'Emerging industries' knock on the subsidy door LED lighting benefits

If an industry is listed as a strategic emerging industry, it is tantamount to knocking on the door to government subsidies. As a result, photovoltaic and LED enterprises have become companies that are easy to obtain government subsidies in recent years. Many private companies have obtained subsidies by virtue of this advantage. China's financial subsidies are mainly guided by the adjustment of industrial structure and are invested in supporting small and medium-sized enterprises, energy-saving and environmental protection industries and high-tech innovative industries, it involves special subsidies including major national special supporting funds and special subsidies within the national industrial revitalization budget. In terms of the difficulty of applying for subsidies, it is easier to apply for high-tech, electronic information, biomedicine, software, and new energy. If the industry is listed as a strategic emerging industry, it is tantamount to knocking on the door to government subsidies. As a result, photovoltaic and LED enterprises have become two types of companies that are easy to obtain government subsidies in recent years. Since the national launch of the Golden Sun project in 2009, the central government has arranged some funds from the special funds for renewable energy to support the industrialization and large-scale development of domestic photovoltaic power generation, in principle, grid-connected photovoltaic power generation projects will be subsidized at 50 of the total investment of photovoltaic power generation systems and their supporting power transmission and distribution projects, and independent photovoltaic power generation systems in remote areas without electricity will be subsidized at 70 of the total investment. This subsidy method belongs to pre-subsidy, that is, the project investor receives the subsidy before the project is started. According to media reports, the threshold of the Golden Sun project is very low. As long as you can get the power grid and the roof Road, you can go to the declaration. After success, you can get a large amount of subsidy funds. The project ended on 2013 with a cumulative subsidy of about 10 billion yuan. On June 2013, the National Audit Office found that a number of companies and units obtained the subsidy by fabricating false declaration materials and other means, and the accumulated funds from the central government reached 2. RMB 0. 6 billion. According to statistics from Southern Weekend reporters, since 2009, nine listed companies such as sunflower, Chendian International, Hengdian East magnetic and Linzhou Heavy machinery have received nearly 3. 0. 4 billion. The real money that the government has invested in photovoltaic enterprises is enough to make foreign counterparts envy, but it has also become the trigger of trade friction between China and the United States and the European Union. In November 2011, the European Union launched a countervailing investigation into China's photovoltaic products. On January 2014, the U. S. Department of Commerce launched its second double-reverse investigation into crystalline silicon photovoltaic products imported from China since 2011. In fact, since 2013, few photovoltaic listed companies have received government subsidies. In 2013, Hairun photovoltaic received various government subsidies of 41. 71 million yuan, and its performance forecast still suffered losses. The net profit attributable to shareholders of listed companies was-1. RMB 0. 3 billion. The amount of this subsidy is only of that in 2012. In December 2012, the company received awards for successful listing of Jiangyin enterprises, subsidies for talent introduction funds and subsidies for technological transformation equipment. 0. 6 billion yuan; Xu Xiake town government rewards 48 million yuan; Sun Demonstration Project 1. 0. 7 billion yuan; Taicang R & D center's scientific research funds and industrial support funds totaled 80 million yuan. Even if the government subsidy is included in the current profit and loss in the current year. 0. 5 billion, operating profit is still a loss of 5. 0. 3 billion. Correspondingly, the LED photoelectric industry, which is also an emerging industry, is ushering in an outbreak period. The subsidy category of LED is more dazzling than photovoltaic. In 2009, the National Development and Reform Commission issued 'opinions on the development of semiconductor lighting energy-saving industry'. At the same time, the energy-saving and environmental protection industry has been designated as one of the seven emerging industries in the 12th Five-Year Plan. Looking at the announcements of listed companies in the LED industry, major scientific and technological projects of core electronic devices, General chips and basic software products, Project Projects central financial funds, key industry development funds, 863 plans, special guiding funds for scientific and technological innovation and achievement transformation, and national high-tech research LED enterprises have appeared in the development plan project funds and special funds for the development of strategic emerging industries. These LED optoelectronic companies are expanding rapidly everywhere. Because investing in local factories, you can not only get rich equipment subsidies, but also continue to apply for technology subsidies in the name of subsidiaries. Taking Dehao Runda as an example, from 2010 to 2012, its wholly-owned subsidiaries Wuhu Dehao Runda, Yangzhou Dehao, Dalian Dehao and Bengbu Dehao received subsidies of 4. 1. 8 billion, 2574. 60 thousand, 76. 6 million and 75. 8 million. Both Dehao Runda and San'an Optoelectronics are trying to build a home in Wuhu Economic and Technological Development Zone, which is a gathering area of the photoelectric industry. Sanan Optoelectronics, which is known as the first brother of LED chips in China, has received nearly 3 billion yuan of government subsidies in the past three years, which is rare in private enterprises. Looking at the expansion route of San'an Optoelectronics, the policy-driven intention is very obvious, because many local governments are vying for LED epitaxial chip manufacturers. In 2009, Yangzhou municipal government took the lead in introducing MOCVD subsidy policy. Every time an enterprise introduces a MOCVD machine, it will give a financial subsidy of 10 million yuan. Hangzhou will subsidize the purchase of MOCVD equipment by 40 of the equipment purchase price. Guoxing Optoelectronics, shilanwei, Dehao Runda and Sanan Optoelectronics all received MOCVD purchase subsidies of hundreds of millions of yuan. In order to strive for the presence of San'an Optoelectronics, Anxi county, Quanzhou city, Fujian province, has invested 4 billion yuan, which is more than the public revenue of Anxi county in one year. According to the practice of Wuhu, Anxi subsidized MOCVD and sapphire substrate production equipment, totaling 2. 2 billion yuan. In the aspects of land acquisition and relocation, infrastructure and research and development center, the construction investment is 1 billion yuan; The investment in the construction of supporting joint projects is 0. 8 billion yuan.