Industry news

2016August

The first price grab KingSun lighting products market LED demand

From: www.szbako.com Data:02/08/2016

in "the Commission investigation" storm KingSun (002638, shares) yesterday morning held an annual general meeting of shareholders. At the meeting, Li Xuliang, chairman of the company, said the company is waiting for the results of the Commission's investigation. The company has not been affected by the Commission will initiate an investigation effect, since the second quarter of this year, the industry appears a large outbreak, through LED commercial lighting market in first price to seize the market, at present company LED lighting products in short supply.

Li Xuliang Zhengbao told reporters, with the decline in prices, the company's sales also experienced explosive growth. At present, the company's production capacity of 24 hours full load production, but still can not meet the needs of customers, the need to outsource part of the production process.

for this round of LED lighting market led to a large outbreak of the chip prices, Li Xuliang said that the company uses a large number of chips, so there is a bargaining power. At present the company uses the chip does not rise in price, and there is the possibility of price reduction.

Guotai Junan Securities research report pointed out that the outdoor lighting business KingSun will return to high growth track. Guangdong Province, the provisions of the city of LED outdoor lighting project acceptance time focused on the end of 2013 by the end of, since 2013 has been the local government take the initiative to invite companies to participate in the tender. Forecast 2013 Guangdong in the intensive implementation of the policy period, the market will show a doubling of the momentum of growth, the company as the first enterprise in Guangdong Province, the largest share of the cake will be


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