LED subsidy policy is expected to introduce favorable strategic development

The United Nations Climate Change Conference in Copenhagen closing at the end of last year, even though government leaders and ministers who eventually failed in the emissions reduction targets, developing countries to agree on a funding scale in areas such as consensus, but the market has always been focused in the green economy, that is represent the general trend of global development; new LED light source technology is regarded as a national development advantages, the estimated value of the whole industry this year will exceed 100 billion yuan, bring opportunities for enterprises.

With the stock of non renewable resources dwindling and pollution, the ecological environment has been seriously affected, the market focus gradually shifted to the development of renewable clean energy, as well as the investment opportunities created by the green economy. The industry believes that the new energy is playing a very important role in the low-carbon economy, which LED technology is expected to become a key area of the country.

Deputy Secretary General of alliance national semiconductor lighting project long ago, Ruan Jun had made it clear, with abundant resources, strong market demand and other advantages, believe that the mainland LED industry to achieve among the world's top three goals, is the point the day and await for it. He is expected to 2012, when the technical level of the mainland LED industry can reach 120 lumens per watt, 2015 further up to 150 lumens per watt, which accounts for the lighting market share of up to 20%, expect the central will continue to promote LED lighting, including the national development and Reform Commission intends to LED lighting into the scope of subsidies in the year, and provide subsidies to the local government set up LED street. Insiders estimate that the scale of the LED industry will be more than one hundred billion yuan.

In fact, as early as in early 2008, Chinese Trends Holdings Limited ("China trend", stock code: 08171.HK) has insight into the development opportunities of new light source projects, where the new forge LED technology and related products business, the main development of solutions to the new LED light source, a basket of consumer electronic products, and can be widely used in the family digital entertainment, education, sports, environmental protection and other fields of electronic lighting.

It is worth noting that the Chinese trend has been completed on LegendCenturyInvestmentsLimited at the end of last year's acquisition of LCIL (LCIL), and the Affiliated Companies will become its wholly owned Affiliated Companies China trend, and is mainly engaged in LED/LCD solutions and media business, set the target customers for Internet cafes, schools, hotels and enterprises.

In fact, LCIL as early as July 2008 has been with the other listed companies in Hong Kong Foundation Group Limited (01182.hk) signed a cooperation framework agreement, according to the 30 thousand foundation management of Internet cafes to develop computer games, and from LCIL to Internet cafes provide LEDLCD-NC, and provides the foundation of computer software. China days after the trend also plans through its Affiliated Companies, to jointly build new energy development goals, new light and new materials new industry application mode.