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After several years of spurt development, the domestic LED industry began to enter the export low period from the second half of last year. At the 111th Canton Fair held recently, the year-to-date LED companies' orders from Europe and the United States have fallen by 30%. In terms of listed companies, although the growth rate of 11 companies in the annual reports of 13 companies listed last year to the first quarter of this year has been seriously declining, in order to avoid the misfortune of mergers and acquisitions, the domestic LED enterprise IPO is still in full swing.
Data from the Guangzhou International Lighting Fair, the world's largest lighting show, showed that the scale of exhibitions opened in early June increased by 10, and the number of exhibitors decreased. 12. Behind the booming capital LED heat, there is a flood of industry shuffling. Pan Wenbo, founder of Guangzhou International Lighting Exhibition, said in an interview that the temporary trough of the industry provided a time for shuffling, and international giants and domestic LED companies that are vying to list have become the leaders of shuffling.
Export orders fell by 30% According to industry sources, the current domestic LED companies 70 are still mainly export. Under the influence of various factors such as the spread of the European economic crisis and the weak recovery of the US consumer market, orders from enterprises have decreased since the second half of last year.
Baocheng Xin Optoelectronics Technology Co., Ltd., which is an LED lamp, said that the situation in Europe and the United States was particularly severe this year, and orders were reduced by 40%. The reporter learned from a number of LED companies that orders from Europe and the United States fell by three to five percent in the industry. Declining orders directly led to a decline in revenue for many companies. According to the statistics of Guangdong Guangya Lighting Research Institute, the 2011 annual performance report released by 12 companies listed last year to the first quarter of this year shows that only Qinshang Optoelectronics and Lianjian Optoelectronics maintained a small increase in growth rate, and another 10 The growth rate of domestic enterprises has declined to varying degrees.
According to Pan Wenbo's observation of the market, he believes that due to the uncertain economic situation in Europe and the United States, the export situation of lighting enterprises will still be severe this year.
Pan Wenbo, who is currently in the LED industry, said that it is estimated that there are about 8,000 LED companies in China, which are in a small and scattered state. The industry’s call for a development order through shuffling and rectifying the industry has been high. In fact, the undercurrent of shuffling is also surging in the industry. Since last year, there has been an incident of LED business failures.
According to reports, there are more than 80 LED lighting companies in Shenzhen, and nearly 10% of LED lighting companies in Foshan City closed down in 2011. Following Shenzhen and Foshan, LED lighting companies in Dongguan and Zhongshan also felt the cold wave in the market.