In the strategic transformation in recent years, Sunlight Lighting (600261) has already achieved initial success in the emerging LED industry. Last year, the company's business income was only over 50 million, and it has exceeded 90 million yuan in the first half of this year. In the context of rapid growth in the LED lighting industry, on December 6, Sunshine Lighting issued a notice of change in the fundraising project, which is to reduce the funds of the first largest fundraising project for the industrialization of LED lighting.

Some insiders pointed out that while maintaining the stability of the existing business, Sunlight Lighting (600261) has already released the LED business growth signal due to the change of the above-mentioned fundraising projects. The company's early strategic transformation has already moved to a deeper level.

Raise investment to increase LED investment
On December 6, Sunshine Lighting issued a notice of change in the fundraising project. The “micro-mercury environmental protection energy-saving lamp industrialization project” part of one of the funds for the private placement project in 2011 was changed to “annual production of 20 million (set) LED lighting products industrialization project”.

In 2011, there were two investment projects for directional additional sunshine lighting. One of them was the “micro-mercury environmental protection and energy-saving lamp industrialization project”, with a total investment of 480 million yuan; the second is the “LED energy-saving lighting product project”. The total investment of the project is 419.2 million yuan.

According to yesterday's announcement, Sunshine Lighting plans to reduce the scale of the annual production of 150 million micro-mercury environmental protection and energy-saving lamps into 75 million units. The amount of funds raised from the company will be reduced from 479.90 million yuan to 210 million yuan. As of 2012, 11 On the 30th of the month, the project has invested 5,954,600 yuan. After the change, the company will use 269.90 million yuan of non-public funds to implement the "annual production of 20 million (sets) LED lighting products industrialization project", the total amount involved in the change of investment accounted for 30.02% of the net proceeds.

Regarding the reasons for the change of the fundraising project, the company explained that due to the rapid development and rapid growth of LED lighting in the past two years, and through the market research and the combination of Xiamen Sunshine's current LED sales growth, the company considered the LED lighting investment after careful consideration and judgment. The output ratio is higher, and its future prospects and market growth potential are greater. Therefore, it is recommended that the board of directors and the general meeting of shareholders consider converting some of the funds raised in the original “micro-mercury environmental protection and energy-saving lamp industrialization project” into LED lighting projects.

A brokerage industry analyst believes that the implementation of the new project will help the company to speed up the adjustment of the existing product structure, and further improve the value-added, self-owned brand-based integrated lighting enterprise transformation. After the above-mentioned projects are adjusted, it is estimated that the annual sales revenue will be 1.1 billion yuan and the total profit will be about 173 million yuan.

LED lighting has grown rapidly
Half of the funds for the first largest fundraising project in 2011 will continue to be used to implement LED lighting, showing that the layout of the solar lighting LED field has been developing far-reaching.

Sunlight Lighting is the leading energy-saving lamp industry in China. In recent years, the company has carried out two major strategic transformations, one of which is to enter the emerging LED industry, that is, to enter the LED packaging and terminal applications in the downstream industry with the help of the original energy-saving lamp R&D and sales platform. . The above-mentioned strategic transformation has achieved initial results in the first half of 2012. In 2011, the annual revenue of solar lighting LED lamps was only 50 million yuan. The revenue in the first half of this year has exceeded 90 million yuan. According to the company’s certification, the 2012 annual solar lighting LED The revenue of the lamp rose to 350 million to 400 million yuan.

The LED lighting business has grown rapidly. In the second half of 2012, Sunlight Lighting also won several successful LED contracts. The most recent one was the “Notice of Winning the Bid” received by the Central Government Organs' Government Procurement Center at the end of November, and won the bid for the National Development and Reform Commission to respond to climate change. The third phase of the project, the LED lamp sub-project, the Ministry of Water Resources and Energy of the Republic of Maldives, amounted to 24,701,900 yuan. The above-mentioned continuous winning bid for government projects marks the recognition of the company's LED products.

The Sunlight Lighting Certification told reporters that the increase in LED lighting investment is mainly due to the rapid growth of the industry in recent years. After the technology upgrade is mature, the cost is gradually reduced. In addition to government procurement, the rest of the business and outdoor are also showing strong demand. LED lighting The industry's return on investment is much higher than that of energy-saving and environmentally friendly lamps.

On the other hand, for the winter of the LED industry, the above-mentioned people said that the LED industry includes more fields, which is not the case in the lighting field, and with the upgrade of technology, the cost will be further reduced, and the market demand will be further released. In addition, it is also due to this, the future of solar lighting will further increase the investment in LED projects.

(This article is reproduced on the Internet. The texts and opinions expressed in this article have not been confirmed by this site, nor do they represent the position of Gaogong LED. Readers need to verify the relevant content by themselves.)

Winnowing Machine

Winnowing Machine,Winnowing Rice,Seed Winnowing Machine,Grain Winnowing Machine

Hunan Furui Mechanical and Electrical Equipment Manufacturing Co., Ltd. , https://www.thresher.nl