LED lighting industry expands in many fields

The LED lighting industry is blowing up and the thermal plastics business is developing. Under the cost reduction and policy promotion, LED lighting will usher in a high-speed development period. It is expected that the average annual growth rate of LED bulb and lamp sales will reach 66 and 58 respectively in 2013-2017. The thermal conductivity plastic processing performance is good and the cost is low. It will gradually replace traditional aluminum alloys as thermal conductive materials for LED lighting fixtures. Under the dual role of high growth and substitution in the industry, LED thermal plastics will usher in an explosive period. It is expected that the scale of thermal plastics will increase from 700 million yuan in 2013 to more than 10 billion yuan in 2017. The company's technology is leading domestically, and has established good cooperative relations with downstream customers such as Philips, Osram, GE Lighting, etc., and will fully benefit from the rapid development of the industry. Cut into the metal structural parts market and share a rapid growth feast. Metal structural parts will usher in rapid development in the context of rapid growth in consumer electronics shipments and rapid increase in penetration. We expect the market size to increase from the current 4.9 billion US dollars to 16.8 billion US dollars in 17 years, with an average annual growth rate of over 50. The company participates in Xingfa Electronics, and currently has a construction capacity of 1.8 million sets/year of metal structural parts. It is estimated that the annual sales income will be 239.64 million yuan and the annual net profit will be 50.6 million yuan. According to the proportion of the company's equity, it can get an investment income of 17.1 million yuan, which is 1.4 times of the net profit of the mother in 2013, and contributes significantly to the company's benefits. The production capacity of traditional modified plastics has increased and the cost has decreased. At the end of 2013, the company's production capacity was about 100,000 tons and its output was over 90,000 tons. With the gradual release of Suzhou production capacity after April, the production capacity is expected to increase by 80,000 tons in 14 years, the output will increase by 40,000 tons, and the income will increase by more than 30. In addition, through the independent research and development of the production of flame retardants, the production cost can be greatly reduced, and the cost of the flame retardant accounts for about 6% of the total cost. If all the independent products are used, according to the 13-year production estimate, the cost can be saved by 10 million yuan, and the efficiency is obviously improved.

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