Investors: LED packaging has become a junior high school students can master the technology!

Chen Xiaohai, one of the China large direct investment and brokerage agencies Guoxin Hongsheng executive general manager, has more than 10 years of experience in equity investments, 2007 came into contact with the photovoltaic industry, in 2009 began to invest in LED enterprises, presided over the project include: Red shares (SH.600666), REFOND (SZ.300241), total shares, shares, Shanghai science and technology, Kaifulong xinqi'an enraytek photoelectric etc.. Up to now, the Kuninobu Hiromori team completed a total of 86 investment projects, the realization of the listing of the 25, the results of proud people, the management of assets of more than 5 billion yuan, the average annual rate of return of up to 48.3%, the first in the industry.

Guoxin hung Sheng executive general manager Chen Xiaohai

As the investment sector, the day before he participated in the 2015 China lighting industry ecological innovation forum, does this mean that he was optimistic about the LED lighting industry, and to increase the investment?

At the meeting, an interview with Chen Xiaohai, found him look sinister, quick thinking, verse frequent. The following is his understanding of the LED industry:

1, 2008 to 2014, LED industry grew by 530% in 2015, the market capacity of up to 450 billion, the future reached trillion market, but the cruel reality is LED industry does not make money, and entered into the bitter mode of profit, money, excess capacity, high cost of enterprises. The market is big, the growth rate is quick, but lives the bitter force, the present LED market is the best age, is also the worst time.

2, the optoelectronics industry, industrial equipment, sapphire, LED chip wafer three areas in which the threshold is very high, are doing this, Dr. returnees, 2007 to 2011 is the high margin, but the rapid development, rapid expansion of industry, extreme excess, now the money is the price of cabbage.

3, a short span of ten years, the LED industry was playing miserable. Why? - because the early tonic too much, the money people stupid. The influx of hot money, excess capacity, intense competition, excessive bleeding.

4, the industry calm down, he must have the ability to hematopoietic, if still rely on government subsidies, is bound to be a dead end.

5, how to break through? -, transformation, embrace of capital.

6, equipment, sapphire, LED chip wafer, heavy assets, high technology, overcapacity, low margin, the current competition is Hengda, small is eliminated, so the integration is the trend, following the 20 chip factory is certainly to be eliminated, finally can live not too much.

7, recently, banks continue to collect debts, the entity has lost confidence, so we must find the people's money, make bank deposits into the enterprise, these enterprises to make money into the market, we must allow investors to earn money, so the implementation of open capital. Recently launched the policy far beyond our expectations, if not crash, I guess the first half has been pushed out. In the opening of the capital, including the LED industry, including strategic emerging industries will have a great opportunity.

8, aquaculture and other large consumer industries, are highly dispersed to enhance concentration. Any big consumer market is to take this path of development, first dispersed, and then the competition is very intense, and then part of the large enterprises to become stronger, become the integration of the industry. LED too.

9, embrace the capital, we must consider the profitability of how much, because to enter the capital market, means must pay taxes to pay the social security standard, the cost will be high, the price will be very big, think twice. If you determine the norm, to maintain the company's continued profitability, it is recommended to quickly find investors to enter the capital market.

10, the popular Internet, with LED optoelectronic industry, the growth rate is very fast, the Internet has risen to national strategy, we as state-owned enterprises and industry investors, certainly follow the national strategy.

11, but not all companies can do the Internet? I think we need to be careful. Photovoltaic industry or how to do the Internet industry LED, the first thing to consider is the Internet? Return to nature, Net is the most fundamental mission of the internet. All big data transmission through the Internet of things to the data platform, and finally to carry out industrial upgrading, precision analysis.

12, investment in the LED industry, I will focus on three aspects: people fly, things fly, cheap. That is, to assess the strategic vision of the helm, the team's combat capability, the main business of the market capacity and competitive status, the final price.

13, the upper reaches of LED: the upper reaches of the investment opportunities. Because the chip has become a pattern, and then the possibility of a chip listed companies is very small, unless there is a continuous blood transfusion backer, and strive to fight for the first three to five position. But sapphire is a chance, one is in the lighting LED industry, two in electronic consumer products.

14, LED package: no investment package. Packaging development so far, has become a junior high school students can grasp the packaging technology, which means that the threshold has been reduced to anyone can enter. Coupled with the downstream forced packaging industry is in dire straits, the future development of the packaging industry will become a process, not by the upper reaches of the downstream merger is replaced. The existing packaging enterprises in the opportunity to enter the capital market rapidly, through the horizontal, up and down in the form of expansion.

15, LED lighting applications: investment opportunities. 1 men +1 screwdriver =1 company. From the capital intensity, the threshold is very low, hundreds of thousands of investment can do hundreds of billions of output value. The market is large, but the competition is extremely fragmented. But I