After the 12th Five-Year Plan sets the 2015 target for the LED industry, the 2020 target plan will be announced recently. The key projects include the LED industry scale will reach RMB 1 trillion, LED will account for 70% of the general lighting, and the power saving benefit will be compared with 2015. An increase of 240 in the year indicates that the mainland is moving from rural to urban development. Whether indoor or outdoor public lighting, the potential demand for LED lighting will continue to increase.
From a long-term perspective, as the urbanization ratio of the mainland will reach 60 in 2020, it will help LEDs to develop indoor lighting; however, from a short-term perspective, the area will still be dominated by outdoor public lighting, mainly due to the 2015 total length of the expressway. 4.5 million kilometers and 120,000 kilometers of railways will help to increase the installed capacity of LED lighting. It is estimated that the demand for LED street lamps in the mainland will reach 33% in 2014.
Due to the fact that the self-made rate of LED chips in China has reached 75 in 2013, and the potential scale of its LED domestic demand market is huge, at the end of January 2014, Sanan Optoelectronics announced that it will raise nearly RMB 3.3 billion by means of non-public offering of shares, mainly investing in Anhui Wuhu Phase II MOCVD capacity, if the total new and old machine capacity is added, the total number will be 264 in the future. This also indicates that the company is actively cooperating with major LED industry players in the second half of 2013, with the aim of seeking more LED chips. The estuary.
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