It is reported that China is expected to introduce a timetable for eliminating incandescent lamps, impose a consumption tax on incandescent products, and provide policy support to the energy-saving lamp industry to achieve the policy goal of energy conservation and emission reduction.
At the same time, many EU countries have already reached an agreement to gradually replace the old-fashioned incandescent bulbs with high energy consumption with energy-saving fluorescent lamps. This means that the future replacement of incandescent lamps with energy-saving lamps will become an international trend, and China's energy-saving lamps are expected to usher in a rapid market, and listed companies with LED energy-saving lamps will benefit significantly.
Elimination of incandescent lights
Although the promotion policy of energy-saving lamps in China has been implemented, the specific timetable for the elimination of incandescent lamps in the industry has not been clearly announced. Earlier, the National People's Congress's law enforcement inspection energy-saving report clearly recommended that the State Council introduce a timetable for the elimination of incandescent lamps as soon as possible to improve the elimination of incandescent lamps.
According to industry insiders, as early as 2009, the National Development and Reform Commission and the United Nations Development Program (UNDP) and the Global Environment Facility (GEF) signed the “China Phased Elimination of Incandescent Lamps and Accelerated Promotion of Energy-Saving Lamps†project, and plans to phase out incandescent lamps within three years. .
Analysts expect that if the timetable for eliminating incandescent lamps is determined, it will surely provide more policies to promote energy-saving lamps. It is understood that China has implemented green lighting projects since 1996. In 2008, the National Development and Reform Commission and the Ministry of Finance subsidized the promotion of high-efficiency lighting products, and subsidized 30% and 50% respectively for large-scale users and urban and rural residents to purchase energy-saving lamps.
The industry expects that in the future, the promotion of energy-saving lamps instead of incandescent lamps will increase the tax control policies with mandatory colors, such as the consumption tax on incandescent lamps. With the adjustment of tax instruments, the elimination of incandescent lamps will be no less than the elimination of backward production capacity at the beginning of this year.
In addition, the European Union announced that it will phase out high-energy lighting equipment such as incandescent lamps in four years, and replacing incandescent lamps with energy-saving lamps, halogen bulbs and LED lamps has become the main lighting for European residents.
LED light plate enjoys good
Data show that in 2009, China's incandescent lamp output was 3.76 billion, accounting for about one-third of global production, and the current national incandescent lamp consumption is as high as 1.4 billion. This means that in the next few years, the existing market share of incandescent lamps will gradually be replaced by energy-saving lamps. The listed companies that focus on incandescent lamps will also face a situation in which business volume continues to decline.
Among the energy-saving lamps, LED products have the technical advantages of energy saving, environmental protection, longevity, controllability, etc., which save more than 60% of electricity compared with traditional lighting products, and have a long life of 5-10 years. LEDs are also expected to show their talents in the field of lighting. However, due to the high price of LED bulbs, the pace of its promotion has been slow. This is also the main reason why the government subsidizes the purchase of energy-saving lamps.
In the future, in the process of “enjoy the roomâ€, the products with high technology, low cost and high cost performance will take the lead in seizing the market share.
Reflected in the capital market, Zhejiang Sunshine (600261) won the first prize of 7 packages in the “Efficient Lighting Product Promotion Project†bidding in 2010, and the remaining two packages ranked second and third respectively. It is expected to form a product pattern of high-end energy-saving lamps, LED lamps and lamps, high-power fluorescent lamps and lamps, break the growth bottleneck and significantly upgrade the product structure, LED ratio is expected to reach more than 40%. In addition, Sanan Optoelectronics (600703), as a leading enterprise in China's LED industry, is in a leading position in LED epitaxial wafer and LED chip manufacturing. The company has received financial subsidies for many times this year.
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