanghai, Nanchang 4 city.

UnionPay analysis:

Prospects for the future of the LED industry is very broad

First, the development of China's industry

After 30 years of development, China's LED industry has initially formed a relatively complete industrial chain. China's LED industry has experienced a buy device, buy chips, buy epitaxial film after the road, has now achieved the independent production of epitaxial wafers and chips. At present, our country has a certain scale of the package of about 600 enterprises, large and small packaging enterprises have more than 1000, the current domestic LED packaging capacity of about 60 billion / year in 2006, the domestic high brightness LED product sales of about 14 billion 600 million yuan, 46% increase more than 10 billion yuan in 2005. Especially in 2003 to set up China semiconductor lighting working group marks the government hopes for the development of LED lighting in the area of high, LED as the light source to enter the general lighting market has become the core industry development after the day.

In the "national semiconductor lighting project" under the impetus of the formation of Shanghai, Dalian, Nanchang, Xiamen and Shenzhen and other national semiconductor lighting engineering industrialization base. Yangtze River Delta, Pearl River Delta, Fujian Delta and the northern region has become a gathering place for the development of China's LED industry.

Two, the industry is facing development opportunities

LED huge market is destined to develop into a huge industry. Overall, the domestic industry in the development of the scale has been unsatisfactory, the typical case is the integrated circuit industry and LCD panel industry, LED industry will break the spell, and can drive the related industrial upgrading.

1, the existence of their own development advantages

We believe that LED industry has a good development prospect in China, based on the following points: (1) in terms of technology, LED technology is the bottleneck of growth is high, low learning threshold characteristics of domestic resources in the semiconductor field accumulated can be used, have a good basis for further study. Although the domestic integrated circuit manufacturing base is relatively weak, the technological level is relatively low, but some domestic enterprises by hiring overseas technical personnel to join in technology continue to make breakthroughs, technical level of domestic enterprises with good technical level has little difference with Taiwan Dachang, and the overall gap between international manufacturers are constantly narrowing.

(2) LED investment is relatively small, the initial investment of 100 million can build factories, domestic enterprises to enter the threshold is low, easy to implement rolling development, and the integrated circuit manufacturing and LCD panel manufacturing to hundreds of billions of billions of yuan investment is "not worth mentioning, domestic enterprises easily enter the formation of industrial clusters.

(3) some domestic enterprises have core intellectual property, such as latticepower silicon substrate GaN Blue beautiful Dalian road project, the core technology areas of the chip, with global competitiveness, these enterprises to form a demonstration effect in the development of technology, promote the healthy development of the market of domestic enterprises. In addition, after the technology is mature, LED downstream packaging and device production are labor-intensive, the mainland has the advantage of the development of labor costs.

(4) China has abundant resources of nonferrous metal, gallium, indium rich reserves accounted for 80%, 70% of world reserves, which makes China's development of semiconductor lighting industry has resource advantage.

2, in line with national industrial development direction

"11th Five-Year" planning pointed out that, due to China's land, freshwater, energy, mineral resources and environmental conditions have posed serious constraints on economic development, we must accelerate the transformation of economic growth, promoting a coordinated development of the economy and population, resources, environment and sustainable development. Energy conservation has become a basic national policy of china.

Chinese green lighting project office made a special survey of China's lighting electricity annually in more than 300 billion degrees, using LED to replace all or part to replace the incandescent lamp fluorescent lamp, 1/3 lighting to save electricity, it means saving 100 billion degrees, generating capacity is equivalent to a total investment of more than 200 billion year in Three Gorges Project the. This is very important to China's energy, it is undoubtedly of great significance.

Ministry of science and technology has been the national semiconductor lighting project included in the 11th Five-Year science and technology development plan, as a key task to grasp. In China's semiconductor lighting industry development plan, by 2008 to achieve a single lamp luminous flux 300lm