Guang dong LED lighting industry

The export growth of LED major products is faster than expected and the North American market grows rapidly

 

From Quarter one to Quarter three in 2013, the area of major monitoring of LED export in Guangdong performed well and the total value of major LED products in the whole province is 46.994 billion yuan, 31.84% of the link relative ratio. The growth trend is obvious in the third quarter under the circumstance of stable improvement in quarter one and quarter two. From the destinations of export, the link relative ratio of Guangdong LED major products towards Europe declined while increased by 66.43% towards North America. It indicates the affection of EU new standard implementation on Guangdong LED products has been apparent and some enterprises began to switch their goal to North American and other markets.

 

Speeding up of LED public lighting projects and remarkable achievement of energy conservation and emission reduction

 

In quarter three, invitation for bids of LED street tunnel lights totally are 486.9 thousand in Guangdong, surpassing the sum of the first half year. From quarter one to three in 2013, the invitation for bids of LED street and tunnel lights in the whole province are 759.7, with 608.7 in nine cities of the pearl river delta. In accordance of  the working target in Embodiment of Guangdong that by 2014 the whole province will accomplish 2 million street light remould, saving about 10.8 billion kwh which equals 3.79 million tons of coal, 32 thousand tons of sulfur dioxide, 9.93 million tons of carbon dioxide and 28 tons of smoke dust.

 

The growth of operation revenue of 14 key LED listed companied in Guangdong in the first three quarters is over 30% on year-on-year base

 

In quarter three, the total operation revenue of 22 national key companies added up to 14.726 billion yuan, a year-on-year increase of 19.53%; 1.779 billion yuan of the net margin, a year-on-year increase of 4.64%, 12.08% of average net margin. The total operation revenue of 14 key LED listed companies in Guangdong added up to 8.535 billion yuan, a year-on-year increase of 31.87%, counting to 57.96% of the total operation revenue among the 22 national key LED listed companies; the total value of net margin reached up to 0.611 billion yuan, a year-on-year increase of 1.71% and 7.16% average net profit rate. In the first three quarters, the growth of operation revenue of LED listed companies in Guangdong is increasing over 30% year-on-year, distinctly higher than the average national level.