[High-tech LED News] The main source of revenue for Qinshang Optoelectronics is outdoor lighting, and indoor lighting products and EMC model will become the new driving force for future performance. The company optimized and adjusted the product structure, in which the proportion of outdoor lighting revenue increased from 19.8% to 54%; the proportion of indoor lighting revenue increased to 7.8%.
The company's products have been successfully applied in 20 of the 21 pilot cities in the “Ten Cities and Ten Thousand Plans†of the Ministry of Science and Technology. In 2010, the company's outdoor semiconductor lighting, indoor semiconductor lighting, and landscape lighting market share were 15.31%, 17.54%, and 1.73%, respectively.
It is understood that Qinshang Optoelectronics began to adopt the EMC model in 2010 and has signed more than 100 million EMC construction contracts. By 2014, EMC business revenue will account for about 30% of the company's main business income.
The increase in upstream investment has led to an accelerated decline in LED prices in the near future. The government's downstream subsidy policy will also be introduced. The LED lighting market is expected to enter a period of rapid growth. It is expected that the government-driven street lamp and tunnel lamp market will grow at a compound rate of more than 100 in 11-13 years. %.
The company's issuance plan will raise 46.343 million yuan. The fundraising projects include LED outdoor lighting and landscape lighting, LED indoor lighting, LED lighting R&D and design center, and company operation management center. The expansion project is expected to be put into operation in 2013. Expand market size and increase market share.
It is expected that the sales revenue of the company after the issuance will be 743 million, 970 million, and 1.315 billion yuan, and the net profit attributable to owners of the parent company will be 121 million, 179 million, and 244 million, respectively; the corresponding diluted EPS will be 0.65 yuan. 0.96 yuan, 1.30 yuan.
The company's products have been successfully applied in 20 of the 21 pilot cities in the “Ten Cities and Ten Thousand Plans†of the Ministry of Science and Technology. In 2010, the company's outdoor semiconductor lighting, indoor semiconductor lighting, and landscape lighting market share were 15.31%, 17.54%, and 1.73%, respectively.
It is understood that Qinshang Optoelectronics began to adopt the EMC model in 2010 and has signed more than 100 million EMC construction contracts. By 2014, EMC business revenue will account for about 30% of the company's main business income.
The increase in upstream investment has led to an accelerated decline in LED prices in the near future. The government's downstream subsidy policy will also be introduced. The LED lighting market is expected to enter a period of rapid growth. It is expected that the government-driven street lamp and tunnel lamp market will grow at a compound rate of more than 100 in 11-13 years. %.
The company's issuance plan will raise 46.343 million yuan. The fundraising projects include LED outdoor lighting and landscape lighting, LED indoor lighting, LED lighting R&D and design center, and company operation management center. The expansion project is expected to be put into operation in 2013. Expand market size and increase market share.
It is expected that the sales revenue of the company after the issuance will be 743 million, 970 million, and 1.315 billion yuan, and the net profit attributable to owners of the parent company will be 121 million, 179 million, and 244 million, respectively; the corresponding diluted EPS will be 0.65 yuan. 0.96 yuan, 1.30 yuan.
Shenzhen Isource lighting Co., Ltd , https://www.isourceled.com