Benefit subsidy policy LED lighting industry is expected to warm up

The long-awaited market for LED lighting (semiconductor lighting) promotion financial subsidies has finally come to an end. On February 28th, the Department of Development and Reform Commission of the Development and Reform Commission, the Ministry of Finance and the Ministry of Science and Technology, and the Ministry of Science and Technology High-Technology Department jointly entrusted China National Electronics Import and Export Corporation to conduct domestic open tenders for 2012 financial subsidies for the promotion of LED lighting products, and to determine efficient lighting product promotion companies and product specifications. Model and agreement supply price.

People in the industry believe that although the amount of subsidy for this promotion plan cannot be clarified at present, under the general background of energy saving and emission reduction, this will open the prelude to the introduction of the LED lighting subsidy policy. In fact, under the background of LED companies' batch IPOs, overheated industrial investment, and overcapacity, the government's subsidy policy is like “dewing” to inject catalysts into the LED industry, and industry leading companies will also benefit from this. Analysts proposed to pay attention to commercial lighting benefit companies, LED street lamps and tunnel lights related companies, and power supply related companies, specifically to listed companies including Hongli Optoelectronics, Ruifeng Optoelectronics and others.

The introduction of subsidy policies kicked off. According to the requirements of the Interim Measures for the Administration of Financial Subsidy Funds for the Promotion of High-efficiency Lighting Products (hereinafter referred to as the "Measures") of the Ministry of Finance and the National Development and Reform Commission, the green lighting project is further promoted in order to encourage LED product demonstration and application. Energy conservation and emission reduction work has led to the healthy and orderly development of the semiconductor lighting (LED) industry. The Ministry of Finance, the National Development and Reform Commission, and the Ministry of Science and Technology have organized the tender for the promotion of financial subsidies for semiconductor lighting products in 2012.

It is reported that this tender will select a group of LED products manufacturing enterprises and products, and determine the supply price. The subsidy funds shall be indirectly subsidized, and shall be subsidized by the financial subsidy to the successful bidder. The subsidy shall be sold to the end-user by the bid-winning price of the bid-winning agreement minus the subsidy of the financial subsidy. The ultimate beneficiary is the end-user.

In fact, the "Measures" issued in 2007 covered energy-saving lamps and LED lighting, but LED lighting was not included in the implementation. The market has always been looking forward to LED lighting can be included in the scope of subsidies, to promote the promotion and popularization of LED lighting by reducing costs. Previously, the market for subsidy policies on LED lighting also had many claims. Recently, any scholar from the China Civil Capital Commission has revealed that the China Commission for Capital Investment will allocate 8 billion yuan to the central budget to purchase 4 million yuan of extrabudgetary funds during the 12th Five-Year Plan period. LED high-efficiency road lighting products will simultaneously bring local matching funds of no less than 3 billion yuan. The news came out and immediately attracted the attention of the industry and said that this subsidy policy will further shake the LED lighting application market, accelerate the demonstration application and popularization of LED lighting, and is expected to fundamentally ease the expected pressure on the chip overcapacity. And predict that by the end of 2015, China's LED lighting penetration is expected to reach even more than 20%.

Although this subsidy policy for the industry and LED companies eagerly awaited has not yet reached out to the public. However, the introduction of LED lighting into the efficient lighting financial subsidy policy has also been strongly concerned about the market, although the specific amount of subsidies is not clear, but it opened the prelude to the introduction of LED lighting subsidy policy.

Terminal lighting companies benefited directly from the drivers of the rapid development of China's LED lighting industry, and policies played an important role in boosting them. After the LED lighting industry development plan was proposed in China in 2003, the Ministry of Science and Technology proposed the idea of ​​carrying out pilot cities for LED applications in the “Ten Cities and Ten Thousand Cities” in 2008. By 2011, the country’s support policy will continue to ferment, and China will gradually release The roadmap to phase out incandescent lamps. The industry expects this year may be a frequent period of policy. As October 1, 2011, the relevant departments announced that China's incandescent lamp banned elimination schedule, starting from October 1, 2012, during this period, the development of LED related standards will be expected to accelerate, LED related products promotion and demonstration Policies may be rolled out one after another.

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