The industry believes that if the lighting industry did not give birth to LED, a green new energy, traditional lighting may enter the era of several giants like the power industry. However, due to the generation of the fourth generation of green energy LED, the lighting industry ushered in a new round of investment peaks, and then ushered in a new round of bankruptcy, the industry is in turmoil. Now ushered in the opportunity to eliminate incandescent lamps, the state subsidy promotion policy and Guangdong set off a new round of promotion of the use of LED lighting new products, ask, LED lighting will be able to meet the new development opportunities. In order to implement the 12th five-year plan for energy conservation and emission reduction, since the implementation of the 10-city-lamp pilot plan in 2009, the state's subsidy for LED lighting industry has increased. This year, the state has subsidized and promoted 8. 73 million LED lighting products from 39 enterprises. In addition, in May 2012, the Guangdong provincial people's government proposed to popularize LED lighting products in the province's public lighting field within 3 years. Many cities in the Pearl River Delta have successively launched implementation plans, and now they are entering the bidding stage. At the same time, the Guangdong provincial science and technology department and the Industrial Bank Guangzhou branch jointly signed a comprehensive cooperation agreement and a special cooperation agreement for the promotion of LED lighting products in Guangdong province. According to the agreement, Societe Generale bank will, on the premise of meeting the requirements of CBRC and internal examination and approval, provide targeted services to qualified LED industrial chain enterprises in the province, provide special financing services totaling 10 billion yuan. The state's subsidies to the LED lighting industry are undoubtedly timely, and credit financing can solve the current financing difficulties. At present, many enterprises in the lighting industry have entered a difficult situation of expanding the market and maintaining their survival and progress. Problems such as shortage of funds and difficulties in opening the market are plaguing LED lighting enterprises. However, the local government suits the remedy to the case and gives financial subsidies and policy support. Will LED lighting enterprises seize the opportunity and stabilize the channel to usher in the spring of the lighting industry? Although the national and local subsidies for LED lighting have brought new vitality to the industry, some media have called this kind of LED investment herd effect for the new round of investment brought by the national subsidies for new energy. Due to blind follow-up, LED investment has become transparent. Secondly, large enterprises have received state subsidies, madly invested in LED projects, and established industrial bases. Their profits have always relied on government subsidies, which is controversial. Such as Sanan Optoelectronics third quarter profit 6. 6. 6 billion yuan, subsidies as high as 3. 2. 8 billion yuan, accounting for nearly half. In addition, Haobo Optoelectronics fell into a shutdown due to difficulties in capital turnover. At that time, the mountains and rains were coming and the wind was full. The boss said that it was only a retreat, and the employees who left the company said that the factory closed down, and the media Related reports at the moment caused the industry to shuffle. Summary: If the LED lighting industry is advancing against the current, it will retreat. Although there are various problems in the industry, there is no doubt that the popularization and promotion of LED lighting is conducive to the realization of energy conservation and emission reduction. Under the encouragement of national policies, enterprises should vigorously produce and promote a new generation of green lighting energy according to market demand and enterprise capabilities.