Guoxing Optoelectronics: fires in the field of LED lighting

In recent years, led has quickly entered the public eye, and the huge market space has been sought after by many companies, and they have expanded their investment to share more market share. In this LED investment boom, Guoxing Optoelectronics (002449) is not a follower, but one of the pioneers. The company began to explore LED products more than 30 years ago. Today, Guoxing Optoelectronics will set foot on the capital market, and it will use the wheel of the capital market to drive faster development in the future. The technical level of Guoxing Optoelectronics has taken a leading position in the domestic industry. In terms of device packaging, Guoxing Optoelectronics pioneered the international high-power LED device structure based on PCB, and achieved independent innovation in substrate materials and production processes. At the same time as the current packaging business is stabilized, Guoxing Optoelectronics has begun the extension of the upstream and downstream industry chain.

From the current product composition, SMD LED components and SMD LED devices form the main business of Guoxing Optoelectronics, mainly used in white goods and indicating applications. In the view of Zhang Liangyong, a researcher at China Merchants Securities (600999), the future development of the company is in the field of LED lighting. He said: "At present, white electricity has entered a mature stage, indicating the application of LED, penetration in the existing field. It is already very high, so the company needs to expand into two areas of LED display and LED lighting in order to achieve development."

As Zhang Liangyong said, the current LED lighting industry is developing very rapidly. With the advancement of LED technology and the decline of cost, various semiconductor lighting fixtures are increasingly favored by the market. At present, the luminous efficiency of industrialized high-power LEDs has reached 100 lm/W. From this point of view, the step-by-step replacement of traditional lighting sources by high-power LEDs is only a matter of time.

The huge market space was also noticed by Guoxing Optoelectronics, and the layout of the industrial chain began last year. At the end of 2009, Guoxing Optoelectronics set up the LED lighting division and began to develop and produce LED application products such as LED lamps and light source modules. Through the early research and development investment, it has achieved good results in LED light source technology, lamp heat dissipation technology and secondary optical design. At present, LED strip lamps, LED power spotlights, etc. have been realized in small batch production.

In order to occupy an active position in the competition, Guoxing Optoelectronics decided to invest in the establishment of three LED lighting production lines, purchase a batch of special equipment, testing equipment and reliability testing equipment to improve the production process level, and at the same time establish a semiconductor lighting performance testing and evaluation center. After the project is completed, it will form a high-power LED street lamp of 30,000 盏 / year, a variety of general-purpose LED lamps 1 million sets / year, a variety of lighting engineering strip lamps 120,000 m / year production capacity, respectively, sold to general lighting, Customers in the fields of special lighting and landscape decoration lighting.

"With the gradual decline in LED prices, traditional lighting sources will inevitably be gradually replaced by LEDs." Changjiang Securities (000783, shares it) Chen Zhijian believes that "the lighting sector can not be denied will become one of the most potential applications of LED market potential The launch of the “Ten Cities and Ten Thousands” semiconductor lighting application demonstration city program of the Ministry of Science and Technology has also guided the rapid development of China's semiconductor lighting applications to a certain extent.

It is understood that LED lighting is divided into two major markets: LED backlighting and LED general lighting. Among them, the LED backlighting market has a high barrier to entry, and the packaging process has a tendency to be built-in. The LED general lighting market is currently in the market introduction period, and the standardization degree of the products is still relatively low, and the form of the products is also rapidly developing and changing. The LED packaging enterprises have a larger space.

In the four fundraising projects of Guoxing Optoelectronics, the LED lighting manufacturing project was also included. The implementation of the project shows that Guoxing Optoelectronics has begun to extend the industrial chain to the downstream lighting field. The main target market is the general lighting field.

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