Energy-saving lighting is worthy of long-term attention of investors


1. From the perspective of industry prosperity and policy support, the energy-saving lighting sector deserves long-term attention. At present, the application technology of energy-saving lamps has been relatively mature, and a wide range of applications have become the trend of the times. We have noticed that whenever the central government issues policies related to energy-saving lighting, the stock prices of listed companies in the lighting sector will always respond in the secondary market, including Snowlight (002076), Foshan Lighting (000541), Zhejiang. Sunshine (600261), Lianchuang Optoelectronics (600363) and so on.

2. Steady investors can pay due attention to Foshan Lighting and Zhejiang Sunshine. T8 and T5 fluorescent lamps are the main items for national energy-saving products bidding. At present, Foshan Lighting has 27 T8 production lines, with an annual output of 210 million T8 fluorescent lamps; 6 T5 production lines with an annual output of 30 million T5 fluorescent lamps. The company said that in 2009, it will use its own funds to introduce three T8 production lines and three T5 production lines, so that T8 products will reach an annual output of 250 million pieces, and T5 products will reach an annual output of 55 million pieces, achieving the synchronization of the company's energy-saving products scale and efficiency. The goal of growth. Zhejiang Sunshine is currently one of the largest energy-saving lamp production and export bases in China. At present, the company's energy-saving lamps output is about 200 million, accounting for more than 10% of the global total. The company is also the largest manufacturer of Philips OEM lamps.

3. In the lighting sector, semiconductor lighting is also worthy of long-term attention. Compared with other lighting methods, LED (semiconductor lighting) is more efficient and is known as the fourth revolution in the history of human lighting. In 1999, the luminous efficiency of white LEDs has reached 15lm/w, catching up with ordinary incandescent lamps. It reached 25lm/w after two years, which is similar to the tungsten halogen lamp. In 2006, white LEDs of more than 70 lm/w have been developed to reach the level of fluorescent lamps. However, it will take time for LEDs to be used in general lighting, and it is generally expected to be around 2012. Incandescent, fluorescent and LED lights of the same brightness are used for 10,000 hours. The total cost of LED lamps is higher than that of fluorescent lamps, but it is already lower than that of incandescent lamps. With the continuous advancement of LED technology, the price of LED products will continue to decline. When the cost of LEDs falls to a level that is generally affordable, LED products will be widely used in the market. We believe that Sanan Optoelectronics (600703), a domestic LED faucet that produces LED epitaxial wafers and chips, deserves long-term attention.



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