China's LED industry will continue to struggle in 2015

At the end of the year, the LED capital market was not calm. After the news of the IPO restart came out, it caused shocks in all walks of life. The stock market not only suffered a black Monday when nearly 400 stocks fell, but also 2/3 of the stocks in the gem fell, falling below the half-year line. How much joy and sorrow, for companies that want to go public through IPO, IPO restart is a good thing, they can quickly form a scale through listing, reduce costs, and seize the LED market. However, after the restart, it will intensify the competition in the industry and trigger a new round of reshuffle. At present, 83 companies that have already planned to list on the GEM account for more than half of the companies. LED listed companies are basically on the GEM. The stock market crash has caused the stock prices of listed LED companies to surge. However, it is undeniable that every major economic and social change is like a navigation mark, allowing the LED market to usher in opportunities. For example, China has started the semiconductor lighting project to establish an industrial base, the 10-city 10,000-lamp LED lighting demonstration project, China's road map for phasing out incandescent lamps and the State Council 4. The introduction of the 5 trillion energy-saving new policy is a big bull market. As the second largest economy, China's real economic growth rate is a top student, but the capital market system and mechanism are not perfect, and the information transparency is not high, which makes some companies expand endlessly and spread the big leap. In recent years, the mobility of the whole society has been rampant, and the speed and intensity of expansion have deviated from the market carrying capacity, and even led to overcapacity in some fields. A healthy market with wealth effect can continuously absorb social capital, and the wealth effect can be transformed into an endless supply of domestic demand power and national wealth. As early as the beginning of the year, when the Shenzhen abolition order came out, the controversy over the tightness of the two hands of the market and supervision was raging. As an emerging industry in a transitional economy, the market will have experienced the transition, and enterprises will experience from less to more, and then from more to less, and eventually form a winner-take-all oligopoly. Therefore, while insisting on letting the market mechanism play its role in the general direction, the government cannot indulge the sheep on the hillside and let go. China's LED industry has been in the bear for a few years. During this period, thousands of enterprises have risen, and some small and medium-sized enterprises have been wiped out due to poor management. China's LED industry is in a transition period of climbing and climbing. The overall deepening of industry reform must be carried out by healthy entity enterprises. Therefore, we must use a long-term strategic vision to cultivate entity enterprises, less demanding, more care, positive norms, and correct guidance. The rise of industrial powers cannot be separated from the support of healthy and strong enterprises. In the extraordinary development process of China's LED industry, the outside world has had too many arguments about the LED industry, but no matter how to blame it, the rapid development of the LED industry is beyond doubt. this year, the National Industrial scale exceeded 250 billion yuan, which is a good affirmation for all LED people. In 2014, LED people will continue to hit the road and work together for the growth of the industry.