National 8 billion LED Lighting Procurement baked LEDwang concern industry trends

Days ago, director of China ring Committee said, the government will be in the "12th Five-Year 8 billion" period for the central budget funds to purchase 4 million LED light efficient lighting products. In this regard, Changjiang Securities (000783) in a research report pointed out that although the government procurement from the aspect of scale is not great, but that the state of the LED industry support will have a direct positive attitude, large LED lamp manufacturers. Government procurement of 4 million LED street lamps in late February, 12th Five-Year green lighting Festival change demonstration project held in Guangzhou. The meeting, director of Chinese ring committee revealed that the Chinese ring committee will arrange 8 billion central budget funds for the purchase of 4 million LED high road lighting products in the "12th Five-Year" period, at the same time will lead to not less than 3 billion yuan of local matching funds. He Xuemin said that China will work in the pilot areas to determine the capital of 10 provincial cities, 50 prefecture level cities, the county (including the provincial Development Zone) the implementation of green lighting energy-saving demonstration project of 100. In order to ensure the quality and level of demonstration projects have been effectively guaranteed, China's central government working committee plans to screen out 100 LED light source R & D and production enterprises in the country to provide advanced and efficient energy-saving products. As long as the following conditions: enterprise finalists manufacturing enterprises registered within the territory Chinese; should include LED lighting products manufacturing business scope; the registered capital of not less than 1000 yuan (inclusive); enterprise asset liability ratio does not exceed 60%; can provide LED lighting products inspection report issued by the national electric light source detection mechanism, are available from the applications before April 8, 2012. At the same time, in order to avoid the local protectionism, China ring committee will take direct and enterprise docking, and China selected companies will ring for the enterprises signed the "national green lighting demonstration project modified road lighting products procurement contract". The survey found Changjiang Securities, 2011 Chinese total output LED lamps (excluding tunnel lamp) 680 thousand lamp, an increase of 58%, of which the domestic installed capacity of 530 thousand LED street lamp, LED street lamp is expected in 2012 Chinese output will reach 1 million 220 thousand units, an increase of 79%. Compared to a few years ago, LED street lamp has been greatly improved the degree of acceptance of the public, the promotion model has gradually evolved from the demonstration to promote universal promotion. Changjiang Securities: 3 companies before the good LED lights procurement mainly by local governments at all levels to promote, and now the state support for LED lighting has risen to the central level, reflecting the state support for strategic emerging industries are gradually increased, the demand for energy saving and emission reduction is increasingly urgent. Changjiang Securities believes that more than 11 billion yuan of government procurement on the scale is not large, if the average of 100 LED lighting companies, can only increase the income of 100 million yuan for each enterprise, therefore, the central government procurement model significance is much greater than the actual. However, the country through the central procurement made clear on 12th Five-Year during the LED industry support, development and commercialization will encourage and guide local governments and private capital more actively than before, put more resources for LED products, LED lighting for speeding up the popularization in the country of great significance. Changjiang Securities believes that the short-term government procurement will still be the main driving force of the development of LED industry, the central procurement plan will be implemented directly on the LED enterprise finalists contribute to the performance, we recommend investors to focus on large domestic manufacturers, LED street lighting packaging factory and high-power chip manufacturers. Because of the short term LED outdoor lighting market opportunity is big, therefore the Yangtze River Securities recommendations concern honglitronic (300219), KingSun (002638), LED (600703) Sanan optoelectronics lighting related leading enterprises.