[Text / high-tech LED Xu Chaopeng] Recently, the LED industry was saturated with the demand of the backlight market and the price of lighting products was fierce. The industry's loss pressure was doubled. In the first three quarters of 2015, the operating growth momentum was not as good as expected, and the profit performance was also eroded.
However, the LED factory has recently received subsidies from various local governments, among which the domestic chip leader, Sanan Optoelectronics, has received a subsidy of 170 million yuan, which is the crown of all LED factories.
Recently, Sanan Optoelectronics announced on September 30 that Fujian Jingan Optoelectronics Co., Ltd., a wholly-owned subsidiary of the company, received an investment of RMB 170 million from the Anxi County Finance Bureau on the 30th to promote Anxi County. The development of LED optoelectronic industry chain. According to the relevant provisions of the Accounting Standards for Business Enterprises, this amount will have a positive impact on the company's third quarter results.
In addition, the chip factory Dehao Runda pointed out that its wholly-owned subsidiary Dalian Dehao Optoelectronics has received approval from Dalian Jinzhou New District Science and Technology Bureau, and will receive support funds of 50 million yuan; another holding subsidiary, Yu San Yan Semiconductor also received a notice from the Finance Bureau of the High-tech Industrial Development Zone, agreeing to allocate 20 million yuan in support funds and an estimated subsidy of 70 million yuan. In addition, Sunlight Lighting and Wanrun Technology also issued announcements stating that they received RMB 91.88 million and RMB 48.77 million respectively.
"Although the state has previously announced that it will stop the subsidies for the LED industry, according to recent LED company announcements, in the Q3 quarter of 2015, a total of five LED practitioners received government subsidies for different projects, totaling approximately RMB 390 million." GGII Advanced Analyst Li Shengfa said.
According to the statistics of GGII, among the 2,600 enterprises in the LED lighting industry in 2015, there were about 579 loss-making enterprises, which was higher than the 482 statistics in 2014. The total loss in the first half of 2015 reached RMB 1.215 billion, compared with the same period in 2014. Than, an annual increase of 9.75%. The LED industry also expects that the growth rate of the output value of the mainland LED industry will slow down in the next three years, and the industry knockout will continue to advance.
However, we can also see that the state gives subsidies, most of the list gives some large LED companies with intellectual property rights, how should SMEs survive? Small enterprises will inevitably die? This is also an urgent concern in the industry.
“It is not wrong for the government to support emerging industries with subsidies, but is it necessary to replenish large enterprises or small companies? Is it to replenish the front-end technology link or the back-end demand link? At present, China’s subsidy to the LED industry is not conducive to the healthy development of the industry. The production process will only stimulate the continuous expansion of the industry, and eventually there will be a situation of overcapacity." Ye Zongze, chairman of Yunao Lighting, believes.
"Government subsidies I think should be in demand, should be in tax rebates, etc., such as the EU government, the US government, such as a light bulb 10 dollars, in fact, ordinary consumers can buy it with 6 dollars, because there are tax rebates and other measures. For our small and medium-sized enterprises, we can never enjoy this kind of investment just in the leading edge. This kind of investment activity is actually not guaranteed for the quality of the products and the quality of the project.†Wu Jianwei, chairman of Rungelai, said.
In fact, not only the LED industry, but also the photovoltaics, electric vehicles and other industries have similar lessons and lessons, and the policy subsidies are clear, in order to truly create demand and promote industry development. At the same time, enterprises can only gain a foothold in market competition by technological innovation and improving the quality of their products.
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