PCB LED and parallel development
Friends led by the second half of materials
May the remaining half were believed to be a critical time friends big offensive, after all, no matter which point of view, China, Hong Kong stock market are low too far-fetched that this unusual situation, entirely by hand of national policy cause, but any capital market fundamentals in the longer term by the decisions, it is difficult to see the market drop down every once Danyou offensive complete, easy to rely on the right again to create a favorable factor.
One-third of total re-LED standard top speed
Of electronic products into the multi-type printed circuit board (PCB) to play the main business, but last year the breakthrough LED lighting business, the Chinese government contractors through the qualification, the Group continued to achieve significant orders last year alone in the PCB LED business recorded turnover of 114 million, accounting for 11.5% of total, but the latest LED orders on hand reached 500 million yuan, which is equivalent to 5.16 times last year's LED business, no wonder that the Group has set the LED business of the future one third of the total share of goals, and implicit provincial governments actively seek national LED lights on a one-time installation, and long-term comprehensive lighting installation consultancy projects of the prime contract, at the same time through and AV Concept (0595) in cooperation with Another development at competitive prices LED interior lighting product line, it is believed that this accounts for re-LED opportunity to enhance the standards very high. In early February, the Group has entered into a transportation construction and the Hanjiang LED product supply agreement to supply 4,600 light LED lights, costs about 6,000 yuan, a contract is equivalent to 62% of revenue last year, LED pcb assembly!
Long-term prospects of national policy lock
LED business was up into the big breakthrough, in fact, there is the underlying cause to support, first under the 2009 policy, building materials, energy-saving products to rural areas up to 1,000 billion yuan funded subsidies, subsidies for three years, is limited in the next year, while the Development and Reform Commission, housing Ministry of Construction Ministry and the three ministries with hand-driven organization, "semiconductor (LED) lighting products, demonstration projects" to be published at the end of the list of 28 finalists, up into the main LED lights will become Hong Kong-listed shares. In fact, this year's "five-second" repeat energy and the "city of ten thousand ten" and "million miles" and other national policy, with newly published "structural adjustment catalog", LED lighting within a directory with out further into the lock up strong development prospects.