GLII: LED secondary market investment is still based on clear expectations of performance

Key Analysis

The latest statistics from the High-tech LED Industry Research Institute (GLII) show that as of December 21, the high-tech LED industry index has risen 17.34% from the lowest point of the month, while the 25 LED listed companies' stocks have been at the lowest point since the beginning of the month. The average increase was 22.7%.

GLII believes that the rising market in this round of secondary market is mainly based on the recovery of market confidence. At present, the investment in the secondary market of the LED industry should still be based on the investment target with clear performance growth expectations, which can prevent the risk of a large correction. Earn more than the average of the same stocks.

GLII released "2012-2013 China LED LED Phosphor Enterprise Competitiveness Ranking". It is estimated that the sales volume of LED phosphors in China will increase by 70% in 2012, and sales will only increase by 23%. The main reason is that the price of phosphors has dropped rapidly, resulting in Enterprises generally have an increase in profits.

The rapid growth of LED phosphor sales in China in 2012 is mainly based on the following factors: downstream backlight and lighting market demand continues to grow, driving the rapid growth of white LED device production; COB, integrated modular packaging products are more and more mature, and sales volume is large Increasingly, these new packaging forms add a lot more to the phosphor usage than traditional packaging formats; customized special colors and special products are increasingly demanding phosphors.


High-tech observation

GLII: Business problems lead to corporate capital chain breaks, LED industry is difficult to winter GLII: LED chip manufacturers in disguised price cuts, industry consolidation and acquisition acceleration Dongguan will promote 420,000 LED indoor lighting before the end of 2013

Market review

This week's high-tech LED industry index closed at 974.72 points, up 2.19%.
This week, the average increase of 25 LED stocks was 4.67%. The top three gainers were Moso Power (9.13%), Alto Electronics (9.02%) and Dehao Runda (8.85%).

Investment recommendation
Sanan Optoelectronics (600703), Alto Electronics (002587), Ruifeng Optoelectronics (300241).

Click to download this week's weekly report: http://?1356413632

Click to view more Gaogong LED Research and Development Weekly Report: http://

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